Comments on: Don’t wave Dubai bye yet Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: michaelmoore Sat, 26 Dec 2009 16:34:17 +0000 I think the previous people posting comments are correct. Dubai is not going anywhere. It is merely experiencing development and growing pains. It is probably better in the long run that his has happened now and not later. Dubai will only come out stronger in the long run. Remember that the Arabs have always been very clever traders. Dubai is a bastion of free trade.

By: SWARN Sat, 26 Dec 2009 16:16:50 +0000 For all investment bankers, Dubai provides international facility to manage investments with no capitl gains tax, no dividends tax, infact no income tax or property tax or Vat. Which place on earth does provide this facility on top of free convertibility. It is enormously disadvantegeous to run an office in USA/UK and face headwinds of taxes( of all types that can perhaps be imagined),racial discriminations,baseless allegations of insider trading, high brokerage commissions etc. So no bye bye to Dubai. There are always mis-match of fund flows. Did people say good-bye to USA/UK when 130 banks went in to liquidations, including names like Leyman Bros/AIG etc.etc. involving embezzlements of almost a TRILLION US $. Here we talk of postponement of some 4Billion only, and such a hue and cry by the media. Have a HEART. Please allow a nation to grow. Mr.akhtoom’s dream DUBAI shall survive. I ,as an Investment Banker of 45 years behind me, am confident about this and happy to go on record.

By: mdspatsy Sat, 26 Dec 2009 05:15:14 +0000 Dear Writer,
Your article on this subjects is somewhat soul searching to Arab and some foreign investors.
As per my knowledge goes to this subjects, i have not seen much hue and cry from any Dubai returned people for vacation trips to India.
Many ,my well known persons and relatives are still in these oil rich countries.
For any news media,Dubai!s latest financial mess has become hot news to future investors in Arabian nations.
My comment on Bye,Bye to Dubai is short lived,and neighboring Arab nations will rescue Duabi!s sudden debt problems at the earliest has become true.
These are all common ups and downs in world economy scenario.

By: TimiriV Fri, 25 Dec 2009 09:07:00 +0000 Hi Una G,It is so nice to read your view.I have been in many locations of Dubai and lived there last 6years.It is a world class city with all modern facilities at a affordable price for a normal working class man,even the government jobs pay the highest standard of living in UAE anywhere.The property assets are so huge National Investment than any city in this Asia,Pacific, Africa region in teh alst 10 years development.Next decade won’t even have this rise anywhere except UAE.It has been achieved by wise vision and personal interest and care given by it’s Ruler Sheikh Mohammed bin Rashid Al Maktoum and His all family members.The airlines all over the world is having less profit time,so by acquiring any airlines won’t help any way.AbuDhabi develops Masdar city the milestone in world class developments and Mubadala investments surpasses any world class developments in this region.In such a situation Dubai gains more and more than what ever the media mugals are dressing up or smart comments.The Metro of Dubai new developments of world class Meydan race course are the next to the Dubai Jumeriah Palm and Burj Dubai.The tallest tower in the world is situated in Dubai and DIFC and no way any business men will blink to invest in Dubai,UAE.It is the jackpot for Dubai and will win the world class achievements prior to our calculations.any how I will wait and watch as you said for the blessings of God upon Dubai.Thank you,Tim