Dubai goes well …
Published on go wealthy.com, 22-Mar-2009.
According to property experts, Dubai is in a good position to move forward through the global financial crisis due largely to its construction and real estate industries as there are a number of fundamentals in place that would pull the emirate through the worst of the ensuing credit crunch. These included visionary government-led real estate and infrastructure projects such as the Dubai Metro and Burj Dubai. According to Khalid Howlader, Senior Credit Officer, Moody’s, these are seen as vital to the future of the emirate … (full text).
The Global Financial Crisis of 2008–2009: