DUBAI/ WAM The Dubai Department of Economy and Tourism (DET) will showcase the city’s dynamic ...
Read More »Spending cuts a must in Gulf despite oil recovery: IMF
Dubai / AFP A modest recovery in oil prices falls short of filling budgetary gaps in crude-exporting Gulf countries, the International Monetary Fund said, stressing the need to cut spending. The price of the region’s main commodity has partially rebounded and is hovering around $50 per barrel having hit a 10-year low of less than $30 in January, from ...
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