Dubai urged to attract new investment

14/09/2011 - Dubai Investment News Posted by Neil King
Dubai urged to attract new investment

Property investors with portfolios in Dubai could be among those encouraged by recent calls to increase international investment in the emirate.His Highness Shaikh Mohammad Bin Rashid Al Maktoum, vice-president and prime minister of the UAE and ruler of Dubai, recently called on Dubai Chamber members to launch more programmes aimed at driving up global investment, the Gulf Times reported.It comes after Shaikh Mohammad visited the Dubai Chamber of Commerce and Industry earlier this week.The visit was welcomed by the Chambers, as were the proposals, which the organisation said would boost the emirate's reputation as a global business hub.Abdul Rahman Saif Al Ghurair, chairman of the Dubai Chamber, said he will now work on implementing the plans in order to enhance its role in building a strong business community in Dubai.The comments could also inspire a number of property investors to purchase office space or apartments with a view to renting ahead of any expected boom in investment.