Financial and Banking News
BUDGETS AND REVENUES
UAE Says Gulf War Contributions Totaled $9.5bn
The UAE contributed Dh35bn ($9.5bn) to the costs of the liberation of Kuwait,according to a report issued by the country's Central Bank. This figure coverspayments to the allied forces and economic assistance to countries negativelyaffected by the crisis. The report said that Dh14.2bn was paid in 1990 andDh20.8bn in 1991. The 1991 figure represented 34.3% of total...