Tunisair, Tunisia's state-owned carrier, plans to lay off 1,000 employees, or more than 12 per cent of its full-time workforce, as part of reform plans, the Transport Minister told Reuters on Monday.
Transport Minister Anis Gu
Air fares for Saudi Arabian Airlines (Saudia), the kingdom's national carrier, could be reduced under government proposals, said a report.
The Transport and Communications Committee at the Shoura Council is to discuss the pros
Egypt will divert natural gas supplies away from industry in August to meet increased demand from electric power plants, an official at the country's state gas board EGAS told Reuters on Monday.
Natural gas shortages have in t
Egypt's President Abdel Fattah Al-Sisi has approved the 2016-2017 draft budget, as well as an economic development plan, and sent both to parliament for passage, state news agency Mena said.
The draft budge
Bahrain’s obesity rate could be trimmed down by as much as 30 per cent if more people opted for robotic weight-loss surgery, according to a visiting expert. Surgical gastroenterologist and bariatric surgeon Dr Prasad Krishnan said the pr
Oil edged up above $34 a barrel on Friday, a gain of some 25 per cent from the 12-year lows seen earlier in January, on hopes that a deal between major exporters to cut production could help reduce one of the worst oil gluts in history.
Crude oil prices rose to their highest in three weeks on hopes for a pact among oil producers to cut output, while the dollar slipped on bets that interest rate hikes by the Federal Reserve would be more gradual than it has suggested.
Russia's oil industry has argued for years that it cannot cut output to support falling global prices for purely technical reasons; in reality it can - as long as it has the political will.
The days that ol
Public projects worth millions of dinars in Bahrain’s Capital Governorate have been shelved in an attempt to cut government spending. Members of the Capital Trustees Board said the projects, which include public parks and walkways, were