Second-Biggest Arab Economy Accelerates Steps to Boost Growth - Bloomberg:
"Dubai said it will waive some fees on aviation and real estate transactions, in the latest step by authorities in the United Arab Emirates to bolster economic growth and attract investments. The Executive Council also approved plans to cut charges levied on businesses, and freeze private school fees for a year, state-run WAM news agency reported on Wednesday. The move comes one day after neighboring Abu Dhabi announced plans to spend 50 billion dirham ($13.6 billion) over three years to stimulate growth. Abu Dhabi and Dubai are the largest of the seven emirates that make up the U.A.E., the second-biggest Arab economy after Saudi Arabia."
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