30.01.2009 - UAE: No magic wand to end the downturn

From Zawya.com:Dubai's sovereign fund sees opportunities but remains nervous of the markets, Dubai International Capital (DIC) chief executive Sameer Al-Ansari said. While asset prices are at very reasonable levels it is still too early to make big bets on long-term investments, Ansari said. "There [is] going to be a great opportunity in the next year or two to acquire assets at historically unprecedented levels," Al-Ansari said. ..... Full Article: Source

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