Expats and businesses will no longer receive the majority of government subsidies in Bahrain, it was confirmed yesterday (July 29). However, Bahrainis will continue to enjoy subsidies on electricity and water in their homes, as well as on essent
India's fight against AIDS is being jeopardised by a cut in social spending by Prime Minister Narendra Modi's government, with health workers being laid off and programmes to prevent the spread of the deadly disease curtailed.
The World Trade Organization finalised a list of 201 information technology products to be freed from import tariffs in a $1.3 trillion deal on Friday, but said it was still short of the critical mass of countries needed to put it into force.
Britain has cut its stake in Lloyds Banking Group by a further percentage point to under 15 per cent, accelerating its drive to return the bailed-out lender to full private ownership.
The latest sale means the government has so fa
Tata Steel, Britain's largest steelmaker, may cut up to 720 UK jobs in a revamp of its speciality and bar business, which has been hit by cheap imports and high energy costs, it said on Thursday.
Most of the jobs at risk are a
Government ministers in Bahrain have been ordered to outline unnecessary administrative expenses, as part of plans to reduce public spending.
The move, directed by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Kha
Saudi Arabia could cut its agricultural water consumption by up to 70 per cent such as in growing date palms, with the use of Dutch technology on efficient use of water, according to a report.
Currently each date palm consumes rou
Businesses are operating in tough economic times, with budgets being significantly cut during the current industry downturn.
When lowering costs is a key priority, learning and development budgets have historically been one of the
Bahraini government ministers should no longer be allowed to charge first class travel to their expense accounts if unnecessary spending is to be reduced, according to legislators.
This could save the country millions of dinars an
Bahrain’s government has been asked to justify its planned public spending in the budget for 2015 and 2016, as parliament and the Shura Council seek alternatives to subsidy cuts.
Both chambers of the National Assembly yester