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Obama budget cuts deficit $1.1 trillion over decadeNear-term US deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office (CBO) this week but $1.1 trillion lower than what it estimates over the coming decade. More… |
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Saudi surplus tops $164bn in 2012Saudi Arabia's current account surplus rose to 149.8 billion riyals ($39.9 billion) in the fourth quarter of 2012 from 140.7 billion in the previous three months, central bank estimates showed More… |
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Kuwait current account surplus up 20pcKuwait's current account surplus widened nearly 20 per cent to KD22.2 billion ($77.8 billion) in 2012 compared with the previous year, central bank data showed. The 2012 surplus soared to nearly 50 per cent of the Opec m More… |
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Qatar C/A surplus widens to $62bn in 2012Qatar's current account surplus has widened to QR226.9 billion ($62.3 billion) in 2012, or 32.4 per cent of gross domestic product, the central bank's preliminary data showed, beating analysts' expectations. More… |
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$57 BILLION: Big budget bonanza for KuwaitAfter remaining flat at around KD14.7 billion in the previous month, the Kuwait's budget surplus for the first nine months of the fiscal year jumped to KD16.1 billion ($56.7 billion) in December before allocations to the Reserve Fund for Fut More… |
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Kuwait budget surplus likely to hit $50bnKuwait's budget surplus could be in the rabge of KD11.9 billion to KD14.4 billion ($42 billion to $50.9 billion) for the current fiscal year backed by high oil revenue before allocations to the Reserve Fund for Future Generations (RFFG), sai More… |
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Kuwait trade surplus edges higher to $23.4bnKuwait’s trade surplus edged marginally higher to KD6.6 billion ($23.4 billion) in the third quarter of 2012, but remained below the KD7.2 billion record-high registered in the first quarter, said a report. Kuwait’s tr More… |
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Kuwait's budget surplus likely to hit $46bnKuwait's budget surplus is likely to reach KD11 to 13 billion ($39 to $46 billion) for the current fiscal year on higher than expected oil revenue before allocations to the Reserve Fund for Future Generations (RFFG), said a report. More… |
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Kuwait budget surplus to hit $44.7 billionKuwait's budget surplus for the first six months of FY 2012/13 reached KD12.6 billion ($44.7 billion) before allocations to the Reserve Fund for Future Generations (RFFG), said a NBK report. More… |
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Oman 9-month surplus rises to $7.5bnOman's budget surplus widened to 2.90 billion rials ($7.5 billion) in the first nine months of this year from 2.63 billion rials in the first eight months, data from the finance ministry showed on Tuesday. More… |
