Kuwait: Fuel prices in the country will be revalued early December, as people started consuming Premium instead of the Super fuel, said senior official at Kuwait National Petroleum Company (KNPC).
Kuwait: National Assembly Speaker Marzouq Al-Ghanem yesterday said the government has agreed to compensate Kuwaiti citizens for the hike in petrol prices, but a number of lawmakers immediately rejected the deal.
Kuwait: Hundreds of taxi drivers have been ticketed by traffic policemen for not using their meters or not adjusting them to the new fee structure set by the interior ministry after the recent hike in petrol prices.
Kuwait: The administrative court is scheduled to review a case filed by a local lawyer demanding undoing the decision to increase petrol prices that already took effect on Sept 1.
Kuwait: Minister of Commerce and Industry Yousef Al-Ali affirmed yesterday that the introduction of new fuel prices from tomorrow will not “affect prices of basic commodities”.
Kuwait: The Ministry of Commerce and Industry is taking necessary measures to combat potential attempts to raise prices, a senior ministry official said on Saturday.