Oman's public sector wage bill may jump by as much as 900 million rials ($2.3 billion) next year, according to the finance minister, accelerating a deterioration of its state budget position.
Financial Affairs Minister Darwish
Average wages for Bahrainis in the private sector increased by just one per cent in the first quarter of the year, compared to the same period last year, said a senior government official.
The average private sector salary rose fr
Hundreds of people took part in a Labour Day rally in Bahrain, highlighting the issues of sacked airline staff, low wages and the plight of vulnerable expatriates.
The march was spearheaded by the General Federation of Bahrain Tra
Bahrainis have enjoyed an 11 per cent increase in their average monthly salaries, according to the latest Labour Market Regulatory Authority (LMRA) figures.
It now amounts to BD489 ($1,297), with a further predicted rise of 4.5 per cent by
Saudi Arabia aims to complete a study on setting a minimum wage for private sector workers within four months, local media quoted the labour minister as saying.
The move is part of a government drive to make jobs more appealing to nat
Kuwait's recent wage hikes have raised concerns about the sustainability of its public finances, its central bank governor told the state news agency Kuna, citing a preliminary report from the International Monetary Fund (IMF).
Kuwait will probably struggle to sustain its level of government spending in the medium term because oil prices may fall, a World Bank official said on Tuesday, warning that its economic development plans were also at risk because of indiffer
Kuwait's government, under pressure from labour unions, has announced big rises in public sector wages while ordering measures to head off inflation in the prices of basic goods.
Authorities said government workers would get a 25 perc
The global oil and gas industry is brimming with confidence despite widespread concerns over the global economy and wages are surging in the sector, according to an annual salary guide.
The Salary Guide, produced by Hays Oil & Gas and
Bahrain’s Labour Ministry has launched a two-year graduate employment project, aiming to guarantee a minimum monthly wage of BD400 ($1,060) for Bahraini university graduates working in the private sector.
The project will be run in associa