Monday 15 February 2016
 
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Cabinet

Iran's cabinet approves new draft energy contracts

Iran's cabinet has approved a draft of international oil and gas contracts meant to attract foreign investors and oil buyers once sanctions are lifted, the Oil Ministry's Shana news agency reported. The agency gave no deta

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Iran's cabinet approves new draft energy contracts

Iran's cabinet has approved a draft of international oil and gas contracts meant to attract foreign investors and oil buyers once sanctions are lifted, the Oil Ministry's Shana news agency reported. The agency gave no deta

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Bahrain's ministries merged in Cabinet revamp

Changes have been made to Bahrain’s Cabinet, with the number of ministries reduced from 18 to 16. The Social Development Ministry and the Labour Ministry have been merged under Minister Jameel Humaidan, while Information Affairs Minister

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Bahrain sets up 'mini cabinet' to tackle financial problems

Bahrain's King Hamad bin Isa Al Khalifa on Thursday ordered the formation of a "smaller cabinet" within the government that will look specifically at financial problems raised by lower oil prices, state news agency BNA reported.

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Saudi Arabia grants licence to first Qatari bank

The Saudi Council of Ministers granted a licence for Qatar National Bank to open a branch inside the kingdom, the official SPA news agency said on Monday, in what would be its first licence awarded to a Qatari lender. The announce

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Egypt's cabinet submits resignation

Egypt's cabinet has resigned but will stay on in a caretaker role until a new government is formed, a statement from the office of President Abdel Fattah al-Sisi said on Saturday, without giving a reason for the move. The anno

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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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