Saudi to review power, fuel subsidies
Saudi Arabia
Riyadh - Arab Today
Saudi Arabia said Monday it plans to review the prices of heavily-subsidised power and fuel as part of new measures introduced in the face of low oil prices.
The kingdom's finance ministry also said it is considering plans to raise charges on public services and apply value-added tax (VAT) in cooperation with other Gulf Arab nations.
OPEC kingpin Saudi Arabia announced Monday that it has posted a record $98 billion budget deficit in 2015 and a projected $87 billion shortfall for next year.
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:06 2024 Thursday ,08 February
Meghan presents fashion award to wedding dress designer Waight KellerGMT 09:10 2012 Thursday ,31 May
Gitanjali mulls jewellery vending machines for Dubai
GMT 15:08 2018 Monday ,15 October
Turkey, Saudi leaders hold phone talk on missing journalist Jamal Khashoggi
GMT 13:57 2017 Saturday ,18 November
Victoria's Secret gala hits snagGMT 19:52 2011 Wednesday ,26 October
Mohammed returns from Saudi
GMT 10:22 2017 Sunday ,16 July
Saudi Arabia to provide France with file on Qatar's support for terrorism
GMT 01:02 2017 Monday ,20 March
Commercial Bank of Qatar considers international bond issue
GMT 15:21 2018 Friday ,14 December
Al-Jaafari calls for stopping the politicization of humanitarian affair in Syria
GMT 14:55 2015 Sunday ,01 November
Qatar opens mega-camp for 70,000 workers
GMT 16:49 2012 Thursday ,26 April
BlackRock, China\'s CIC to launch fundGMT 11:48 2011 Friday ,15 July
3 Yemenis killed, 11 wounded in Taez violenceGMT 15:11 2011 Wednesday ,27 July
Russia battles wildfires in new heatwave
GMT 06:41 2017 Tuesday ,01 August
Al Badry won't allow transfer to teams
GMT 13:43 2016 Friday ,09 September
Far from Manchester, Pellegrini enters China's dragons' den
GMT 18:02 2017 Monday ,21 August
Love beckons for recovering chimp in Brazil refuge
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor