Thursday 12 March 2009

Dubai to retain financial hub status

Dubai will overcome its current problems and retain its position as the Middle East's financial hub when the global economic crisis ends, delegates at a discussion session said yesterday.

Fifty-four per cent of those quizzed backed the view that the emirate will remain the region's financial capital, while just 11 per cent said it would have difficulty hanging on to that status.

The figures emerged at an event called 'A Local Perspective on the Global Economic Recession' held yesterday by Dubai Knowledge Village.

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