DAMAC Owner Hussain Sajwani’s Reflects on Dubai’s Stability in the Middle East

In case you are not familiar with Hussain Sajwani, he is the 5th richest Arabian person in the world. He hails from Sharjah, United Arab Emirates. Sajwani is the CEO of DAMAC Properties in the United Arab Emirates. This company is located in the city of Dubai which is another United Arab Emirates metropolitan area. This is a premier property developer for the nation. DAMAC Properties is also known around the world for the real properties they have in Dubai and in other countries.

If you are aware of Dubai’s location, you will quickly discover that this city is situated in the Middle East. Iran and Iraq are located to the north of the nation. Saudi Arabia can be found to the west. Oman lies east of the UAE and Yemen can found south of the nation. This region of the world is fairly unstable. However, the UAE and its premiere city of Dubai, typically remains safe from the instability.

Hussain Sajwani explains that the UAE (and Dubai in particular) are safe from the impact of terrorism and political instability because of its role in the Arab world. In an article from Saudi Projects, Sajwani knows that certain policies and practices are in place that protect the nation from various problems. The country has terrorism initiatives that they utilize to keep extremism in check and they also strongly protect their borders.

DAMAC Owner Sajwani also informs us that the UAE has a powerful economy. Dubai’s economy is critical to the Middle East because of its ability to manage money related to oil and its ability to support high finance and investments in the Middle Eastern region. In other words, Dubai’s wealth and massive finance and economic resources has made this nation a fairly safe from the effects of terrorism and any other type of problem that could disrupt the safety of the area.

The UAE has too much at stake to allow outside forces to disrupt the area. Sajwani knows that outside instability helps Dubai to thrive. When things go wrong in other countries situated near Dubai, many people from this disrupted areas tend to relocate to Dubai. Once they do, they often help to contribute to the stability and safety of the economy. Dubai is a city that remains strong because of the commitment from their people and their economic strength.

Discover more here: https://www.albayan.ae/economy/local-market/2018-02-12-1.3184075

Leave a Reply

Your email address will not be published. Required fields are marked *