Saudi Arabia's government has decided to curb to some financial perks for public sector employees, according to a live broadcast of the cabinet's weekly meeting.
"The cabinet has decided to stop and cancel some bonuse
BP's shareholders have voted against chief executive Bob Dudley's $20 million pay deal for 2015, a rare investor revolt for such a major company, after it recorded a record annual loss.
Some 59 per cent
Samsung Electronics said Samsung Pay, a leading mobile payment service that works at the majority of merchants, has reached about five million registered users and processed more than $500 million in the first six months, showing a strong adop
Nass Corporation shareholders are to get cash dividend of five per cent for last year, it was announced at the Bahrain-based company’s annual ordinary general meeting, said a report in the Gulf Daily News (GDN), our sister publi
Udrive, a Dubai-based concept, launched the pay-as-you-go car rental service in Dubai, UAE.
The cars can be booked and paid for via an app, offering Dubai’s most convenient and affordable car rental optio
Shareholders of Gulf Hotels Group (GHG) will receive a dividend payout of 30 per cent, or 30 fils per share, totalling BD5.2 million ($13.8 million) based on last year’s financials, it has emerged, said a report in the Gulf Daily New
Average pay rises in Bahrain and across the GCC are set to be lower this year, than at any time over the past 10 years, despite the rising cost of living caused by cuts in government subsidies, according to a recent report.
Iraq will pay foreign oil companies about $2 billion in remaining arrears for 2015 this April and expects to reach an agreement over contracts by half-way through the year, the deputy oil minister said.
Deutsche Lufthansa, Germany’s national carrier, on Saturday signed an agreement with services union Verdi on pay for about 33,000 ground personnel, the union and the airline said.
Germany's largest airline agreed a pay i
Dubai's flagship carrier Emirates plans to raise "a lot of" debt next year to help pay off maturing debt of about $1 billion and finance aircraft deliveries, its president Tim Clark said on Sunday.
"We have bond