Friday 31 October 2014
 
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reforms

Kuwait moves to cut diesel, kerosene subsidies

Kuwait's government is moving towards cutting some of the energy subsidies which drain billions of dollars from the state budget every year, in a politically sensitive reform which could start to curb waste and overuse of its oil resources.

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Saudi reforms to boost foreign investment in focus

Saudi Arabia’s reforms being rolled out in a bid to boost foreign investment, including a landmark decision to liberalise the kingdom’s capital markets, will be the focus of a study. ‘The Report: Saudi Arabia 201

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Sisi's bold start on reforms buys Egypt some time

Egypt's new president Abdel Fattah Al-Sisi has made a head start on tackling the country's economic problems, managing to introduce long-awaited subsidy reform without stirring popular unrest. Sisi's government, formed

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Saudi Arabia accelerates reform push with market opening

Saudi Arabia's decision to open its stock market to foreign investors is part of an accelerating series of economic reforms that may culminate in the most far-reaching change yet: higher domestic energy prices. In the past fou

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India considers selling $3bn stake in ONGC

Indian Prime Minister Narendra Modi's government will decide next month on the sale of a $3 billion stake in state oil firm ONGC, in a major test of whether he will follow tentative reforms outlined in his first budget with actions.

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India considers selling $3bn stake in ONGC

Indian Prime Minister Narendra Modi's government will decide next month on the sale of a $3 billion stake in state oil firm ONGC, in a major test of whether he will follow tentative reforms outlined in his first budget with actions.

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Gulf states set for IPO boom again

Initial public offers of equity in Gulf countries are set to boom, helped by lighter regulation and legal reforms as governments seek to diversify their oil-dependent economies, according to one of the region's top IPO lawyers.

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Fresh push for prison reforms in Bahrain

Tackling overcrowding at Bahrain's main prison, providing proper medical care for inmates and stopping illicit drugs from being smuggled into detention centres were highlighted in a major report.   They were

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Bold reforms in Arab states in transition needed: IMF

Arab Countries in Transition must pursue bold economic policy reforms to achieve economic stability and generate job-creating growth in the region, an IMF study has said. The study, entitled “Toward New Horizons—Arab E

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Labour reforms hit Saudi small contractors

Shortage of manpower following the new labour reforms in Saudi Arabia has resulted in the closure of more than 50 per cent of small and medium-sized contracting firms, a report said. Apart from shortage of qualified labour, wages

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