The DFSF, set up to disperse proceeds from the program to state-linked firms in need of help, is accountable to a five-man Supreme Fiscal Committee
which has overall responsibility for overseeing Dubai's fiscal policies.
Making his last report to the Board of Governors in May before being sworn in as president June 27 at the Annual Meeting, McGrane said the fiscal committee
is needed because the Bar has been assuming more costs for sections.
Dubai remains firmly committed to the development of the Al Maktoum International Airport and to the growth of the global aviation sector, and this initial USD 3bn transaction to support Dubais ambitious 2025 passenger capacity targets is testament to our belief, said Chairman of Dubais Supreme Fiscal Committee
HH Sheikh Ahmed bin Saeed Al Maktoum.
His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), today welcomed Christine Lagarde, Managing Director of the International Monetary Fund (IMF), His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Fiscal Committee
, and His Excellency Obaid Humaid Al Tayer, Minister of State for Financial Affairs to the DIFC.
Dubai: The UAE is well prepared to deal with falling oil prices due to its diversified sources of income, and not relying on oil alone, said Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates airline and Group and Chairman of Dubai Supreme Fiscal Committee
It is there and you will hear about it soon," Sheikh Ahmed bin Saeed al-Maktoum, chairman of Dubai's Supreme Fiscal Committee
told reporters when asked whether Dubai World has reached a deal with creditors.
Summary: Shaikh Ahmed bin Saeed Al Maktoum, chairman of Dubai's Supreme Fiscal Committee
, has signed a memorandum of understanding (MoU) with Sam Pai, Chairman, China Sonangol Group.
The emirate is committed to repaying its debts, and will do "whatever we have to do," Sheikh Ahmed bin Saeed Al Maktoum, head of the emirate's Supreme Fiscal Committee
, said in an interview May 8.
Concord: The Legislative Fiscal Committee
has approved spending a portion of a federal mortgage settlement but balked at hiring new staff to run an anti-fraud unit in Attorney General Michael Delaney's office.
First things first, The National reports of the staunchly strong and positive stand from a spokesman from Dubai Group who claims restructuring is still a possibility despite a report suggesting the Dubai's Supreme Fiscal Committee
had walked away from the deal.