Tuesday 25 September 2018
 
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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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Qatar Fuel Company unveils $224m budget

Qatar Fuel (Woqod) has allocated QR816 million ($224 million) for spending in 2018 on new development activities including the setting up of new petrol stations and projects aimed at boosting the non-oil sector. Woqod's capita

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Saudi budget proposes record spending of $260bn

Saudi Arabia has announced an expenditure of of SR978 billion ($260.80 billion) for the next fiscal year, the largest budget spending in the history of the kingdom and a growth of 5.6 per cent compared to 2017.  

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Sharjah unveils $6 billion budget for 2018

Sharjah, UAE has unveiled a general budget of Dh22.1 billion ($6 billion) for the fiscal year 2018, marking a is a 6 percent increase from the emirate's 2017 budget, a media report said.  Approved by Dr Sheikh Sultan bin

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