Kuwait 'willing' to push reforms including subsidy cutsKuwait's government is showing a willingness to push forward fiscal reforms including subsidy cuts needed to support its currency in an era of low oil prices, a senior IMF official said. Gulf states, including Kuwait, traditio More… |
Subsidy cuts 'may hit Bahrain’s real estate market'Plans by the Bahraini government to remove fuel and utility subsidies are likely to have a long-term impact on the kingdom’s industrial and residential property markets, according to leading international real estate consultants, Cluttons. More… |
Subsidy cuts ‘could hit investment in Bahrain’Future investments in Bahrain could be at risk following subsidy cuts, warned a prominent member of the parliament. Subsidy cuts would only provide short-term relief, Ahmed Qarrata, a member of a special sub-committee formed to ir More… |