by Monji Saidani | Jul 7, 2014 | Business
Tunis, Asharq Al-Awsat—The Tunisian government has cut the state budget for the current financial year through a supplementary bill expected to be ratified in the coming weeks by the Tunisian Constituent Assembly. In legislation announced at the end of last week,...
by Ali Ibrahim | Apr 30, 2014 | Opinion
Contrary to what happened in previous years, fuel price hikes—or more accurately, the partial reduction of fuel subsidies—announced by the Iranian government a few days ago passed without major protests or palpable social unrest. This means that the general public in...
by Asharq Al-Awsat | Mar 17, 2014 | Business
Cairo, Reuters—Egypt’s food subsidy bill will be 30 billion Egyptian pounds (4.31 billion US dollars) this year, an amount that is expected to remain stable in the next fiscal year that begins in July, the new supplies minister said, pledging to tackle a...
by Ubaid Al-Suhaimy | Jul 2, 2013 | Features
Dammam, Asharq Al-Awsat—Saudi Arabia is facing a water crisis. Despite the kingdom’s massive investments in desalination plants, demand is growing at a rate that threatens to outstrip supply, leading to the formulation of ambitious plans for the expansion of its...
by Asharq Al-Awsat | May 7, 2013 | Middle East
London, Asharq Al-Awsat—Iranian president Mahmoud Ahmadinejad defended his economic record and reasserted his determination to press ahead with his subsidy reform program on Sunday. The announcement comes in the run up to presidential elections next month. On a trip...