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wage

Kuwait hikes state wages, to act vs inflation

Kuwait hikes state wages, to act vs inflation

Authorities said late on Monday that government workers would get a 25 percent rise in their basic salaries, while pensioners…

March 13, 2012 1:59
 
Kuwait Central Bank governor resigns over rising spending

Kuwait Central Bank governor resigns over rising spending

Kuwait's central bank governor resigned after 25 years in the post on Monday, protesting against a rapid rise in government spending, but his departure may be linked to political change in the oil-rich state and not any immediate economic crisis.

February 13, 2012 2:29
 

UAE economy minister calls for steps to prevent price hikes

The UAE's economy minister called on Tuesday for measures to prevent traders and commercial outlets from hiking prices, state news agency WAM reported, in the wake of an order to ramp up wages for some government employees.

December 7, 2011 12:49