Qatar announced a budget deficit of 757 million riyals for the second quarter of 2025 due to a rise in public spending and slight revenue dip. Despite efforts to diversify from hydrocarbons, the ...
Bahrain Finance Minister: ‘Rising tide will lift all economies … – AOL
Like many other Middle Eastern economies, Bahrain has been trying to move away from its dependence on fossil fuels. In 2000, oil and gas made up 44% of its GDP; now that figure is 16%. “Economic ...
Qatar posts $208 million second-quarter budget deficit as spending rises
Qatar posted a budget deficit of 757 million riyals ($208 million) in the second quarter of 2025, as public spending rose 5.7% from the year-earlier period, the finance ministry said on Thursday.
Qatar: A Rising Star in MENA’s Fintech Boom
Many digital-first challenger banks remain tied to the legacy infrastructure they sought to escape. Mahesh Paolini-Subramanya, CTO ofBKN301, highlights this ...
Qatar Faces Financial Challenges Amid Rising Public Spending
Qatar announced a budget deficit of 757 million riyals for the second quarter of 2025 due to a rise in public spending and slight revenue dip. Despite efforts to diversify from hydrocarbons, the ...
Qatar records QR0.8bn budget deficit in Q2
The State of Qatar’s general budget recorded a deficit of QR0.8bn during Q2 2025 (April, May, and June), the Ministry of Finance (MoF) announced on Thursday.In a ...
Armenia walking ‘tightrope’ as it shifts away from Russia, think-tank says
By Clare Nuttall in Glasgow Armenia is stepping up efforts to reduce its reliance on Russia, deepening ties with Europe and the United States after Moscow failed to protect it in recent conflicts with ...
Armenia walking ‘tightrope’ as it shifts away from Russia, think-tank says
By Clare Nuttall in Glasgow Armenia is stepping up efforts to reduce its reliance on Russia, deepening ties with Europe and the United States after Moscow failed to protect it in recent conflicts with ...
Armenia and EIB sign financial agreement for Sustainable Syunik Program worth €50 million
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB ...
Wendy’s agrees to open 190 restaurants in Italy and Armenia
The first Wendy's in Italy will open in Milan in mid-2026, and the first location in Armenia is planned for Yerevan's city centre.