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Kuwait budget surplus may hit $52 billionKuwait is likely to have recorded another massive surplus during the last financial year of up to KD15 billion ($52.8 billion) as the price of Kuwait Export Crude (KEC) averaged $107 per barrel fo More… |
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Kuwait 10-month budget surplus at $60.5 billionKuwait had a budget surplus of 17.2 billion dinars ($60.5 billion) in the first ten months of its fiscal year, preliminary budget data showed on Wednesday, thanks to robust oil income and lower-than-expected public spending. The g More… |
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Kuwait budget surplus to top $50bn in 2012-13An oil price of between $101 and $118 per barrel in 2013-14 could generate a budget surplus for Kuwait of up to KD16 billion ($56 billion) next fiscal year, following a surplus of KD14 billion ($50.4 billion) in 2012-13, a report said. More… |
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Kuwait 8-month budget surplus at $52bnKuwait's government budget surplus stood at 14.7 billion dinars ($52 billion) in the first eight months of its fiscal year thanks to strong oil revenues, data from the Gulf country's finance ministry showed. The April-Nove More… |
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UAE nets $10bn budget surplus in 2011The UAE booked a consolidated state budget surplus of Dh36.2 billion ($9.9 billion) in 2011, the country's finance ministry said yesterday, publicly releasing such data for the first time. The ministry said the figure included More… |
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Kuwait budget surplus hits record $46bnKuwait’s closing public finances data for fiscal year 2011-12 revealed a record surplus of KD13.2 billion ($46.7 billion) before transfer to the reserve fund, a report said. This was mostly due to higher oil prices, which averaged More… |
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Qatar budget surplus balloons to $12bnQatar's government budget surplus jumped to QR44.5 billion ($12.2 billion) in its 2011/12 fiscal year which ended in March, double the original plan, a prospectus for the country's Islamic bond showed on Monday. The surplus stood a More… |
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Qatar budget surplus to rise to 12.6pcQatar's government budget surplus should rise to 12.6 percent of economic output in 2011 from a revised surplus of 4.1 percent in the previous fiscal year, the Opec country's development planning authority said on Tuesday. The Gene More… |
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Kuwait Q1 budget surplus widens to $20bnKuwait's budget surplus in the first three months of its 2011-12 fiscal year reached KD5.6 billion ($20.3 billion), larger than a year ago on higher than expected oil revenue and lower spending, finance ministry data showed on Thursday. Th More… |
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Saudi to post $20 billion budget surplusTop oil exporter Saudi Arabia, which projected a budget deficit in 2011, is likely to post a SR77 billion ($20.5 billion) surplus based on an oil price of $80 a barrel, according to a research note on Sunday. State-owned National Commercia More… |
