Middle East Economic Survey
VOL. LIV
No 10
7-Mar-2011
UAE
UAE Orders $1.6Bn Outlay On Utilities
The UAE has ordered the spending of $1.6bn on better water and electricity networks for poorer parts of the country including strategically important Ras al-Khaimah, which faces Iran near the Strait of Hormuz. The UAE is a federation of emirates, whose federal stability has not been put to the test. It is led by oil-rich Abu Dhabi. There was resentment of Dubai among other emirates for its...
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