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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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A senior Iranian trade official announced that the country has increased its exports to the African states to a considerable extent. (Shutterstock)
November 12th, 2018 - 08:50 GMT

Iran Adds Africa to Its List of Saviours, as Exports Increase by 17 Percent

Sanctions will mostly pressure the people of Iran by depriving them from needed drugs and food. (Shutterstock)
November 12th, 2018 - 08:41 GMT

How Are the Food and Medicine Imports Affected by the US Sanctions on Iran?

The Petroleum & Petrochemicals platform has a balanced portfolio of integrated projects and companies, whose activities cover the various stages of the total supply chain of the oil, gas, refining and petrochemical industries. (Shutterstock)
November 12th, 2018 - 08:30 GMT

Mubadala Pumps AED 150 Billion Into Its Oil Investments

Nasdaq Dubai provides IsDB and its other regional and international issuers with a first class listing infrastructure as well as close links to investors around the world. (Shutterstock)
November 12th, 2018 - 08:22 GMT

Nasdaq Dubai Approves Listing of a 650 Million Euro Sukuk

Cooperation between OPEC and non-OPEC members will continue till 2020 to ensure a balanced oil market. (Shutterstock)
November 12th, 2018 - 08:17 GMT

OPEC Trying to Sustain Market Confidence Amidst Global Uncertainties

Bahrain, China to Want to Expand on Their $1.7 Billion Trade. (Shutterstock)
November 12th, 2018 - 08:11 GMT

Bahrain, China to Want to Expand on Their $1.7 Billion Trade

The sanctions regime is complicated by Pompeo’s suggestion that oil customers should pay through accounts earmarked for humanitarian items. (Shutterstock)
November 12th, 2018 - 07:59 GMT

What Have the US Sanctions on Iran Accomplished so Far?

Since the boycott started Saudi social media users have forwarded images showing them deleting the Amazon application from smartphones or cancelling online accounts. (Shutterstock)
November 12th, 2018 - 07:42 GMT

Why Are Saudis Boycotting Amazon?

The airport official said “some” of the oil providers were informed by internal company decisions, but Fenianos confirmed that none of the providers would be allowed to refuel the sanctioned carriers. (Shutterstock)
November 11th, 2018 - 05:01 GMT

Iranian Airlines Cannot Refuel in Beirut's Airport Due to Sanctions

Strong capital levels provide a large, loss-absorbing buffer for the UAE's banks. Moody's expects strengthening profitability to support capital levels, with sector-wide tangible common equity (TCE) at 14%-15% of risk-weighted assets over the next 12 to 18 months. (Shutterstock)
November 11th, 2018 - 04:48 GMT

Report: UAE Banking System Stable for Now


Economist Abdulaziz Sharoofna said that Saudization of such occupations is a necessary step to create more job opportunities for Saudi young men and women. (Shutterstock)
November 11th, 2018 - 04:42 GMT

Shops Close, Others Comply as Saudi Implements Saudization for These 12 Sectors

Iran underlines that the IAEA is the sole competent authority responsible for the verification of the fulfillment of safeguards obligations. (Shutterstock)
November 11th, 2018 - 04:35 GMT

Iran Fights for Right to Develop National Nuclear Fuel Cycle

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