Monday 21 December 2009

Mansouri Says Further Federal Support for Dubai to Be ‘Studied’

United Arab Emirates Minister of Economy Sultan bin Saeed al-Mansouri said further federal government support for Dubai should be “studied” properly.

“Each issue has to be studied in a proper manner, evaluated and based on that an answer will be provided at the federal level or the local level,” al-Mansouri told reporters in Abu Dhabi today. “The way we see it, this is one economy it’s not separated from each other.”

Dubai World’s debt problems will not affect the growth forecast for the U.A.E. economy next year, he said.

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