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Free Fuel for everyone?  Iran's bold move to beat a gasoline crisis
August 7th, 2026 - 11:33 GMT
Osama Ali

Osama Ali

Free Fuel for everyone? Iran's bold move to beat a gasoline crisis

ALBAWABA- Iran has started a statewide program to provide free compressed natural gas (CNG) to owners of dual-fuel cars, in a move aimed at reducing gasoline usage and relieving the growing pressure on the country’s fuel resources. The scheme, launched by the National Iranian Oil Refining and Distribution Company (NIORDC), allows eligible drivers to fill their vehicles free of charge at over 1,000 participating CNG stations around the country. The ...
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Most Gulf stock markets were closed yesterday for the New Year, but Saudi Arabia and Oman were open and performed well
January 2nd, 2013 - 08:49 GMT

Saudi stocks edge upwards

The IMF has praised Egypt's new currency controls, which are aimed at devaluing the Egyptian Pound
January 2nd, 2013 - 03:00 GMT

IMF lauds Egypt's new currency plan

The Central Bank of Egypt is trying to stop a currency flight from the country
January 1st, 2013 - 08:00 GMT

Egypt: New currency controls to curb dollar speculation, bankers claim

Jordan and Kuwait have signed key  GCC-backed contracts work $259.5 million
January 1st, 2013 - 03:00 GMT

Jordan and Kuwait sign project contracts worth $259.5 million

China’s crude oil imports from Iran fell 31 per cent in November , with traders citing delivery delays by Iranian tankers because of tough Western sanctions.
December 31st, 2012 - 12:28 GMT

Iranian oil exports to China drop due to sanctions

Citing Western sanctions against Iran, South Korean oil imports from Iran have dropped dramatically
December 31st, 2012 - 12:20 GMT

South Korean oil imports from Iran drop

Egyptian President Mohammed Mursi said Monday that the country’s currency situation will “balance out within days,”  in an effort to calm fears
December 31st, 2012 - 11:52 GMT

Morsi: Currency situation will “balance out within days”

Iran has held a simulated cyber attack as part of military drills in the key oil trading route, the Strait of Hormuz
December 31st, 2012 - 10:43 GMT

Iran stage cyber warfare drills

Media reports suggest that a further $300 million in Mubarak's assets have been frozen in Switzerland
December 31st, 2012 - 10:35 GMT

Swiss freeze $300 million of Mubarak assets, according to reports

Bahrain has signed six financing agreements totalling $448 million with the Saudi Development Fund
December 31st, 2012 - 10:16 GMT

Bahrain signs Saudi-backed GCC development projects

Iraq is to refuse payment to the semi-autonomous Kurdistan region in a long running dispute over oil rights
December 31st, 2012 - 08:56 GMT

Iraq-Kurdistan feud rumbles on as Baghdad withholds payment

Poverty in Jordan is creeping up
December 31st, 2012 - 08:41 GMT

Jordan's poverty rate creeps up

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