• Oman to slash subsidies as low oil prices squeeze budget

    Oman to slash subsidies as low oil prices squeeze budget
    MUSCAT, Jan 2 (Reuters) - Oman's government plans to cut subsidy spending by almost two thirds this year to help tackle a budget deficit caused by low oil prices, the finance ministry said on...
  • Dubai blaze raises questions over Gulf skyscraper design

    Dubai blaze raises questions over Gulf skyscraper design
    By Andrew Torchia DUBAI (Reuters) - A blaze that engulfed a Dubai skyscraper on New Year's Eve - the emirate's third high-rise fire in three years - has raised fresh questions about the safety of materials used on the exteriors of tall buildings across the wealthy region. Hundreds of gleaming towers rose up in Gulf Arab states, especially the United Arab Emirates and Qatar, during the past decade's economic boom. After Dubai's latest blaze, which security officials said spread up the outside of

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