In pursuit of Vision 2030, Saudi Arab has launched some reforms effective from 1st January, 2018. One of them include decreasing subsidy on Electricity, thus increasing the price substantially. Continue reading
Monthly Archives: January 2018
Increase in Fuel Prices in KSA
In pursuit of Vision 2030, Saudi Arab has launched some reforms effective from 1st January, 2018. One of them includes increase of fuel price. One of the main goal of Vision 2030 is to decrease the subsidies provided by the government. By increasing the fuel price of Octane 91 by 82%, Kingdom is still one of the countries to provide the cheapest oil. Continue reading