Friday 16 November 2018
 
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UAE federal ministries' H1 revenues top $10bn

UAE federal ministries have reported total revenues of Dh39 billion ($10.62 billion) during H1 2018, according to the general budget implementation financial performance report released by the Ministry of Finance.  

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UAE earmarks $1.36bn for major housing scheme

The UAE government has allocated around Dh4.8 billion ($1.36 billion) in the 2017-2019 budget for the Sheikh Zayed Housing Programme to provide Emirati citizens with decent living standards and ensure social well-being and the economic welfare i

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UAE Cabinet approves $48bn 2019-22 budget

The UAE Cabinet approved a zero-deficit federal budget of Dh180 billion ($49 billion) for the next three years (2019-2021) at a meeting today.   The session, chaired by His Highness Sheikh Mohammed bin Rashid Al

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UAE federal budget increased by $536m

The UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree-law approving additional funding to general federal budget of about Dh1.969 billion ($536 million).   The decree-law s

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Saudi Q2 revenues soar 67pc; non-oil up 42pc

Saudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said.

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Saudi Q2 revenues soar 67pc to $72.94bn

Saudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said.

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US federal govt shuts down over budget row

The US federal government shut down at midnight on Friday after the Senate failed to agree on a new budget to fund the government.   Despite last-minute bipartisan meetings, the bill to fund the government until

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Oman approves $32.5bn budget for 2018

Oman has approved a state budget that envisages a total public expenditure of OR12.5 billion ($32.51 billion) for 2018, an increase of OR800 million from the estimated expenditure for 2017.   His Majesty Sultan Q

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Saudi Arabia plans $14bn infrastructure spend

Saudi Arabia's 2018 budget envisages a capital expenditure of SR205 billion ($54.66 billion) or 21 per cent of total expenditures, 13.6 per cent higher than 2017.   The capital expenditure ratio to total gove

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Saudi Arabia plans $14bn infrastructure spend

Saudi Arabia's 2018 budget envisages a capital expenditure of SR205 billion ($54.66 billion) or 21 per cent of total expenditures, 13.6 per cent higher than 2017.   The capital expenditure ratio to total gove

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