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UAE subsidies top $10bn in 9 months of 2017The value of subsidy and social privileges and benefits provided by the Federal Government during the first nine months of 2017 amounted to Dh38.4 billion ($10.45 billion) against Dh34 billion during the corresponding period in 2016, according t More… |
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Subsidy reforms ‘key to beat govt cash crunch’Subsidy reform and further diversification are the most critical elements in overcoming the current squeeze on government revenues resulting from a sustained period of lower oil prices, according to experts. Energy and financial s More… |
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Emirates snubs Delta remark on US route oversupplyEmirates Airline said on Tuesday that state-owned Gulf Arab airlines were not to blame for overcapacity on services between the US and Dubai, rejecting criticism by US carrier Delta Air Lines. Delta said Sunday it had reduced flig More… |
