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20 Jun, 2025
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El-Sisi Calls for Increased Efforts to Restore Gaza Ceasefire in Meeting with Hungarian Speaker
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Tag: expenditure

Kuwait suspends formation of new companies, IPO over economic constraints

January 10, 2022January 10, 2022 Peter Mulvany

The Kuwait Investment Authority has ordered a temporary halt to the creation of new companies and the listing of companies on the country’s stock market, citing the prevailing strained economic environment, reports say. Official sources, Arab News notes, told Al-Anba, Read more

Gulf News, HeadlinesBoston Consulting Group, expenditure, Kuwait, Kuwait Investment Authority

Saudi Arabia reports 2022 budget surplus of $24bn in 8 years

December 13, 2021 Jaber Ali

Saudi Arabia is expecting a surplus of $24 billion (SR90 billion) from 2022 budget; first time since 2013, reports say. A cabinet statement has indicated that the Gulf country will achieve a total revenue for 2022 of SR1.05 trillion, while Read more

Finance, HeadlinesBudget, deficit, expenditure, KSA, revenue, Saudi Arabia, surplus

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