Implementing the directives of HE Hamad Al Hurr Al Suwaidi, Chairman of the Department of Finance (DoF) – Abu Dhabi, and in line with its vision of prosperity and well-being of Abu Dhabi through an … (read more here…)
Proceeds from Dubai’s new $1.25bn, two-tranche Islamic bond provide enough funds for the Gulf emirate to manage its budget deficits and refinancing plans, a senior government official said yesterday. (read more…) – FINANCE
Dubai is to be the first country outside the UK to have a branch of budget chain Poundstretcher. (read full story…)
(MENAFN) Airbus said that it has sealed an 11 A330-300 aircraft deal with Indonesia's flag budget carrier Garuda, reported Xinhua News. The European aircraft manufacturer added that the planes … (read full story…)
The debt pile of Travelodge is costing the budget hotel group £100m a year in finance costs and dragging it deep into the red, according to company accounts. (read more…)
DUBAI — Dubai Municipality on Wednesday said it has achieved a Dh2.1 billion surplus in 2011 budget, mainly on rationalisation of expenses in operational activities. (read the story…)
DUBAI (Reuters) – Qatar is expected to set a "conservative" government budget in the next fiscal year beginning in April, and has not indicated that it plans any further rise in social spending, an International Monetary Fund official said. "The finance minister has said that he will keep capital expenditure at 40 percent of...
Analysts says budget carriers will be first to switch to Dubai’s second airport (more…)
(MENAFN) Dubai’s official media office said that next year, the emirate’s government’s budget deficit would be expected to reach around USD499 million, reported Associated Press. The office added … (read the story…)
(MENAFN – Emirates News Agency (WAM)) His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today has approved the Government Sector … (read more…)
