VOL. XXXVIIINO. 1112-DECEMBER-1994

Financial and Banking News

Economic Perspectives

Dubai Relies on Private Sector Resilience

Financial policy in Dubai is based on the state providing a low-costenvironment which attracts private sector businesses. These businesses are theengine of prosperity and growth. Mr. Muhammad al-Abbar, the Director General ofDubai's Economic Department, points out that the emirate's current prosperityhas been achieved despite the closure of Iraq and difficult conditions in...