
09-25-2008, 01:06 PM
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ITalkCash Administrator
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Join Date: Nov 2007
Posts: 489
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Effects of the economy targets UAE
Uneasy markets affect the UAE as well as the rest of the world. Despite the oil, the markets in Abu Dhabi lost all their gained revenue from the first 3 months of the year, and the central bank had to pump in 14 billion dollar.
The world is becoming smaller, therefore diversification is neded despite the fact that oil is still going strong, but no nation can sustain a single minded investment. Abu Dhabi is going strong right now, but even there changes will be seen, currently all eyes are on the USA economy. If it cracks, the world will crack for sure, and a new financial market will arise.
Stay on board, we will see what is going to happen.
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