Assuming a conservative $40 a barrel oil price, Qatar on Thursday presented a QR34.6bn deficit budget for 2021 but hinted at tapping the domestic and global debt markets to cover the expected shortfall.

The Cabinet has given its approval to the draft State budget for the 2021 fiscal year, Qatar News Agency (QNA) reports.

Kuwait on Monday announced a state budget for the year ending on March 31, 2019, that projects spending at 20bn dinars ($66.7bn) and revenues at 15bn dinars.

HE the Finance Minister Ali Sherif al-Emadi said the economy had escaped serious damage. But he added that Qatar was determined never again to leave itself as vulnerable as it was in the initial weeks of the boycott,

A 2017 state budget plan released by Oman's government on Sunday projected a smaller deficit but maintained tight curbs on spending because of low oil prices, which are hurting state revenues.

Australia’s Nick Kyrgios punched his ticket to the Atlanta Open final Saturday by ending the remarkable run of young upstart Yoshihito Nishioka 6-3, 3-6, 6-3.

The QSE Index closed up another week, marginally, by 0.27% at 10,681.08 vs the week before.

In a large hall bustling with the festive energy of live music and flavoursome food and drinks enjoyed on a long line of tables draped in blue and white checkers...