UAE cuts 2021 federal spending by 5.3% on low oil prices, COVID-19

The UAE, OPEC’s third largest producer, lowered its federal spending for 2021 by 5.3% after…The UAE, OPEC’s third largest producer, lowered its federal spending for 2021 by 5.3% after…Read MoreThe UAE, OPEC’s third largest producer, lowered its federal spending for 2021 by 5.3% after…