Credit Suisse, not known for its forgiving observations, estimates that Abu Dhabi headquartered Sorouh has a cash reserve of approximately 2 billion Dirhams ($US 545 million), which at its present rate of expenditure is unlikely to last to beyond the end of 2010.
What does ROE stand for?
ROE stands for Rate of Expenditure
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Military and Government
- Organizations, NGOs, schools, universities, etc.
- Business, finance, etc.
See other definitions of ROE
We have 50 other meanings of ROE in our Acronym Attic
- Records Of Decision System
- Recreation and Off-Duty Safety (US Marine Corps)
- Regina Open Door Society (Canada)
- Right Outside Draw in Standing (horse racing)
- Ring of Djinni Summoning (gaming; Baldur’s Gate II)
- Rapid Oxygen Demand and Toxicity Tester
- relative optical density unit
- Races of Eberron (roleplaying games, Dungeons & Dragons)
- Rapid Oxidation Event
- Rate of Exchange
Samples in periodicals archive:
Our commitment will still mean a significantly reduced rate of expenditure.
Statistical studies estimate that the number of visitors who come to the city are more than two and a half million during the year to visit the Prophet's Mosque, and the rate of expenditure per visitor is over 1,500 Saudi riyals leading to a source of income exceeding 3 billion riyals a year at an average.
We have started to make good progress over the last few months with directorates reducing the rate of expenditure and we recognise the contributions staff have made in this.
The nation also has the second slowest rate of expenditure growth in the UK.
Then there is the medium-term-targets type of tourists from 2007 until 2010 with focus on those segments of the population who have higher rate of expenditure and with the concentration on providing better tourism products.
``We feel there will be no answ er to this problem at the current rate of expenditure and the current rate of progress on bypasses and toll roads.