There was a glaring absence of red meat at the Manama and Muharraq central markets yesterday (October 1), after butchers refused to pay higher prices for non-subsidised beef and mutton. Government meat subsidies were lifted yesterday and butch
German chemicals group BASF and Russia's Gazprom have abandoned a gas assets swap deal planned for this year as companies across Europe continue to suffer from growing tensions between Moscow and the West.
Relations between Ru
Leading global wheat buyer Egypt could remove the premium price the government pays to local farmers for their grain in a bid to claw back millions of dollars lost annually on fraudulent sales of cheap foreign wheat - passed off as local crop.
A raft of parliamentary proposals had to be scrapped in Bahrain as the final session of parliament's four-year legislative term descended into farce.
It began with first vice-chairman Abdulla Al Dossary ask
Oman has scrapped price controls for all but 23 basic products, prompting rare public criticism of government policy, after companies demanded freer markets. Economists said the move was unlikely to have a major impact on inflation.
A far-reaching investment plan designed to attract multimillion-dinar projects to the Capital Governorate has been abandoned in the wake of calls for the scrapping of Manama Municipal Council.
Councillors had b
Saudi Arabia mobile operator Mobily will cut its second-quarter profit by SR338.7 million ($90.3 million) after fixed-line rival Etihad Atheeb scrapped a deal between the two companies, it said on Monday.
Opponents of a proposed new airport in Bahrain want the project to be scrapped or relocated.
They say if it goes ahead at the proposed location off the northern coast of Bahrain, it could destroy more than half
From a bedside table made from a large car wheel to an entire bed made from a Volkswagen Beetle, unique furniture that started with one man's obsession with cars is creating a buzz in Bahrain.
Indian expat Surej Jacob, 50, has
The Bahrain government's subsidies on asphalt are to be scrapped.
The price will be deregulated as of January 1 for lack of economic viability, the National Oil and Gas Authority announced yesterday, said a report in the Gulf