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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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August 9th, 2018 - 10:20 GMT

Turkish Power Barge Starts Producing Electricity in Lebanon

Oman’s oil exports during July reached 24.08mn barrels, with daily average exports of 776,800 barrels. (Shutterstock)
August 9th, 2018 - 09:19 GMT

Oil Production in Oman Surpasses 30 Million Barrels in July

Turkey's natural gas trade with Iran is legitimate and in accordance with a signed contract with an expiry in 2026. (Shutterstock)
August 9th, 2018 - 09:09 GMT

Turkey, Iran Gas Trade to Continue Until 2026

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August 9th, 2018 - 09:02 GMT

Saudi Arabia Gets Rid of Canadian Assets

445,000 Egyptians work in the Kuwaiti private sector. (AFP)
August 9th, 2018 - 08:52 GMT

More Than 60 Percent of Egyptians in Kuwait Work in Private Sector

The IMF encourages Egypt to continue its plan to raise energy prices. (Shutterstock)
August 9th, 2018 - 08:43 GMT

IMF: Egypt's Economy to Improve in 2021

Iran will stand firm against threats by the US over oil shipments. (Shutterstock)
August 9th, 2018 - 08:35 GMT

Iran to Continue Oil Exports Regardless of US Threats

Saudi citizens will be able to access cheaper and more accessible mortgages at fixed rates under an initiative launched Wednesday by the Saudi Real Estate Refinance Company. (Shutterstock)
August 9th, 2018 - 08:28 GMT

Accessible Mortgages to Stimulate Property Ownership in Saudi Arabia

The first agreement, worth $13.8 million, will be dedicated to improving Zara-Maeen Water Treatment Plant’s supply system and reduce operational and maintenance costs. (Shutterstock)
August 9th, 2018 - 08:03 GMT

$166 Million Agreement Between Jordan,US to Rehabilitate Water Network

Oil revenues jumped by 82 percent compared to a year earlier to reach SR184.165 billion. (Shutterstock)
August 9th, 2018 - 07:48 GMT

Budget Deficit Falls by 84 Percent in Saudi Arabia


It is expected that the new reforms will be focused on those professions and industries that meet the UAE's strategic needs. (Shutterstock)
August 9th, 2018 - 07:41 GMT

The Effects of the Visa Reforms on UAE's Economy

Kingdom’s petroleum supplies are not to be impacted by political considerations. (Shutterstock)
August 9th, 2018 - 07:32 GMT

Saudi Oil Supplies Will Not Be Affected by Saudi-Canada Conflict

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