Search Site

Trends banner

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Sharjah Consultative Council okays emirate’s draft budget 2024

The meeting to discuss the draft was held Thursday at SCC headquarters in Sharjah as part of its first regular session. (WAM)
  • The draft was presented to the council by Sheikh Mohammed bin Saud Al Qasimi, Head of the Sharjah Finance Department for a final review and approval
  • After a final review, the council approved the draft law regarding the 2024 general budget for the Sharjah Government departments

Sharjah, UAE – The Sharjah Consultative Council approved the draft law regarding the budget of departments and entities of the Sharjah government for the fiscal year 2024 during its second meeting, local media reports said.

The meeting was held Thursday at its headquarters in Sharjah as part of its first regular session, and was chaired by Dr. Abdullah Belhaif Al Nuaimi, Chairman of the SCC.

The Council’s work began with the ratification of the first session minutes, after which it discussed the report prepared by its Financial, Economic and Industrial Affairs Committee.

The draft was presented to the council by Sheikh Mohammed bin Saud Al Qasimi, Head of the Sharjah Finance Department for a final review and approval.

It was then submitted to Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.

Finally, the council approved the draft law regarding the 2024 general budget for the Sharjah Government departments.