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Economy Latest

The deregulation of fuel prices in the UAE will ease pressure on the state budget

UAE takes long-term view with subsidy cuts Subscription

28 July 2015 | By

Deregulation of fuel prices will ease pressure on state budget

Egypt’s spending on fuel subsidies has dropped by 29 per cent in the wake of reforms that hiked up prices for consumers

UAE will save $1.85bn on subsidy cuts Subscription

28 July 2015 | By

Overall spending will be reduced by $5.5bn

Petrol pumps

Fuel price increase following deregulation Subscription

28 July 2015 | By

The first of a monthly fuel price review has been revealed


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More News & Analysis

Egypt’s spending on fuel subsidies has dropped by 29 per cent in the wake of reforms that hiked up prices for consumers

UAE will save $1.85bn on subsidy cuts Subscription

28 July 2015 | By

Overall spending will be reduced by $5.5bn

Petrol pumps

Fuel price increase following deregulation Subscription

28 July 2015 | By

The first of a monthly fuel price review has been revealed

London skyline

Abu Dhabi group buys Great Scotland Yard Subscription

27 July 2015 | By

Luxury hotel conversion already under way

Istanbul

Turkey calls Nato meeting on Syria Subscription

27 July 2015 | By

Instability spills over Syrian border

Fuel subsidies

Kuwait denies petrol price rise plans Subscription

27 July 2015 | By

Government is studying the impact of subsidies

Turkey's Prime Minister Ahmet Davutoglu

Ankara launches air strikes against Isis Subscription

26 July 2015 | By

Turkey joins international community as it carries out anti-Isis assaults in Syria and Iraq

Manama financial district in Bahrain

Bahrain's non-oil economy beats expectations Subscription

23 July 2015 | By

A number of sectors grew strongly

Qatar says final draft of labour law will be ready this year

Pakistan to ship 200,000 workers to Qatar ahead of 2022 World Cup Subscription

23 July 2015 | By

Initiative comes amid criticism of Qatar’s failure to improve worker rights

Algiers, capital city of Algeria

Algeria posts trade deficit Subscription

22 July 2015 | By

North African nation records low earnings amid oil price slump

Enoc petrol pump

UAE adopts fuel deregulation policy Subscription

22 July 2015 | By

Policy to trigger short-term rise in gasoline prices

Egypt cabinet approves new budget

Egypt’s trade deficit rises by 52 per cent Subscription

22 July 2015 | By

Export decline driven by a reduction in the value of key exports

Aircraft agreement

Cairo receives first batch of French fighters Subscription

21 July 2015 | By

Egypt keen on boost its military capacity as it fights militants in Sinai

Support: Bahrain will become more dependent on Saudi Arabia if oil prices remain low

Manama’s economic battle Subscription

20 July 2015 | By

Particularly vulnerable to low oil prices, Bahrain is looking to reduce its deficit by increasing private participation and taking on GCC funding

Talks: An outline agreement on Iran’s nuclear programme was reached on 2 April in Switzerland

Growth hinges on single deal Subscription

20 July 2015 | By

Prudent policies implemented by the government have stabilised Iran’s economy, but progress is dependent on whether a nuclear deal can be agreed with the P5+1 countries

Misspent: Iraq’s finance minister (left) told international media the cushion of reserves had gone

Recovery undercut by falling oil Subscription

20 July 2015 | By

Low oil prices and the battle against Isis have rendered Iraq incapable of paying its debts to international oil companies, despite record export figures

Development: Delays have resulted from slow decision-making processes in recent years

Kuwait commits to major projects Subscription

20 July 2015 | By

Widening the reforms being rolled out to speed up decision-making processes is essential if progress is to be made on delivering urgently needed infrastructure

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Impact of Terrorism on Tunisia

Tunisia shooting

Tunisia passes terror law Subscription

27 July 2015 | By

Human rights groups criticise ‘flawed’ and ‘vague’ law

Tunisia shooting

Tunisia declares state of emergency Subscription

5 July 2015 | By

More attacks targeting strategic sectors possible

Tunisia shooting

Sousse attack to impact Tunisia's political transition Subscription

30 June 2015 | By

Sousse attack threatens entire economy, while the international community stands by

Tunisia assault

Tunisia makes beach attack arrests Subscription

30 June 2015 | By

Unidentified number of people accused of providing support to gunman


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Gulf Capital SME Awards 2015

28 October 2015 | Recognising success, growth and innovation in business

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