Sunday 19 May 2013
 
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Fee

Suez Canal to raise fees from May

  Egypt's Suez Canal Authority said on Thursday it was raising fees on shipping through the waterway by between 2 and 5 percent starting on May 1, boosting revenues for the cash-strapped governm

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Saudi to impose fine on firms with more expat staff

  Saudi Arabia is stepping up efforts to lower unemployment among its citizens by fining private sector firms that employ more foreigners than Saudis, the labour ministry said in a statement carried by state news agency SPA on Tu

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Xpress launches flat fee for India transfers

Xpress Money, a global money transfer brand with a major presence in the GCC, has introduced a flat fee of Dh15 ($4) for remittances of any denominations to India. The revised fee comes on the heels of the company’s decision to discontinue

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Bahrain extends labour fee exemption

Bahrain companies will be exempted from paying fees to the Labour Market Regulatory Authority (LMRA) until the end of this year, the Cabinet said. The Cabinet yesterday (September 18) decided to extend the grace period till December. Payme

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MPs seek overhaul of Bahrain LMRA

Parliament has demanded a massive overhaul of Bahrain's labour market watchdog, accusing senior officials of widespread nepotism and corruption. MPs also accused top management of orchestrating a campaign of hatred against the governme

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Fee relief planned for Bahrain hotels

A five per cent fee levied by the Bahrain government on hotels could soon be frozen for three months as part of efforts to support hotels and revitalise the tourism sector hit by the recent crisis. Culture Minister Shaikha Mai bint Mo

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Bahrain LMRA probe reveals irregularities

A parliamentary probe committee investigating Bahrain's Labour Market Regulatory Authority has hinted at widespread irregularities. The committee, which met yesterday, claimed it has compelling evidence that top hierarchy is involved.

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$647m labour fees collected by LMRA

Bahrain's Labour Market Regulatory Authority (LMRA) has collected BD243,852,218 ($646.8 million) in fees since its inception in 2008 until March 2011. Eighty per cent fees and all the penalties have been transferred to Tamkeen and 20 p

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$63m relief for Bahrain businesses

Bahrain employers will be spared up to BD24 million ($63.6 million) following the decision to freeze monthly fees on expatriate workers for six months - on the basis of BD4 million monthly. 'The moratorium aims to ease financial burden

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Bahrain contractors slam LMRA fee

Scores of Bahrainis last night signed a petition against "crippling" government fees for expatriate workers as part of the latest drive to have them scrapped. The businessmen, who are spearheading a campaign against the Labour Market Regul

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