• Home
  • UAE Posts $18 Billion Surplus in First Nine Months of 2019

UAE Posts $18 Billion Surplus in First Nine Months of 2019

The United Arab Emirates (UAE) posted a surplus of 66.3 billion dirhams ($18.05 billion) in the first nine months of 2019, state news agency WAM said on Thursday, citing government data.

The surplus was slightly higher than in 2018, when the UAE posted a surplus of 66 billion during the same nine-month period.

Revenues amounted to 359.2 billion dirhams and expensed totalled 292.9 billion, the agency said. Expenses were 4.2% higher than in the first nine months of 2018. ($1 = 3.6728 UAE dirham) (Reporting by Nafisa Elthair and Davide Barbuscia; Editing by Alex Richardson).

 

Read full article on Reuters, January 23, 2020

Issue: Economy & Innovation
Country: UAE

Leveling Up: Unlocking The Promise of Esports in Qatar

January 19, 2024

In some Arab Gulf States, the esports (electronic sports) industry is booming. Besides the entertainment they provide, professional individual or team-based video gaming events—can offer…

Gulf States’ Opportunities in Kazakhstan’s Emerging Economy and the Middle Corridor

December 11, 2023

When U.S. President Joe Biden and Chinese President Xi Jinping met in San Francisco to patch up Sino-American relations, they focused on the issues they…

Reimagining Geopolitics: How the IMEC Corridor Aims to Reshape Global Trade Dynamics

October 19, 2023

At the recent G20 summit in New Delhi in September, U.S. President Joe Biden announced that India, Saudi Arabia and the United Arab Emirates (UAE),…

Subscribe to Receive Latest Updates from GIF.