Dubai: «Gulf»
«Europian CIA or» which is based in London, based on a report titled «Dubai diversity its sources away from the low oil» reported that His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, Amir, was able thanks insightful visions transform the UAE economy to a diversified and sustainable economy for generations to come away from dependence on oil as a key resource.
She noted that the drop in world oil prices make the economic strategies in the UAE transformed since the period to another economic paths are not dependent on oil as a key resource, and Dubai in particular has succeeded in adopting the free economic model away from oil, which led to the city strengthen its position in attracting investors from all over the world.
She said that since the founding of the UAE, it is a steady growth rates achieved in addition to the political stability enjoyed by, during which time the newspaper reported that Dubai managed the transition from a small town that became the first commercial and logistical, financial and entertainment center undisputed at the regional level.
She commended the «Europian CIA or» in its efforts made by Dubai in providing commercial environment that fosters the achievement of economic and social stability, stressing that the UAE in general and Dubai especially have become more polarized and attractive to international investors.
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