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Energy

UAE posts budget surplus of $2.65 bln in Q2 - state news agency

DUBAI, Sept 7 (Reuters) - The United Arab Emirates federal government posted a second-quarter budget surplus of around 9.75 billion dirhams ($2.65 billion), state news agency WAM said on Monday, up from a surplus of 1.8 billion dirhams in the first quarter.

Revenues in the second quarter were at 34.744 billion dirhams and expenditures were at 24.997 billion dirhams, WAM said, citing a finance ministry report. ($1 = 3.6728 UAE dirham) (Reporting by Dahlia Nehme; Writing by Yousef Saba; Editing by Jon Boyle)

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