UAE’s cabinet approved a zero deficit draft federal budget of AED48.5 billion for 2016, down 0.6 per cent or AED500 million from last year’s AED49.1 billion figure. Standard Chartered Chief Economist Carla Slim spoke to TRENDS and said this was a reflection of the UAE’s decision to rationalise spending as revenues falter, and a signal…

Dubai has issued an Open Data Law, allowing the sharing of non-confidential data between government entities and other stakeholders such as researchers and service developers. This will complete the legislative framework of turning Dubai into a Smart City and will help collaborative activities between researchers, innovators, investors, entrepreneurs and the government, a statement on WAM…