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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 5th, 2015 - 01:52 GMT

A monumental event: 500 companies from 140 countries set for UAE investment meeting

CBJ Deputy Governor Adel Sharkas indicated on Sunday that the amount would range between JD400 and JD500 million (500 to 600 USD).
January 5th, 2015 - 04:55 GMT

Seeking economic 'blessings'? Jordan likely to issue Islamic sukuk next month

Al Bawaba
January 4th, 2015 - 11:17 GMT

'The father of Sharm el-Sheikh': Egyptian business tycoon asks for his assets back

Al Bawaba
January 4th, 2015 - 10:37 GMT

Emotional, or more like 'financial', blackmail? Israel withholds Palestinian tax revenues

Al Bawaba
January 4th, 2015 - 04:22 GMT

The most vulnerable? Oil price slump aggravates South Sudan's economic woes

Al Bawaba
January 4th, 2015 - 03:53 GMT

Who needs caution when you have the Expo? Dubai passes highest budget since financial crisis

Al Bawaba
January 4th, 2015 - 11:07 GMT

Breaking: Jordan suspends 'historic' $15 billion gas deal with Israel

"We have reached the danger point... after starting to withdraw from the reserves," to meet the budget shortfall, Alwaleed said in a letter addressed to the finance minister.
January 4th, 2015 - 04:55 GMT

Economy drama: Al-Walid Bin Talal lashes out at his country for 'largest deficit ever'

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

Bombing Gaza hasn't really helped either: Israel 2014 per capita growth below OECD average

Al Bawaba
January 1st, 2015 - 11:35 GMT

New year's resolution? Egypt pays back $2.1 billion in debt to foreign energy companies

Al Bawaba
December 31st, 2014 - 05:28 GMT

2014's dramatic farewell: Oil heads for biggest annual drop since 2008

Al Bawaba
December 31st, 2014 - 01:36 GMT

It's all related: Russia economic turmoil to take toll on Dubai airport traffic

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