Mohammad Jamal, a veteran investor in Dubai's stock market, switched to trading commodities several years ago as the global financial crisis struck. But in recent months he has started putting money into stocks again.
The 40-year-old Egyptian, who runs a commodities trading operation in Dubai, thinks the market has bottomed out after a five-year slump and that real estate and banking stocks look particularly attractive.
"The downturn is almost over and the only way to go is up," he says. "Things are not back to how they were in 2005, but they're better than 2008."
MIDEAST WEEKAHEAD-Dubai stock market booms again - cautiously | Reuters
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