Wednesday, 23 June 2010

Dubai's Sheikh Mohammed: It's not a recession, it's a challenge - CNN.com


The worst is over and Dubai is looking for new opportunities for growth, according to Dubai's ruler, Sheikh Mohammed.

In an exclusive interview with CNN, Sheikh Mohammed Bin Rashid Al Maktoum said that he views the global recession as a challenge and that companies there are restructuring in response.

"I don't call it a recession, I call it challenge," said Sheikh Mohammed, who is also prime minister of the United Arab Emirates. "The companies are restructuring because it's a new world. You have to stop and restructure."

1 comment:

  1. just go to the days backahead and read deeply about shiekh zayed and his policies .......the only way to restructure dubai is to make the investors as partners....who will come wen u make wrong promises by removing 99 years visaor 100 years awtever.......but dubai make kings ...thats sure....oneday

    Ayub Ahmed

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