Palestinians to raise taxes, cut costs to curb deficit
PM Fayyad says action needed after foreign aid shortfall; Economic problems coincide with political uncertainty
January 10, 2012 11:00Oman plans $3.1B deficit in 2012 draft budget
Oman set its 2012 draft budget with a deficit of 1.2 billion rials ($3.1 billion) and expenditures of 10 billion rials, higher than planned for 2011, a finance ministry official said on Wednesday.
November 23, 2011 10:49
Kuwait’s money matters
Analysts suggest Kuwait will see a $24 billion surplus for 2009-2010, but a $26 billion deficit is expected next year.
February 9, 2010 3:53
Saudi will prevail!
Arab News published an editorial on Saudi Arabia’s commitment to development, and why the nation’s predicted deficit for 2010 is no problem at all. It’s one of the most obvious displays of brownnosing Kipp’s seen in a long time (aside from articles published in Emirates Business 24/7, of course).
December 23, 2009 10:35
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