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UAE government approves higher federal spending for 2015

The United Arab Emirates approved a draft federal budget of 49.1 billion dirhams ($13.4 billion) for 2015, almost half of which will go towards social development and welfare, Prime Minister Sheikh Mohammed bin Rashid al-Maktoum said. The projected federal spending of one of the world's top crude oil exporters is…

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Click here to read the full story: Al Arabiya

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