deficit

An undated picture shows a view of the al-Zour oil and gas installations, in the south of the Gulf state of Kuwait. (Photo by AFP via Getty Images)
Kuwait
MENA
Live Story

Kuwait mulls new taxes to lower budget deficit

The draft budget for the 2025–2026 fiscal year forecasts an 11.9% increase in the deficit to 6.31 billion Kuwaiti dinars (about $20.5 billion).

Kareem Ramadan
27 February, 2026
Oman flag - Bildagentur-online
spending
MENA
Live Story

Oman foresees $5.7 bn deficit in 2021 budget

The New Arab Staff & Agencies
01 January, 2021
kuwait stock market - getty
oil
MENA
Live Story

Kuwait mulls cutting subsidies as deficit predictions worsen

The New Arab Staff
02 July, 2020
saudi riyadh economy
Saudi Arabia
MENA
Live Story

Saudi predicts increased budget deficit amid tumbling oil prices

The New Arab & agencies
01 November, 2019
Lucid -- AFP
Saudi Arabia
MENA
Live Story

Saudi Arabia invests $1bn in Tesla competitor Lucid

The New Arab & agencies
17 September, 2018
Kuwait - getty
petrochemicals
MENA
Live Story

Kuwait's economy shrinking for fourth year in a row

The New Arab & agencies
27 June, 2018
Oman Muscat
Sultan Qaboos
MENA
Live Story

Oman unveils budget with more optimistic forecast for 2018

The New Arab
01 January, 2018
Saudi economy -- AFP
Saudi Arabia
MENA
Live Story

Riyadh announces biggest spending plans yet amid deficit

The New Arab & agencies
19 December, 2017
Saudi stock exchange [AFP]
Saudi Arabia
MENA
Live Story

Saudi Arabia deficit plunges by nearly three-quarters after cuts

The New Arab
12 May, 2017
Qatar World Cup AFP
World Cup
MENA
Live Story

Qatar spending $500m a week on World Cup projects

The New Arab & agencies
08 February, 2017
Qatar flags
Qatar
MENA
Live Story

Qatar predicts another budget deficit in second successive year

The New Arab
16 December, 2016
Kuwait parliament - economy [AFP]
Moody's
MENA
Live Story

Kuwait announces deficit for first time in 16 years

The New Arab & agencies
09 August, 2016
Petrol Kuwait AFP
prices
Narrated

#Trending: Kuwaitis ridicule the hike in fuel prices

The New Arab Staff

The New Arab

04 August, 2016
Petrol station AFP
prices
MENA
Live Story

Kuwait nearly doubles price of more environmentally-friendly, low-emission petrol

The New Arab
02 August, 2016
Muscat Oman
unemployment
Narrated

Oman to target expatriates' visa fees to cut deficit

The New Arab Staff

The New Arab

23 April, 2016
Kuwait parliament AFP
water
MENA
Live Story

Kuwait to raise electricity and water prices for expats

The New Arab
14 April, 2016
Lagarde France
oil
MENA
Live Story

Middle East oil producers lost $340 billion last year

The New Arab
22 February, 2016
Saudi watermelon
spending
Society
Live Story

40% hike on petrol as Saudi Arabia adjusts subsidies

The New Arab Staff

The New Arab

28 December, 2015
oil_guns_englishwebsite_iraq
Reparations
MENA
Live Story

Iraq seeks Kuwait reparations delay as budget crisis looms

Zak Brophy
13 December, 2014