VOL. XLVI

No 9

3-March-2003

UAE

New Dubai Executive Council Will Approve Oil Agreements

The Vice President and Prime Minister of the UAE and Ruler of Dubai, Shaikh Maktum bin Rashid Al Maktum, on 25 February issued a decree setting up the Dubai Executive Council, one function of which will be to approve agreements signed in the oil and gas sector. The 14-article decree stipulates that the council will consist of a chairman, a deputy chairman, senior representatives of local departments, and...