Saudi Arabia has raised power and water tariffs for next year as crude prices rise. Saudi Energy, the state-backed utility provider, has raised tariffs for residential, commercial, industrial and agricultural users from January 1, the Saudi Press Agency (SPA)…
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The Saudi Energy Company and the National Water Company announced on Sunday adjustments to electricity, water, and wastewater service tariffs across the Kingdom.
Saudi Arabia will revise electricity, water and wastewater tariffs from January 1, 2027, to improve consumption efficiency and sustain essential services, while introducing monthly financial support for eligible citizens to ease the impact on living costs.
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, based on a proposal by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, directed on Sunday a series of support measures for citizens coinciding with Saudi…
Oil prices climbed more than 1 percent on Wednesday after an attack on a refinery in Saudi Arabia renewed concerns around supply risks from the major exporter. Brent crude futures gained $1.59, or 1.4 percent, to $115.47 a barrel as of 07:35 a.m. Saudi time.
