Overall consolidated expenditure in the country to contract in 2016.
Overall consolidated expenditure in the country to contract in 2016.
"The launch of the Smart Power Plant is part of our efforts to speed up the transformation of Dubai into a smart city."
Saudi oil minister Ali Al Naimi said freezing output was more realistic than cutting because "not many countries are going to deliver, even if they say they will cut production."
As Opec and many non-Opec oil producers battle for market share by continuing to produce at capacity, Iranian crude will likely replace a 500,000 bpd decline in US production in 2016 in global oil markets.
Al Tayer explained that supplying the lights will help increase the uptake of renewable energy, thus encouraging sustainability.
Energy subsidy reforms are not enough to plug the budget deficits, says Moody's
An Iranian official earlier said Iran would continue increasing its crude output until it reached levels seen before the imposition of international sanctions.
Analysts said they saw little chance of a common policy from OPEC producers.
Now, 25lb cylinder costs Dh42 while 50lb cylinder costs Dh83 compared to its previous prices Dh44 and Dh88 respectively.
Exports surge 25% despite slowdown or recession indicators in other countries