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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
February 5th, 2015 - 09:37 GMT

On again: Gulf states to deposit $10 billion in Egypt


The strategic waterway, the fastest shipping route between Europe and Asia, is a barometer for international trade.
February 5th, 2015 - 09:22 GMT

Feeling confident: Suez Canal Authority reduces discounts for LNG carriers

Al Bawaba
February 5th, 2015 - 08:35 GMT

Not just oil troubles: Saudi Arabia's top gas exec dismissed

Al Bawaba
February 5th, 2015 - 09:20 GMT

Refreshing: Egypt's stocks at highest levels in 6 and a half years

Al Bawaba
February 5th, 2015 - 04:55 GMT

Reasonable or over-optimistic? Total CEO expects oil price of $60 this year

Erdogan has also dismissed hundreds of police and prosecutors believed to be linked to the cleric.
February 4th, 2015 - 08:31 GMT

Using a 'lack of transperancy' excuse, Turkish government seizes control over Bank Asya

Al Bawaba
February 4th, 2015 - 05:47 GMT

UAE airlines carry more Indians than Air India

Al Bawaba
February 4th, 2015 - 05:35 GMT

The tide has shifted: reform of Saudi subsidies 'imminent'

Al Bawaba
February 4th, 2015 - 09:36 GMT

The region's beacon of strength and stability: US to up aid to Jordan as it deals with with regional instability

Al Bawaba
February 4th, 2015 - 05:55 GMT

It has those? Dubai 'historic' sites to get facelift

Saudi Basic Industries Corp (SABIC), the Gulf’s biggest list company and one of the world’s top petrochemical producers, will pay two months’ basic salary to Saudi employees.
February 4th, 2015 - 04:55 GMT

Imitating royal handouts: Saudi Arabia's largest companies to issue free bonuses (to nationals only of course)

Al Bawaba
February 4th, 2015 - 04:55 GMT

'Targets surpassed': Etihad Airlines posts 23% increase in passenger numbers

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