Middle East Economic Survey

VOL. LII

No 36

7-Sep-2009

UAE

Dubai Establishes Supreme Energy Council And Oil Department

The ruler of Dubai, Shaikh Muhammad bin Rashid Al Maktum, UAE Vice President and Prime Minister, on 31 August issued two laws establishing in the emirate the Supreme Energy Council and the Department of Oil Affairs. Law 19 of 2009, which sets up the council, stipulates that the latter will be an independent legal entity, whose task will be to oversee all matters relating to the...