Saudi Aramco stated that it would raise its domestic gasoline prices for August. Prices for 91 octane grade gasoline will increase to 1.43 riyals ($0.38) from 1.29 riyals, while 95 octane grade will increase to 1.60 riyals from 1.44 riyals.

In other news, Saudi Arabia’s Royal Commission for Al-Ula announced in a statement that it is partnering with Europe’s largest hotel group Accor to expand and run a resort at Al-Ula tourism project in the Saudi Arabia’s northwestern region.

To read about this and more of the week’s news from the Kingdom, click here.

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