

Kuwait budget surplus tops $32bn
Thursday, 3 April 2008, 8:16:57 pm
Kuwait is forecast to have posted a record budget surplus of 8.7 billion dinars (32.7bn) in the 2007/2008 fiscal year, reported AFP, citing a report by National Bank of Kuwait. The report estimated the oil-rich emirate has posted record revenues of 19.17 billion dinars ($72bn) in the year running from April 1 to March 31, up 130% on a budget projection of 8.3 billion dinars. The unprecedented high revenue and surplus is the result of record oil revenues, estimated by NBK at 18.15 billion dinars ($68.2bn), or just under 95% of total income.
April 3, 2008
Oman's non-oil exports exceed RO1 billion
Oman's non-oil exports exceeded one billion Omani riyals ............
April 3, 2008
Bahrain's mutual fund assets surge in 2007
Assets under management by Bahrain's mutual funds industry ....
April 2, 2008
The Dubai Financial Market rose again on Wednesday, .................
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