Tuesday 16 September 2014
 
»
Tag
 
»
subsidy

Saudis cushion labour reform with new hours, subsidy

Saudi Arabia is changing tack in its labour reforms, softening the blow to companies with money for subsidies and training while trying to lure its nationals to the private sector with more attractive working conditions. A draft l

More…

Yemen struggles towards fuel price reform

A clampdown on state spending was an effort by Yemen's government this month to win public support before its biggest economic reform in years: higher fuel prices. But an angry public may not be won over.

More…

‘Mena needs subsidy reform for sustainable development’

The Middle East and North Africa (Mena) region accounted for nearly half of the $492 billion global spending on energy subsidies, making the burden on public resources quite substantial, according to a report.  

More…

Fuel subsidy proposal may bolster Gulf Air

Gulf Air wants the government to subsidise 30 per cent of its fuel costs, to enable it to achieve an operating profit for the first time in years.   The proposal has already been tabled with the Cabinet, Gulf Air

More…

Libyan currency under pressure

Libya's currency is under heavy pressure as a breakdown in security and a collapse of oil revenues due to port blockades have badly disrupted public finances and an economy already burdened by exploding state salary and subsidy bills.

More…

Record $4bn subsidy for Bahrain in 2013

The Bahrain government had allocated BD1.535 billion ($4.05 billion) last year for subsidies and support schemes, Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa has told MPs in writing. Subsidies included BD67 million for f

More…

Egypt business pushes Sisi for energy subsidy cuts

Former army chief Abdel Fattah Al-Sisi has kept Egyptians guessing about how he will handle energy subsidies, one of the most explosive issues coming his way if, as seems certain, he is elected president next week. Cautious campai

More…

Etihad denies receiving any govt subsidy

Etihad Airways said today that it had received financial support from its shareholder in the form of equity capital and shareholder loans, but gets no government subsidy. The airline was reacting to reports in the Australian Finan

More…

Tunisia to trim fuel, sugar, bread subsidies

Tunisia will raise subsidised petrol prices by 6.3 percent in the coming days and also decrease subsidies for bread, sugar and other basic materials to trim its worsening budget deficit, the government said. Subsidies are a sensit

More…

Money to burn: Wasteful energy subsidies

Fossil fuel subsidies cost governments in emerging markets more than $500 billion every year and are a major contributor to climate change, according to the International Energy Agency (IEA) and International Monetary Fund (IMF).

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads