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U.A.E. to Raise Gasoline Prices, Move to Market Rate

The United Arab Emirates will raise gasoline prices by 11 percent from April 21 as part of efforts to more closely align them with market rates, Emirates News Agency said.

Prices will rise by 15 fils a liter from the government-set retail price of 1.37 dirhams ($0.37) for 95-octane fuel, the state-run agency known as WAM said.