ABU DHABI / WAM The UAE-EU Dialogue on Human Rights held its 13th meeting at …
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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