Revenues of Kuwait up by 53 per cent
Revenues of Kuwait went up by 53 per cent to $34.5 billion in the first nine months of the current fiscal year, boosted by high oil prices in the global markets, an economic report has indicated.
Al Shall Economic Consultants, quoting finance ministry figures, reported revenues were 120 per cent more than the budget forecast of $15.7 billion for the whole year. Oil income amounted to $32.7 billion, the report has shown.
- Etihad Airways Q3 revenues up 19 per cent to record us$ 1.3 billion on passenger growth of 23 per cent
- Etihad Airways adds 500,000 passengers as revenues surge 28 per cent in Q1
- MENA's economic prospects for 2014 are good? At least CEOs think so
- The unlikely survivors: Will Qatar and Kuwait be the only Gulf countries to survive an oil price slide?