Saturday 18 November 2017
 
»
Tag
 
»
Spending

Oil revenues drive Saudi fiscal improvements

Tight spending and oil revenues drove Saudi Arabia’s fiscal improvement in the first half of the year, said a report published by Bank of America Merrill Lynch (BofAML). The fiscal deficit in the second quarter of 2017 (2Q17

More…

Oil revenues drive Saudi fiscal improvements

Tight spending and oil revenues drove Saudi Arabia’s fiscal improvement in the first half of the year, said a report published by Bank of America Merrill Lynch (BofAML). The fiscal deficit in the second quarter of 2017 (2Q17

More…

UAE consumer spending set to top $261bn

Consumer spending in the UAE, which amounted to nearly $183 billion in 2016, is forecast to rise at a compound annual growth rate (CAGR) of 7.5 per cent over the next five years to exceed $261 billion in 2021, a report released by the Dubai Cham

More…

Global IT spending to grow 2.4pc in 2017

Worldwide IT spending is projected to total $3.5 trillion in 2017, a 2.4 percent increase from 2016, according to Gartner, Inc. This growth rate is up from the previous quarter's forecast of 1.4 percent, due to the US dollar d

More…

Chinese tourists spent 12pc more in outbound travel

China continues to lead international outbound tourism, as international tourism expenditure from that country grew by $11 billion to $ 261 billion, an increase of 12 per cent, as reported in the latest UNWTO World Tourism Barometer.

More…

UAE ranks as world’s fastest-growing theme park market

The UAE is the dominant market in the Mena region for theme park visitor spending, which is set to grow six-fold from $105 million in 2016 to $637 million by 2020, according to a report by the International Association of Amusement Parks and Att

More…

Qatar to boost spending on smart infrastructure

Qatar is currently spending $500 million a week on capital projects in preparation for its ambitious Fifa World Cup 2022 extravaganza and over the next five years it is set to boost its expenditure on smart infrastructure developments, said a re

More…

Education, military spending take top spots in Saudi budget

Education and military expenditures take the top two spots in Saudi Arabia's 2017 budget, which estimates a spending of SR890 billion ($237.3 billion), an 8 percent increase from 2016.   Revenue is projected

More…

Saudi approves $237bn budget for 2017; deficit cut

Saudi Arabia's Cabinet, which met today under the chairmanship of King Salman bin Abdulaziz Al Saud, has approved a SR890 billion ($237.28 billion) budget for the next year. The budget envisages an 8 per cent increase in spend

More…

Saudi Aramco plans to spend $334bn in next 10 years

Saudi Arabia's state-owned oil giant Aramco plans to invest a total of about $334 billion by 2025, including spending on infrastructure and projects to maintain oil capacity, a senior Aramco official said on Monday. Abdulaziz

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads