The new law that will help Dubai to keep on building | The National:
"Low oil prices may have been the catalyst for the promulgation of the public-private partnership (PPP) law in Dubai but the legislation’s implementation is likely to hit snags even as the emirate seeks private sector partners and their ethos for some big ticket projects.
Through the law, Dubai will be able to invite private companies and investors to finance and operate assets that otherwise would have been funded by government budgets.
With oil prices dipping below US$40 a barrel this month, the time to rely on private sector money may be more urgent that ever before not only for the UAE but for all Arabian Gulf countries."
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