Riyadh-Mubasher: Al Sorayai Group is studying the financial impact of the kingdom’s decision to lift energy prices, the company said in a bourse statement on Tuesday.

The financial impact, if any, will be reflected on the company’s financials for 2016.

Saudi Arabia on Monday unveiled plans to cut expenditures and sharply raised domestic fuel prices as the world's top oil exporter attempts to cope with a new era of cheap crude prices.