Wednesday 26 April 2017
 
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Budget

Qatar cuts 2022 World Cup budget by 40pc

Qatar has slashed its original budget for hosting the 2022 soccer World Cup by between 40 per cent and 50 per cent, a top official was quoted as saying by CNN Money. "We wanted to ensure there is financial responsibility in r

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Dubai business confidence soars on Expo2020, Budget

There has been a marked improvement in business confidence across Dubai during the fourth quarter over the same period in 2015, said a report. Results indicate that the 2017 budget, Expo 2020 and Dubai Plan 2021 are fuelling expectation

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India budget termed 'forward-looking'

The union budget of India 2017-2018, presented today by India's Finance Minister Arun Jaitley is a forward-looking budget designed to propel the economy forward, UAE-based finance experts said. Macro-economically it is a good

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Kuwait trade surplus edges higher on oil recovery

Kuwait’s trade surplus widened slightly for the second consecutive quarter in the third quarter of 2016, thanks to a continued recovery in oil prices, a report said. However, at KD1.4 billion ($4.58 billion), it still remain

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Kuwait trade surplus edges higher on oil recovery

Kuwait’s trade surplus widened slightly for the second consecutive quarter in the third quarter of 2016, thanks to a continued recovery in oil prices, a report said. However, at KD1.4 billion ($4.58 billion), it still remain

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Oman's budget carrier SalamAir launches bookings

SalamAir, Oman’s first budget airline, has launched ticket sales for flights between Salalah and Muscat and flights from Muscat to Dubai. Tickets are available through the user-friendly SalamAir.com website and a number of a

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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

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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

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Muscat's new budget carrier to be assigned to existing airport terminal

The soon-to-be-launched budget carrier SalamAir will most likely be assigned to the existing terminal at Muscat International Airport once the new terminal complex comes into operation later in 2017, said a report. According to Ma

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India to merge rail and federal budgets

India will merge its railway budget with the annual federal budget from the next fiscal year, ending a nearly century-long practice and easing the way for the government to cut populist subsidies and push through structural reforms.

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