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Iran
March 16th, 2026 - 10:37 GMT
Al Bawaba Staff

Al Bawaba Staff

Iran raises its minimum wage by 60%

ALBAWABA - Iran announced raising its minimum wage by 60 percent, following months of anti-government protests amid soaring inflation and poor living conditions. AFP reported that the country revisits its minimum wage salaries annually. However, Iran's war with the US and Israel caused record levels of inflation, prompting the government to raise the minimum wage by over 60 percent. Iran raises its minimum wage by 60% Iran Announces Sharp Minimum ...
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Al Bawaba
March 3rd, 2015 - 04:41 GMT

Exactly what the economy needs: Egypt to build 200 meter-high pyramid skyscraper

Al Bawaba
March 3rd, 2015 - 02:38 GMT

Slashed proftis, fired CEO, now insider trading is suspected at Mobily

Al Bawaba
March 3rd, 2015 - 10:45 GMT

New honeymoon destination? Emirates to launch flights to Bali

Al Bawaba
March 3rd, 2015 - 08:23 GMT

A GDP on the 'side': Egypt has received $23 billion worth of aid from Gulf states in past 18 months

Al Bawaba
March 3rd, 2015 - 08:10 GMT

'Lacking clear direction': Egypt stocks rebound, Saudi stocks flat

Inflation should range between 3% and 5%, the report noted while the average economic growth expected is 7%.
March 2nd, 2015 - 09:38 GMT

Is he going to be around for that long? Sisi to present Egypt's 2030 vision at economic summit

Al Bawaba
March 2nd, 2015 - 09:32 GMT

Bahrain central bank chief worried about economic slowdown, bank profitability

He said Oman’s banking sector expected to see profits expand 10 per cent in 2015, in line with growth last year; loan growth might be 10-12 per cent, compared to 11 per cent in 2014.
March 2nd, 2015 - 09:26 GMT

One way of addressing the oil price plunge? Oman to issue first sovereign sukkuk by mid-2015

Al Bawaba
March 2nd, 2015 - 08:54 GMT

'Heralding a new era': Qatar takes full control of prime Milan business area

That’s the vision, but then the mobile industry has a history of over-promising what it actually delivers with each G.
March 2nd, 2015 - 08:23 GMT

Nothing to add? Smartphone industry 'tiptoes' around 5G network

Turkish Central Bank Governor Erdem Basci sought to calm jittery investors, appearing to dismiss rumors that he would resign and giving a brief lift to the lira currency after it tumbled to a record low.
March 2nd, 2015 - 08:02 GMT

Keep calm and ignore Erdogan: Turkey central bank chief to stay put after Lira's historic low

The Abu Dhabi company is led by a team of executives who worked at Emaar Properties, including Emaar's current chairman, Mohamed Alabbar.tra
March 2nd, 2015 - 04:55 GMT

What the Arab Spring was about: UAE developer plans $80 billion giant city in Cairo

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