UAE may further hike energy bills


(MENAFN) The UAE energy minister said that the country is consuming too much energy and is considering raising prices to encourage consumers to change, Arabian Business reported



Fuel and electricity prices in the UAE are heavily subsidized giving residents little reason to switch to more fuel-efficient cars or limit their use of air conditioning in one of the world's hottest climates



The minister said: "What is sad is that consumption is double or triple the average of the world.


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