Emirates Business GCC economies will have to make more productive use of their workforces in order to sustain economic growth, according to a new ICAEW report. At the same time, the accountancy and finance body warns that countries will need to create millions of jobs for new entrants to the labour market. The report Economic Insight: Middle East Q2 …

  Manama / Tribune News Service Oil prices must reach $138 per barrel for Bahrain to be able to balance its budget, according to a senior official. The rate is higher than those required by other GCC nations, said Energy Minister Dr Abdulhusain Mirza. He was speaking at a symposium, The Decline in Oil Prices and their Impact on the …

  AMMAN / Tribune news service Gaining favourable treatment in terms of customs duties and other fees is a key to increasing Jordan’s agricultural exports to the Russian market, a government official said. “Efforts are still under way to secure preferential treatment from Russia in terms of custom duties and taxes when exporting fruit and vegetables,” Ministry of Agriculture Spokesperson …