SHADY Shaher, the Standard Chartered Bank economist, assured a conference today that tourism, services and re-exports are picking up in Dubai.
However, balancing that will be the challenging year for credit growth that is emerging, mostly because of Dubai World’s struggles, he predicted at the Marine Money conference in Dubai.
Elsewhere in the UAE, $68Bn has been set aside in Abu Dhabi for roads, a metro system, a railway and a new nuclear powe ...