Friday 3 July 2015
 
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Cabinet

Bahrain Cabinet approves measures to cut costs

Bahrain’s Cabinet has approved a number of immediate measures to cut expenditure, boost revenues, redirect subsidies, optimise the cost of public services and merge government agencies. The austerity measures are expected to

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New sheesa cafe timings in Bahrain backed

A decision to close sheesha cafes in Bahrain at midnight has sparked uproar among business owners and councillors. However, the move taken last week by the Works, Municipalities and Urban Planning Affairs Ministry and Interior Min

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Saudi cabinet approves tax on undeveloped land

Saudi Arabia's cabinet has approved a proposal to tax undeveloped land in urban areas, a policy that could help to end a shortage of affordable homes and spur economic growth. The cabinet told a council of top economic officia

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Egypt approves long-awaited investment law

Egypt's cabinet approved a long-awaited draft law on investment on Wednesday, the prime minister said, aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy. The go

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Cabinets demand to hit $64bn, up 5.5pc per year

The demand for cabinets worldwide is set to reach $64 billion in 2018, on advances of 5.5 per cent per year, according to a new study. ‘World Cabinets,’ the study from the Cleveland-based industry market research firm

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Lavish grants from Saudi king to buoy economy, markets

A lavish payout to public employees ordered by Saudi Arabia's new King Salman will help to sustain the kingdom's consumer boom and reassure financial markets that the government is not slashing expenditure in the face of low oil prices.

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Saudi king reshuffles cabinet; veterans stay

Saudi Arabia's new King Salman has ordered a lavish payout to all state employees and reshuffled some top government jobs while keeping in place the oil, foreign, finance, defence and interior ministers. The top oil exporter w

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Bahrain announces new Cabinet line-up

Bahrain’s His Majesty King Hamad issued a decree yesterday (December 6) appointing the ministers for the new Cabinet, who were nominated by HRH Prime Minister Prince Khalifa bin Salman Al Khalifa on Wednesday, a report said.

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Bahrain extends Eid Al Fitr greetings

Bahrain's Cabinet has extended Eid Al Fitr greetings to His Majesty King Hamad, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa

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Egyptian cabinet cuts deficit in revised budget plan

Egypt's cabinet has submitted a revised budget for the the new fiscal year which starts on Tuesday, proposing a narrower deficit after President Abdel Fattah al-Sisi rejected a previous draft because spending was too high, Finance Ministry s

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