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Wednesday, 14 April 2010

Dubai debt crisis upshot: Exports boom

The cost of doing business in Dubai has come down considerably in the aftermath of last year’s debt crisis, according to a senior government official from the emirate.

This is prompting an increasing number of international companies to flock to Dubai, according to Farid Karmostaji, from the Dubai Export Development Corporation.

These are the companies from across the world that always wanted a presence in Dubai to do business in the Middle East and North Africa (MENA) region but could not enter the emirate due to constraints like high costs.