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Gulf Independent - spending
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Qatar cuts spending on new health facilities - official ARABIA

Qatar cuts spending on new health facilities - official

Qatar has cut its planned spending on building healthcare facilities by about two-thirds this year following the drop in energy prices but expenditure on its World Cup-related projects should be unchanged, an official said.

4:45 AM November 25 2016
Qatar residents' luxury spending 'still buoyant' ARABIA

Qatar residents' luxury spending 'still buoyant'

Notwithstanding the downturn in the energy front, Qatar’s residents average monthly spend on luxuries stood at $4,000 in 2015, which is twice that of the Gulf average, according to American Express (Amex).

4:45 AM November 25 2016
Oman studying 7-8% cut in electricity subsidies ASIA

Oman studying 7-8% cut in electricity subsidies

Oman's cabinet is considering changing electricity tariffs to save the government money which it spends on subsidies, a senior official said.

4:45 AM November 25 2016
British finance minister warns of 'cocktail' of risks in 2016 INTERNATIONAL

British finance minister warns of 'cocktail' of risks in 2016

British finance minister George Osborne has warned the economy faces a "dangerous cocktail of new threats" in 2016, insisting on the need to remain strict on public spending.

4:45 AM November 25 2016
Oman cuts 2016 spending, faces $8.6bn deficit ASIA

Oman cuts 2016 spending, faces $8.6bn deficit

Oman will cut spending this year by 15.6% in the face of lower oil prices but still faces a huge deficit after posting one in 2015.

4:45 AM November 25 2016
Dubai to increase 2016 spending 12% on balanced budget ASIA

Dubai to increase 2016 spending 12% on balanced budget

Dubai plans to raise spending by 12% next year, balancing that out with identical growth in revenue, on a budget of 46.1bn dirhams ($12.6bn), the government said on Sunday

4:45 AM November 25 2016