Tag: Government Spending
Dubai Government Agencies To Cut Spending, Freeze Hiring
In response to the coronavirus outbreak, Dubai’s department of finance has directed all government agencies to slash capital spending and halt new hiring until...
Economy Diversifies to Boost Growth in 2020
A survey of nearly 440 senior accountancy experts on economic conditions in MESA showed a recovery in confidence in Q4. A revival in growth...
Consolidated government revenues up 4.8%
The UAE consolidated government revenues increased to AED304.5 bn during the first nine months of 2018, up 4.8 percent on year, with expenses picking...
UAE Ranked 5th Country Worldwide for Efficiency of Government Spending
The UAE was ranked fifth in the world in terms of efficiency of government spending in the 2011-2012 Global Competitiveness Report of the World Economic Forum (WEF), reflecting the UAE’s leadership’s vision and strategy of achieving prosperity for its citizens.
Institute of International Finance Regional GCC Overview sees return to solid...
The GCC Regional Overview from the industry benchmark Institute of International Finance shows that the region is seeing solid growth, underpinned by higher oil...