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Dubai to cut spending until 2013 says officialDubai, bracing for heavy debt redemptions, plans to cut state spending by 20 to 25 percent until 2013 to narrow its funding gap, a member of the emirate's Supreme Fiscal Committee was quoted as telling a newspaper. The move, intended to sa More… |
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Dubai mulls secondary IPO market for SMEsDubai may consider launching a secondary initial public offering (IPO) market and a bourse dedicated to trading of shares of small and medium-sized enterprises, a top government official said on Monday. 'The Dubai SME 100 will serve as More… |
