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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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The 16.3% increase reflects more favourable conditions for wealth creation despite volatile geopolitics. (Shutterstock)
September 13th, 2018 - 06:39 GMT

Wealth of UHNW Reaches $31.5 Trillion, With Middle East Fourth-Largest Region

This long-term supply agreement is the first QPSPP naphtha feedstock sale to an end-user in India, highlighting QPSPP push for more direct sales with established end-users. (Shutterstock)
September 13th, 2018 - 06:21 GMT

Qatar to Supply India With 600,000 Tonnes of Naphtha Over 3-Year Deal

The country’s budget might increase to KD 40 billion, and the number of expatriates will increase to five million with the opening of the Silk City Project. (Shutterstock)
September 13th, 2018 - 06:07 GMT

Expats to Hit 5 Million Mark in Kuwait With Opening of Silk City Project

As usual, the campaign was followed by large number of press releases flooded by the labor ministry in all local media outlets. (Shutterstock)
September 13th, 2018 - 05:28 GMT

Opinion: Is Saudization a Mirage Investment?

Turkish Petroleum Corporation to make investments in Sudan worth $100 million, says agriculture and forestry minister. (Shutterstock)
September 12th, 2018 - 06:47 GMT

Turkey, Sudan Ink Deals Worth $100 Million on Oil Exploration and Agriculture

Iran to Use Technology for Food Products. (Tehran Times)
September 12th, 2018 - 06:41 GMT

Ahead of Sanctions, Iran to Use Technology for Food Products

Iraqi passengers disembark from a train coming from Baghdad as it arrives in the city of Fallujah in Anbar province, about 70 kilometers west of the capital. (AFP)
September 12th, 2018 - 06:37 GMT

Hope Thrives as Iraq Reopens Railway Between Baghdad and Fallujah

The current version of the law mandates the Cabinet to determine the amount given to citizens working in the private sector. (Shutterstock)
September 12th, 2018 - 06:30 GMT

If Passed, New Law to Encourage Kuwaitis to Work in Private Sector

Despite the lower purchases, Iran remained the third biggest oil supplier to India in August, the data showed. (Shutterstock)
September 12th, 2018 - 06:26 GMT

Iraq Ahead of Saudi Arabia as Top Oil Supplier to India

The guide will be useful to tourists who are big on adventure and would like to know about the various heritage sites in the governorate. (Shutterstock)
September 12th, 2018 - 06:23 GMT

Muscat as Never Seen Before, Thanks to New Tourism App

Turkey aims to export smart phones to 45 countries by the end of this year. (Shutterstock)
September 12th, 2018 - 06:15 GMT

Turkey's Smartphone Producer to Export to 45 Countries Worldwide

The new law comes to “redistribute the tax burden and achieve justice among all groups of society. (Shutterstock)
September 12th, 2018 - 06:12 GMT

Jordan's New Income Tax Law Promises Little Change for Investors

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