Athletes at the start of the Al Maktoum Cup Traditional Rowing Race in Dubai, United Arab Emirates, on December 26. The emirate will cut its 2021 budget due to an economic slump. – EPA pic, December 27, 2020. DUBAI said today it expects to cut its budget to US$15.5 billion (RM63 billion) in 2021 after its economy was impacted by a plunge in tourism and other sectors amid the novel coronavirus pandemic.The emirate, one of seven that make up the United Arab Emirates, had posted a record US$18.1 billion budget for 2020.
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