Kuwait budget surplus reaches US$58 billion in 11 months
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Sun April 15, 2012 9:20 am

KUWAIT. Kuwait had a preliminary budget surplus of 16.07 billion dinars (US$58 billion) in the first 11 months of the fiscal year that ended March 31, Al-Shall Economic Consultants reported, citing Finance Ministry data.

Income was 26.89 billion dinars, including oil revenue of 25.48 billion dinars, while spending was 10.82 billion dinars, Al-Shall said.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 16, 2014
INTERNATIONAL. The upcoming Scottish election, whichever way it goes, demonstrates the enormous power of the desire for national self-determination. If it can corrode the British union, it can corrode anything.
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UAE. In the rental market, Cluttons expects affordability to remain central to the rental value growth equation, with rises likely to slow further in the coming months; Residential values in Dubai rise by 3.8%; 19% growth in Abu Dhabi residential capital values over the same period.
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