A scenario whereby the IDRs of FMT and FIL
are differentiated is also a possible outcome as the credit profiles of both entities may differ.
During the year, FIL
embarked on the expansion of its servicing operations to a second servicing site in Irving, TX.
And the 1, 5 and 10 fils coins are rarely used but are still legal tender.
Bahrainis will continue paying three fils per unit for electricity usage up to 3,000 units (first electricity category), nine fils for 3,001 to 5,000 units (second electricity category), and 16 fils for 5,001 units or more (third electricity category).
Water usage not for domestic purposes will cost 400 fils, 550 fils, 650 fils and 750 fils per unit over four years for 0 to 450 cubic metres.
Diesel would be sold at 180 fils per litre from January 1, 2017, according to Noga, reported the Gulf Daily News, our sister publication.
As for commercial, industrial and government consumption, the tariff per gallon has been increased from 3 fils to 3.
The UAE Central Bank said they have not discontinued minting the 1 fil, 5 fils, and 10 fils coins.
The National Oil and Gas Authority (Noga) yesterday announced that diesel would be sold at 180 fils per litre from January 1, 2017.
Instead of absorbing 5 fils or 10 fils in the existing price, they have increased prices in the name of VAT.
Abu Dhabi: The Abu Dhabi Department of Economic Development (ADDED) on Thursday said that a small change of 10 fils and 5 fils can be rounded off to 25 fils and traders should not charge customers more than 20 fils in addition to the bill amount.