Dubai reinvented: Has it learnt its lesson?
BY Shaheen Pasha |
As the growing shadow of a double dip recession spreads through Europe and the United States, global investors are increasingly turning their gaze towards the East in the search for new opportunities. While China and India are the first names to come to mind in this Eastward financial migration, another player is setting the groundwork to re-emerge as a financial powerhouse in the Middle East, provided it manages to shake off the ghosts of its past.