revenues

Oman’s public revenue saw an annual decline of 2 percent in the second quarter of 2024, reaching $16.10 billion, according to the country’s news agency. This reduction, primarily driven by decreases in net gas revenue and current…
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Jordan’s agricultural exports saw an annual growth of 25.3 percent from January to the end of May, driven by government-implemented irrigation techniques and modern farming practices. This growth has propelled national agricultural…
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European travelers to Oman helped fuel a 10.2 percent rise in hotel revenue in the first five months of 2024, official data has revealed. Figures from the National Centre for Statistics and Information show that three to five-star…
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Egypt’s tourism revenues surged 4.7 percent year on year during the first half of 2024 to reach $6.6 billion, according to a new report. Issued by the African country’s Ministry of Tourism, the data indicates a 17.8 percent rise compared…
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Saudi Arabia’s sovereign wealth fund has reported strong financial results for 2023, achieving revenues of SR331 billion ($88.3 billion) from its diverse investment portfolio, marking over 100% percent growth from 2022. Demonstrating…
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The United States warned Thursday that Israel will see a "massive" negative impact if the Palestinian Authority collapses as Washington again pressed its ally to let revenue flow. "We have made clear to the government of Israel in some…
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Saudi Arabia recorded a budget deficit of SR12.4 billion ($3.3 billion) in the first quarter of 2024, comprising 16 percent of the annual deficit forecast set by the Ministry of Finance at the end of the previous year. This suggests that…
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The net profit of insurance companies in Saudi Arabia surged by 1,221.3 percent year-on-year in 2023 to $861 million, driven by favorable economic conditions. According to the report released by research firm Insurance Monitor, in…
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UAE bank branches are witnessing the highest revenues in the region, amounting to $18.6 million per branch, according to a top executive at Roland Berger. This was driven by the nation’s digital transformation which enabled banks in the…
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Saudi Arabia has secured $13 billion in private sector investments for its tourism industry, aiming to distribute the costs involved in becoming a top destination, a minister said. According to Princess Haifa Al-Saud, the Kingdom’s vice…
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