Dubai attractive option for investors, says bank

08/04/2011 - Dubai Investment News Posted by Bob Brunskill
Dubai attractive option for investors, says bank

Dubai is likely to gain favour with investors as the UAE's stable political situation contrasts much of the Middle East region.This is according to Bank Sarasin, e[w]hich said that the country's financial sector Dubai is likely to gain favour with investors in 2011 as the UAE's stable political situation contrasts much of the Middle East region.Bank Sarasin said that this should help the country to rebound from the impact of the global financial crisis."Dubai is likely to emerge as the regional beneficiary of the crisis. Dubai suffered for a long time under the excesses of the boom years and the lack of financial transparency in many of its major property projects," the bank said."Due to the stable political situation in the United Arab Emirates, Dubai is likely to gain favour with investors," the report added.Bank Sarasin said that the setback in other markets provides a good entry opportunity for longer term investors.