For full coverage of Middle East business events, see MEED Subsidy reform and further economic diversification away from oil and gas are the most critical elements in overcoming the current squeeze on government revenues resulting from a sustained period of…
Tag: subsidy
MEED conference told IMF Kuwait Article IV report to call for new policies to increase efficiency and productivity
The MEED Kuwait Projects Conference was told this morning that the IMF’s Article IV report, due to be released early next month, will call on Kuwait’s policymakers to take steps to counter the effect of lower oil prices by boosting…
Abu Dhabi water and electricity price rises change face of the local economy
Higher electricity prices for everyone, charges for water consumption by Abu Dhabi nationals and a stinging increase in power use by industry during peak hours in summer are among the features of the most sweeping change in modern history in…