Dubai Real Estate To Remain StrongFriday, October 17, 2008
Dubai: The property sector in Dubai will not suffer as it is in the US or Europe due to the speed of the country's leadership, an official has said. Other countries waited a long time before doing anything, but in Dubai, they [government] has already taken preventative steps," Salem Al Shafiei, managing director of Dubai Real Estate Institute, said. "It is a credit to the leadership that there hasn't been a significant impact on the UAE economy and Dubai in particular, Al Shafiei said. Al Shafiei was speaking to Gulf News on the sidelines of the Realty and Realtors (R&R) Property Show, which began yesterday. Source: Gulf News
| 
