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Price Hike

December 4, 2016 at 10:25

70 million KD saved after implementing new fuel prices

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Kuwait City: By lifting the subsidies on fuel, Kuwait has managed to save KD 70 million in its third month since the decision to implement new fuel prices came into effect, reports Annahar daily quoting trusted governmental sources.

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October 26, 2016 at 22:52

Fuel price hike impacts delivery services in Kuwait

Oula Petrol station Kuwait
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Kuwait: The fuel price hike in Kuwait had impacted the standards of living in Kuwait with many people paying double or triple to “fill the tank.”

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October 25, 2016 at 22:55

Kuwait to restudy fuel prices early December - KNPC

Kuwait National Petroleum Company (KNPC)
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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).

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October 6, 2016 at 10:27

Kuwaitis to get 75 liters of free petrol per month

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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.

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September 8, 2016 at 09:03

Ministry of Interior grants one month period for taxis to adjust fare meters

Taxi fare in Kuwait
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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.

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September 7, 2016 at 09:20

Court reviews request to suspend petrol price hike

Petrol price hike kuwait
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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.

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September 6, 2016 at 09:06

125,000 Kuwaitis live in Financial distress

A night view of Kuwait City
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Kuwait: Around 125,000 Kuwaitis are living or are prone to live in financial distress that makes them relatively unable to bear extra burdens...

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August 31, 2016 at 10:05

New fuel prices would not affect prices of all basic commodities

Minister of Commerce and Industry Yousef Al-Ali
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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”.

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March 28, 2015 at 18:35

Tight measures to prevent potential price hikes - Kuwaiti Official

Tight measures to prevent potential price hikes
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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.

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