Women hired under a graduate recruitment scheme in Bahrain face losing their jobs because of budget constraints, according to a senior unionist.
The General Federation of Bahrain Trade Unions (GFBTU) has received several complaint
Saudi Arabia's King Abdullah appointed new ministers for health, higher education, transport, agriculture, information and Islamic affairs on Monday as part of the kingdom's broadest reshuffle of second-tier posts in years.
Iraq's government reached a formal agreement on Tuesday with Kurdish regional authorities to end a protracted dispute over oil exports and budget payments to the semi-autonomous Kurdish region.
Finance Minister Hoshiyar Zebari
An advisory body to Oman's government has suggested sweeping spending cuts and tax rises, including a levy on liquefied natural gas exports, to cope with the hit to state revenues from the plunge in oil prices.
Syria's state spending is expected to rise 12 per cent to 1.55 trillion Syrian pounds ($9.10 billion) next year, driven by higher social support costs, state news agency Sana reported citing a draft budget presented to lawmakers on
Qatar's government spending fell 6.6 per cent from a year ago to QR38.8 billion ($10.7 billion) in the first quarter of the current fiscal year, while revenue soared to a record high, central bank data showed.
The central bank
Funds are positive on many Gulf stock markets despite the recent slide in oil prices, after sharp pull-backs in the markets improved valuations, the latest monthly Reuters survey of regional asset managers found.
The oil price dro
The UAE Cabinet has adopted the draft union budget for 2015 which envisages an expenditure of Dh49.1 billion ($13.36 billion), an increase of Dh2.9 billion (6.3 per cent) compared to the financial year 2014.
UAE Vice President and
The work on Al Ramli housing project in Bahrain is likely to start early next year on finalising budget procedures, said a report.
The massive development project includes more than 3,500 housing units to cater to old applicants f