Higher fuel price to hike inflation, but there are benefits "Impact on inflation should be minor, particularly as diesel prices have dropped, and that drives commercial transport."
UAE gives consumers top priority, to constantly monitor prices UAE Ministry of Economy said it will play its role continually in protecting the consumer in association with its partners on both federal and local government levels.
UAE govt to announce new petrol price today The government had late last week announced that it would deregulate the price of petrol, and link it to market movements.
Focus shifts to US growth as rate hike from Fed, BoE loom Eurozone inflation seen steady at 0.2% after early estimate of slight rise
The epic fall of the Canadian dollar As West Texas crude was slammed down to $48 now, its correlation with the loonie surged.
Mena states plan new taxes to meet budget deficits Fiscal policy initiatives are now focusing on ways to broaden the revenue base, promote investment in projects that create value addition to existing oil and gas export projects.
Foreign insurers taking cautious look at Iran after nuclear deal Eight out of 11 insurance and reinsurance specialists said Iran was an attractive or very attractive market, especially in the marine and energy sectors.
Arab states may toe UAE line, remove fuel subsidies Kuwait and Saudi Arabia are already working on plans to link fuel prices to market movements.
