Oman may budget surplus widens, inflation at 27-month low
Budget surplus at 1.6 bln rials in Jan-May; Oil output up in May despite strikes; Inflation at 2.2 percent in May vs 3.0 pct in April
July 11, 2012 4:39
Gulf $20 billion aid fund not yet capitalized-Bahrain
Bahrain expects allocation from Gulf fund soon; Budget deficit $83 mln in 2011, lowest in 3 years; Spending at $7.6 bln in 2011, seen at $9.8 bln in 2012; Oil prices well below budget break-even point
June 20, 2012 5:46
Iran’s oil sanctions are just beginning to hurt
Oil revenue in the Islamic Republic may have fallen by nearly one third, or $35 billion, on the back of a slowdown in exports and declining prices. With U.S. sanctions set to tighten and China's apparent readiness to go along, Tehran's budget could be thrown deep into the red, says Una Galani
June 13, 2012 5:47
Qatar plans to boost spending by 27 percent in 2012/13
Expenditures projected at 178 billion riyals, surplus 28 billion; Government sees surplus of 8 percent/GDP vs. 6.7 percent in 2011/12 – QNA; Spending on public wages jumps 48 percent, projects up 7 percent
May 30, 2012 12:37
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24