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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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Oil Prices to Remain Between $70 - $80 per Barrel. (Shutterstock)
September 4th, 2018 - 08:36 GMT

Oman: Oil Prices to Remain Between $70 - $80 per Barrel

Turkish President Recep Tayyip Erdogan. (AFP)
September 4th, 2018 - 08:10 GMT

Turkey to Ditch the Dollar in Trade With Iran, China

The rate of renewing contracts increased by 21 per cent in 2017 compared with 2016. (Shutterstock)
September 4th, 2018 - 08:02 GMT

Oman Rents Drop Due to Cancelation of Rental Contracts

The unemployment rate during the second quarter of 2018 was 18.7 percent. (Shutterstock)
September 4th, 2018 - 07:56 GMT

Unemployment Rate Increases in Jordan But Decreases Among Women

Officials have warned that anyone who will be caught staying in the country after the expiration of their visa will face legal action including jail sentence, hefty fines and deportation. (Shutterstock)
September 4th, 2018 - 07:48 GMT

Jobseeker Visa Violators to Face Prosecution in UAE

Abu Dhabi Commercial Bank (ADCB) said that merger talks with Union National Bank (UNB) and Al Hilal are at a very preliminary stage.
September 4th, 2018 - 07:41 GMT

Three Major UAE Banks Mulls Merger to Create $113 Billion Bank

The ministry clarified that the statement was issued in response to "baseless and unfounded" media reports. (Shutterstock)
September 4th, 2018 - 07:36 GMT

Saudi Arabia Will Not Impose Fees on Expat Remittance

Egypt’s stock market index gained 4.82 percent this week. (AFP)
September 3rd, 2018 - 09:49 GMT

Egypt's Stock Market Is the Best-Performer in the Region This Week

The growth reflects the significant achievements made by the transformational industries over the past five years. (Shutterstock)
September 3rd, 2018 - 09:21 GMT

UAE Non-Oil GDP Hikes Steadily

Construction was the most active segment of the GCC projects market in 2017. (Shutterstock)
September 3rd, 2018 - 09:16 GMT

Report: 2017 Worst Year for GCC Construction Industry

Fifteen companies are reported to be considering a merger to avoid bankruptcy. (Shutterstock)
September 3rd, 2018 - 08:31 GMT

15 Companies Consider Merger to Avoid Bankruptcy in Kuwait

The Fan ID, provides fans with visa-free entry to Russia at the 2018 tournament.(Shutterstock)
September 3rd, 2018 - 08:21 GMT

Qatar Mulls Visa-Free Entry Scheme

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