The government of Dubai has started to cut spending in an effort to convert its budget to a surplus by 2011, the emirate's finance chief told Al-Bayan daily in an interview. Under the new plans Abdulrahman al-Saleh, the head of Dubai's Department of Finance, said he planned to trim the government's operating expenses by 15% this year to reduce the budget gap.
You might also like...
Ruwais LNG full EPC award expected in June
29 March 2024
PIF entity makes $1bn Lucid placement
29 March 2024
Petro Rabigh awards KBR maintenance contract
29 March 2024
Diriyah Company seeks firms for demolition work
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.