• HSBC

Inflation is UAE's top enemy

  • United Arab Emirates: Sunday, January 27 - 2008 at 06:52

Abdul Aziz Abdullah Al Ghurair, speaker of the UAE Federal National Council, said inflation is the UAE' biggest enemy and the country must control rising prices with steps such as curbing lending to overheated sectors, reported Reuters. Al Ghurair also said revaluing the dirham exchange rate stirs speculation the government will change policies every time the dollar falls.

Article Options

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions