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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
January 27th, 2015 - 03:05 GMT

Betting on a self-fulfilling prophecy? Oil prices may have hit floor, can rise to $200- says OPEC top chief

The year 2015 may just be one of the best times for people to go for their dream vacation as holiday spending could get cheaper anytime soon.
January 27th, 2015 - 02:25 GMT

Pack your bags: Gulf airlines plan to slash prices before next July

Al Bawaba
January 27th, 2015 - 02:14 GMT

Catastrophic banking: Turkish state bank sustains $1 billion loss in bad loans

Al Bawaba
January 27th, 2015 - 11:02 GMT

Losing its glory? Iran joins long list of countries to ditch US dollar in foreign trade

Al Bawaba
January 27th, 2015 - 04:55 GMT

In the right direction: Egypt's economic growth expected to go 'easily north of 4 percent'

Al Bawaba
January 27th, 2015 - 04:55 GMT

Time to consider other majors? One in every 65 Jordanians is an engineer

Al Bawaba
January 26th, 2015 - 05:51 GMT

Count the blessings: Emirates mulls cutting airfare prices over oil price drop

Al Bawaba
January 26th, 2015 - 10:37 GMT

Historic irony? Kuwait company awarded Iraq airport project

Middle Eastern equity and equity-related issuance totalled $11 billion in 2014, a 173 per cent increase from 2013.
January 26th, 2015 - 10:03 GMT

Time to reminisce? ME investment bankers toast to their best year of fees since 2008

Al Bawaba
January 26th, 2015 - 09:44 GMT

Gold rises to five year high on safe-haven demand


He said the government is revising its draft budget to assume a base price of $40, from $72 a barrel.
January 26th, 2015 - 04:55 GMT

Pride or lunacy? Iranian govt says it can run the country on below $40 oil

Over 1,000 Saudi businessmen and companies in various sectors are expected to attend the March Economic Summit.
January 26th, 2015 - 04:55 GMT

1000 Saudi businessmen, companies to participate in Egypt's Economic Summit

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