United Development Company (UDC), the master developer of The Pearl-Qatar and Gewan Islands, has reported net profit of QR343mn over revenues of QR1.3bn in the first nine months of this year.

GED involves various campaigns worldwide which highlight the value of the exhibition and event industry on a global level.

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.

India's growth slowed to 7.1% last year, according to official data released on Wednesday, weaker than analysts expected but still the fastest rate of growth of any major economy.

Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5% value-added tax at the start of next year, despite administrative and technical obstacles, a senior United Arab Emirates finance official said.

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.

Abu Dhabi is introducing taxes on airline passengers and hotel guests as it seeks to compensate for a hit to government revenues from low oil prices.

Global airlines should make more money than previously expected this year, the International Air Transport Association said, helped by low oil prices and work by airlines to fill planes and drive ancillary revenues.

The Qatari government's increase of petrol prices is a “positive” move, given the need for fiscal consolidation as revenues have “fallen sharply” alongside hydrocarbon prices ...

Oman will cut spending this year by 15.6% in the face of lower oil prices but still faces a huge deficit after posting one in 2015.