Friday 20 September 2024
 
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Spending

India boosts spending on jobs, rural area in first post-poll budget

Indian PM Narendra Modi's first post-election budget struck a balance between greater spending on jobs and rural development while narrowing the fiscal deficit in its 2024-25 budget unveiled on Tuesday, after last month's election setb

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Visitor spending in Saudi Arabia surges to over $12bn in Q1

The Kingdom of Saudi Arabia has registered solid growth in the inbound visitor spending volumes for Q1 which rose to more than SAR45 billion  ($12 billion), up 23% when compared to the first quarter of 2023, according to preliminary data

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Global spending on clean energy to hit $2 trillion in 2024: IEA

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to International Energy Agency (

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Global spending on clean energy to hit $2 trillion in 2024: IEA

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to International Energy Agency (

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UAE sees over 25% growth in international card spending in 2023

Total spending using international cards in the UAE witnessed a growth of over 25% during the year 2023, a report said. J K Khalil, General Manager, MENA East, Mastercard, told Emirates News Agency (WAM) that digital p

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UAE sees over 25% growth in international card spending in 2023

Total spending using international cards in the UAE witnessed a growth of over 25% during the year 2023, a report said. J K Khalil, General Manager, MENA East, Mastercard, told Emirates News Agency (WAM) that digital p

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KSA defies EMEA ‘consumer spending reduction trend’ in 2024

While economic uncertainties persist globally, consumer spending in the Kingdom of Saudi Arabia (KSA) is expected to remain steady in 2024. This is in contrast to broader EMEA trend forecast where 37% of consumers plan to spend less in 2024 co

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KSA defies EMEA ‘consumer spending reduction trend’ in 2024

While economic uncertainties persist globally, consumer spending in the Kingdom of Saudi Arabia (KSA) is expected to remain steady in 2024. This is in contrast to broader EMEA trend forecast where 37% of consumers plan to spend less in 2024 co

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Mena security, risk management spend ‘to grow 12pc in 2024’

End-user spending on security and risk management (SRM) in the Middle East and North Africa (Mena) region is forecast to total $3.3 billion in 2024, an increase of 12.1% from 2023, according to a new forecast from Gartner.  

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UAE In-Country Value scheme spending hits $18bn

UAE’s National In-Country Value (ICV) Programme, which heralds a new phase of the country's industrial development, has seen a significant spending increase on local products and services with expenditure reaching AED67 billion ($18.

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