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FIL is a small player, with an expected market share of less than 1%.
The UAE Central Bank said they have not discontinued minting the 1 fil, 5 fils, and 10 fils coins.
The price at the pump for diesel and kerosene was increased to 120 fils per litre in 2016 as part of a plan to hike it by 20 fils each year until 2019.
And the 1, 5 and 10 fils coins are rarely used but are still legal tender.
For water usage, the rates will remain at 25 fils per unit for up to 60 cubic metres (first water category), 80 fils for 61 to 100 cubic metes (second water category), and 200 fils for 101 cubic metres and above (third water category).
The price will increase by another 20 fils to reach 140 fils with effect from January 1, 2015.
For water usage between 451 cubic metres and 1,000 cubic metres it will cost 500 fils, 600 fils, 700 fils and 750 fils respectively, followed by 750 fils for 1,001 cubic metres and above.
A year later consumers will pay 160 fils per litre - with the new price taking effect on January 1, 2016.
Small groceries, big supermarkets and even banks don't have small change - 5 fils, and 10 fils.
The National Oil and Gas Authority (Noga) yesterday announced that diesel would be sold at 180 fils per litre from January 1, 2017.
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.
Not a single bank could provide coins smaller than 25 fils.
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