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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 exchange will support the cryptocurrency trading pairs of Bitcoin and Ethereum Classic. (Shutterstock)
August 27th, 2018 - 10:40 GMT

World’s First Shariah-Compliant Crypto Exchange to Be Launched in UAE

Kuwait is working to complete the project on the specified date under the GCC's general secretariat plan, said the report. (Shutterstock)
August 27th, 2018 - 10:31 GMT

Kuwait Commences Work on Gulf States Railway

Egypt maintained its position as the most popular destination of Q2, "thanks to the continued patronage of both leisure and business travellers from the region." (Shutterstock)
August 27th, 2018 - 10:24 GMT

Egypt Ranks as Most Popular Holiday Destination for MENA Travelers

The loan which was increased from an initial guide size of $6 billion to $8 billion, comes after the Kingdom postponed Aramco’s initial public offering. (Shutterstock)
August 27th, 2018 - 10:13 GMT

Saudi Arabia Public Investment Fund Raises $11 Billion Loan

Arif Naqvi, the founder of Abraaj Group. (AFP)
August 27th, 2018 - 09:58 GMT

Abraaj Group Founder to Face Court on August 28

95% believe that AI will have a positive impact on their firm, with 70% already earmarking a budget for its implementation. (Shutterstock)
August 27th, 2018 - 09:49 GMT

Survey: 95 Percent of Middle East Firms Believe AI Have Positive Impact

Workers who make up this percentage do not have intermediate or university degrees, the minister explained, adding that they need to be “filtered” through a mechanism that assesses the actual need for their services. (Shutterstock)
August 27th, 2018 - 09:36 GMT

70 Percent of Expats in Kuwait's Private Sector Are Unqualified

Foreigners bought 5,367 properties in Turkey during the first quarter of 2018, compared to 4,316 last year. (Shutterstock)
August 26th, 2018 - 12:00 GMT

Real Estate Sector Thrives in Turkey Due to Lira Plummet

Oil prices rose amid the fall in US crude inventories by 5.84 million barrels, the biggest drop in four weeks. (Shutterstock)
August 26th, 2018 - 11:53 GMT

Oil Prices Recover Due to Iranian Oil Supply Disruption

The cost of a child’s education from preschool to university in the UAE has been estimated at around $255,000. (Shutterstock)
August 26th, 2018 - 11:45 GMT

Education Sector in UAE Witnesses Intense Competition

The airlines were compared in the category of free checked luggage allowance, free seat reservation, pre-boarding for families, no 'lap fees', kids meals, free kids entertainment, onboard bassinet/carry cot and for taking pushchair for free. (File/Photo)
August 26th, 2018 - 10:46 GMT

Emirates, Etihad Among World's Top 20 Most Family-Friendly Airlines

A message from the Saudis: If we buy our arms from you, we also buy your silence. (AFP)
August 26th, 2018 - 10:41 GMT

Opinion: The Repercussions of the Saudi-Canada Row on Mohamed Bin Salman

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