Moving Towards a Slow Revival in Dubai
They say that the economy is buoyed by spending- which can be either private or public i.e. by consumers or the Government. As the USA and Europe realized that they were in the grip of a recession, the early market mood and expectations for economic growth were quite negative, but fortunately their Governments reacted in time through the Central Banks which assisted in providing economic and financial stimulus packages. This helped in arresting the decline in some key industries so that they could be turned around. As of now, it…
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