Iranian Investors Returning From Dubai

One-third of Iranian investors in Dubai have returned to Iran due to the economic crisis and the housing recession in the United Arab Emirates, Germany's official news agency reported.

According to a report by Deutsche Presse Agentur (DPA), Iranian investors have a wide presence in the UAE accounting for 10 percent of the Arab country's population. Based on recent statistics nearly 400,000 Iranians live in the UAE running 10,000 small business firms.

The global financial crisis has overshadowed Iranian investors' activity in Dubai, the report added.