The Red beat Italian side Atalanta in the second leg quarter-final but lost 3-1 on aggregate as Leverkusen advance to semis despite 1-1 draw with West Ham
The UAE government’s net operating surplus more than doubled in the first quarter to Dh36.4 billion ($9.9 billion) as surging oil prices boosted public revenue, finance ministry data showed on Monday.
High oil prices and increased production have been a boon for the UAE’s economy this year, along with a continued recovery from the pandemic’s impact.
Government spending in the UAE rose to Dh87.4 billion from Dh73.1 billion in the first quarter of 2021, a nearly 20 per cent rise.
Revenue jumped 39 per cent from a year earlier to Dh123.8 billion in the first quarter, the data showed.
The UAE’s net operating surplus was up 128.7 per cent from Dh15.9 billion in the first quarter of last year.
The UAE in October approved a Dh58.9 billion federal budget and in June proposed Dh1.23 billion in additional spending. The federal budget is just a fraction of state spending as individual emirates, such as Abu Dhabi and Dubai, also have their own budgets.
Spending on compensation of government employees in the first quarter rose 16.6 per cent year on year to Dh28.7 billion. Social benefits expenditure was up 7.4 per cent to Dh14.1 billion. — Reuters
The Red beat Italian side Atalanta in the second leg quarter-final but lost 3-1 on aggregate as Leverkusen advance to semis despite 1-1 draw with West Ham
US equity futures and Asian shares declined while safe haven demand lifted US Treasuries
Passengers reaching their final destination without their baggage should contact the airport airline representative or contact their airline call centre, DXB said
Spot gold was trading at $2,384.14 per ounce at 9.25 am UAE time, up 0.17 per cent
Passengers already in Dubai and in transit will continue to be processed for their flights, the airlines said
The airline also suspended flights to Iran amid reports of an Israeli strike
Expect fair to partly cloudy conditions today with chances of fog and mist formation in some areas
Iran fired air defense batteries after reports of explosions near a major airbase at the city of Isfahan