ID :
62722
Wed, 05/27/2009 - 13:22
Auther :
Shortlink :
https://oananews.org//node/62722
The shortlink copeid
Dubai will be stronger than before, DIFC governor says
The economy has turned a corner and Dubai will emerge from this period stronger than before, Dr Omar Bin Sulaiman, governor of the Dubai International Financial Centre (DIFC), said in a meeting on Tuesday according to a report in "Gulf News."
"We believe that we have in place the financial and economic infrastructure to enable Dubai to rebound more quickly than other economies.
"But Dubai will do much more than weather the storm; it will come out stronger," Bin Sulaiman told the Capital Club, Dubai's premier private business club. Bin Sulaiman outlined the fiscal and policy actions taken by the UAE and Dubai governments to move from stabilisation to recovery.
"We have already taken many fiscal, monetary and policy steps to stabilise the economy, but as we move forward into recovery mode we are at the point when the government's active and broad-based engagement with the private sector will be most beneficial. Now is the time for a wider engagement with you, the leaders of the business community," Bin Sulaiman said.
Andrew Christon, general manager of the Capital Club, said: "Dr Omar set the agenda for the Capital Club's speakers' programme, starting with his first talk in 2007. "His insight and expertise ensure our members in the private industry are aware of the government's strategy and how they can support it."
The Business Lunch Forum with Bin Sulaiman was the latest fixture of the Capital Club's speakers' programme, which has hosted Shaikha Lubna Al Qasimi, Minister of Foreign Trade and member of the Capital Club's board of governors; José María Figueres, former Costa Rican President and CEO of Concordia 21 in Spain; Formula One driver Giancarlo Fisichella, and Miha Pogacnik, one of the world's leading violinists.
The Capital Club opened on April 9, 2008, in the DIFC's Gate Village. Since its launch in late 2006, the Capital Club has attracted over 1,250 members, including some of the region's most senior decision-makers, and leaders in business, finance and government.
"We believe that we have in place the financial and economic infrastructure to enable Dubai to rebound more quickly than other economies.
"But Dubai will do much more than weather the storm; it will come out stronger," Bin Sulaiman told the Capital Club, Dubai's premier private business club. Bin Sulaiman outlined the fiscal and policy actions taken by the UAE and Dubai governments to move from stabilisation to recovery.
"We have already taken many fiscal, monetary and policy steps to stabilise the economy, but as we move forward into recovery mode we are at the point when the government's active and broad-based engagement with the private sector will be most beneficial. Now is the time for a wider engagement with you, the leaders of the business community," Bin Sulaiman said.
Andrew Christon, general manager of the Capital Club, said: "Dr Omar set the agenda for the Capital Club's speakers' programme, starting with his first talk in 2007. "His insight and expertise ensure our members in the private industry are aware of the government's strategy and how they can support it."
The Business Lunch Forum with Bin Sulaiman was the latest fixture of the Capital Club's speakers' programme, which has hosted Shaikha Lubna Al Qasimi, Minister of Foreign Trade and member of the Capital Club's board of governors; José María Figueres, former Costa Rican President and CEO of Concordia 21 in Spain; Formula One driver Giancarlo Fisichella, and Miha Pogacnik, one of the world's leading violinists.
The Capital Club opened on April 9, 2008, in the DIFC's Gate Village. Since its launch in late 2006, the Capital Club has attracted over 1,250 members, including some of the region's most senior decision-makers, and leaders in business, finance and government.
