Austerity measures adopted in the face of low oil income are estimated to save Bahrain’s government BD813.8 million ($2.14 billion) by the end of 2018, according to Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa in a report in the
Saudi Arabia may take further measures against Iran after cutting ties with its regional rival this week, the Saudi foreign minister said on Saturday, in a major row over the kingdom's execution of a Shi'ite Muslim cleric.
Struggling gold producers plan increasingly drastic measures such as scrapping dividends, cutting jobs, halting projects and shutting mines to survive the latest price plunge, but not all of them will make it.
Gold tumbled to a mo
Bahrain is stepping up measures to stop an outbreak of the deadly Ebola virus in the country.
A delegation of World Health Organisation (WHO) experts is coming to Bahrain to be updated on preventive measures and help draw up an Eb
All visitors to Bahrain are being screened as they enter the country in a bid to prevent the spread of the deadly Ebola virus.
The news follows the death of a Saudi man in Jeddah yesterday, who authorities suspect contracted Ebola durin
Aluminium Bahrain (Alba) is implementing the Heat Stress Management Programme to ensure that employees remain better informed about practical measures needed to be taken for enjoying a comfortable and safe summer.
The programme, c
Kuwait can overcome the global economic crisis by the end of 2009 if the Kuwaiti government helps to boost the economy with financial incentives, said a top Kuwaiti banker.
“The Kuwaiti economy will return to its norm by the end of the yea
Egypt will exempt hotels from paying contributions to the country's tourism promotion authority and will cut fees paid by charter flights to help its tourism industry cope with the global financial crisis.
"The minister (of tourism Zoheir
Many measures are to be proposed by MPs to safeguard the interests of bank customers in the face of a major global financial crisis.
MP Dr Jassim Hussain told our sister paper Akhbar Al Khaleej on Monday that legislators were planning to i
Indian inflation rose further above eight per cent late last month and is expected to keep climbing to a 13-year peak this month, which analysts said will prompt the central bank to take action soon to try to ease price pressures.