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Global public cloud end-user spending to ‘total $723bn in 2025’Worldwide end-user spending on public cloud services is expected to total $723.4 billion in 2025, up from $595.7 billion in 2024, according to the latest forecast from Gartner, a leading management consultancy. More… |
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Dubai allocates 46% of 2025 budget for infrastructureDubai government has allocated 46 per cent of the total spending proposed in its 2025 budget for the infrastructure sector and its related construction projects. Dubai government on Tuesday approved thr More… |
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Dubai approves largest ever surplus three-year budgetDubai government's three-year budget cycle (for 2025-2027) has been approved with a total expenditure of AED272 billion ($74.05 billion) and a total revenue of AED302 billion ($82.22 billion). Th More… |
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India boosts spending on jobs, rural area in first post-poll budgetIndian 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 More… |
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Visitor spending in Saudi Arabia surges to over $12bn in Q1The 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 More… |
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Global spending on clean energy to hit $2 trillion in 2024: IEAGlobal 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 ( More… |
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Global spending on clean energy to hit $2 trillion in 2024: IEAGlobal 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 ( More… |
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UAE sees over 25% growth in international card spending in 2023Total 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 More… |
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UAE sees over 25% growth in international card spending in 2023Total 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 More… |
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KSA defies EMEA ‘consumer spending reduction trend’ in 2024While 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 More… |
