Friday 29 August 2014
 
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surplus

Oman budget surplus hits $1.5bn in Jan-May

Oman's government budget surplus reached 582.9 million rials ($1.5 billion) in January-May compared with a deficit of 110.4 million rials a year ago, provisional government data showed.      Analysts polled by Re

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Kuwait C/A surplus eases to $70bn

Opec major Kuwait said its current account surplus eased slightly to KD20.3 billion ($70.7 billion) in 2013, following an all-time high of KD22.1 billion the previous year, said a report. This was driven by a decline in the goods

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Kuwait surplus down 8pc to $72bn

Kuwait's current account surplus shrank by nearly 8 per cent to 20.3 billion dinars ($72.2 billion) in 2013 compared with the  previous year, preliminary central bank data showed on Thursday, in line with market expectations.

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Bahrain 'producing 850MW of surplus power'

Bahrain is now producing 850MW of surplus power, according to a top government official. Minister of State for Electricity and Water Affairs Dr Abdulhussain Mirza said it is sufficient to take care of the kingdom’s needs, ta

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Kuwait 9-month budget surplus down to $50bn

Kuwait's budget surplus narrowed by 11 per cent in the first nine months of its fiscal year as spending rose and oil revenues dipped slightly, provisional figures from the finance ministry showed on Sunday. The trend in spendi

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Qatar capital spending ‘well above budget’

Qatar will record a budget surplus in the 2013-2014 fiscal year despite a large increase in public spending, said a report. The budget surplus is expected to end the fiscal year at 3.9 per cent of GDP to extend a large positive ba

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Kuwait sees $42 billion budget surplus

An oil price in the range of $104 and $106 barrels-per-day (bpd) in the financial year 2013/14 could generate a budget surplus for Kuwait of between KD12 ($42.4 billion) and 14 billion this fiscal year, following the KD13 billion surplus recor

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Oman budget surplus hits $609m

Oman's year-to-date government budget surplus widened to 234.5 million rials ($609 million) at the end of August from 178.5 million rials in the first seven months of 2013, official data showed on Thursday.  

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Qatar trade surplus widens to $9bn in July

Qatar foreign trade surplus widened to QR32.9 billion ($9 billion) in July from QR32.1 billion in June, preliminary Statistics Authority data showed on Wednesday. The exports of petroleum gases and other gaseous hydrocarbons fell

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Oman budget surplus widens to $464m

Oman's year-to-date government budget surplus widened to 178.5 million rials ($463.6 million) at the end of July from 95.3 million rials in the first six months of 2013, data from the National Center for Statistics and Information showed o

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