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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 seven sovereigns rated by S&P Global Ratings have liquid government assets totaling more than 100% of GDP; notably, three are members of the Gulf Cooperation Council. (SG)
August 28th, 2018 - 09:56 GMT

3 GCC Countries With Liquid Assets Over 100% of GDP

Tesla’s shares, already down nearly 10 percent from their level on 7th August, just before Musk tweeted that he had “funding secured” for a buyout at $420 a share, fell 5 percent in trading in Germany to $263.50. (Shutterstock)
August 28th, 2018 - 09:40 GMT

Tesla Shares Plunge After Musk Calls off Private Deal

Aramco is the world's most profitable energy company. With a net income of $33.8 billion in the first half of 2017 before taxes, a considerable amount of the income goes to the government budget, which could change. (AFP)
August 28th, 2018 - 09:34 GMT

With an Indefinite Halt on Its IPO, What's Next for Saudi Aramco?

A large number of women were recently employed in GACA and in service providing companies in technical fields. (Shutterstock)
August 28th, 2018 - 08:54 GMT

5 Saudi Women Can Now Roam the Skies

Mutee’s reported escape triggered public outrage over the summer, amid assertions by the government to bring to justice all involved in the headline-grabbing case. (Shutterstock)
August 28th, 2018 - 08:48 GMT

Interpol Issues Notice Against Jordan's 'Tobacco Man'

Service providers like Careem or Uber have witnessed a rising success in Jordan. (Shutterstock)
August 28th, 2018 - 08:44 GMT

Entrepreneurs' Stand on 'Sharing Economy' in Jordan

The fees for hiring of workers and health insurance will be increased as well, while workers will be mandated to undergo medical tests before entering the country. (Shutterstock)
August 28th, 2018 - 08:37 GMT

No Work Permits for Expats Above 60 in Kuwait

Police reportedly found a suicide note from the second floor flat, which Mr Prakash, his wife Shijina and their two sons Vedjabes and Abhayadev, shared with another Indian family. (Shutterstock)
August 28th, 2018 - 08:05 GMT

23 Expats Committed Suicide in Bahrain in 2018

The top Iranian diplomat said Tehran would cooperate with Ankara to put off wildfire in the Iraqi part of Hour al-Azim wetland. (Shutterstock)
August 27th, 2018 - 10:55 GMT

Iran Honours Relations With Turkey

An ounce of gold is now worth $544 up from $447.76. (Shutterstock)
August 27th, 2018 - 10:48 GMT

Gold Ounce Price up to $544

The Turkish lira has lost nearly half of its value over the last 12 months. (Shutterstock)
August 27th, 2018 - 10:46 GMT

The Economical Ramifications of Erdogan's Dictatorship

Every child has a right to a quality education in a safe and inclusive environment. (Shutterstock)
August 27th, 2018 - 10:44 GMT

Australia Pledges JD5.2 Million to Jordan to Improve Access to Education

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