Wednesday 22 May 2013
 
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Parliament

Bahrain MPs seek more time for budget report

Bahrain parliament’s financial and economic committee will seek a two-week extension of the period set for submission of a report on the 2013-2014 state budget bill. A request in this regard will be submitted to the parliame

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EU parliamentary team visits Alba

  Aluminium Bahrain (Alba) expressed its continuing support for stronger commercial, economic and cultural ties between Bahrain and Europe as it welcomed a seven-member delegation from the European Parliament to its plant on Tues

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Bahrain ups anti-inflation allowance

Bahrain has announced a substantial increase in the kingdom’s anti-inflation allowance, according to a report. Parliament agreed to pass the law on the 2013-2014 budget when it convenes for its upcoming session on May 7, sai

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Bahrain’s budget talks put off

Discussions about Bahrain's national budget have been postponed for a week to prevent it from being blocked by the members of the parliament, a report said. Parliament's financial and economic affairs committee chairwoman

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Bahrain raises pensioners' payouts

Pensioners in Bahrain with a monthly payout of up to BD700 ($1,846) will be entitled to an increase of BD75, said a top government official. A retiree whose pension is between BD700 and BD1,500 will be eligible for an increase of

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Egypt parliament approves revamped poll law

  Egypt's parliament approved a revised election law on Thursday setting rules for a parliamentary poll later this year, but opposition politicians denounced the new statute and repeated a threat to boycott the vote.

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Greece passes law to spur investment, tourism

The Greek parliament approved legislation late on Thursday to boost private investment, a key condition to get the crisis-struck country out of its worst-ever peacetime recession. The new investment incentive law aims to cut red t

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Kuwait approves personal debt relief plan

Kuwait's parliament approved a plan on Wednesday to buy some citizens' personal loans, write off the interest and reschedule repayments. Finance Minister Mustapha al-Shamali said on Tuesday the government was expecting to

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UK parliament delegation to visit Bahrain

Senior British MPs are due to visit Manama this week as part of a parliamentary inquiry into the UK's relations with Saudi Arabia and Bahrain, a report said. A delegation from the House of Commons Foreign Affairs Select Commit

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Egypt parliament approves Islamic bond law

  Egypt's parliament approved on Tuesday a law allowing the issuance of Islamic bonds which could provide the heavily-indebted government with a new form of finance.   The Islamist-led upper hou

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