If We are exist with opened-eye and sometimes are trying to catch up some noble and relevant informations about the World surrounded us, We can find echoing comments on the full-blown crisis which stems from US sub-prime mortgage market. Its very clear it can effect the World's financial markets, banking sector, investors and so on. But in the case of its coverage, well, we can just calculate what among - vast volume or thin - will be its effect throughout World's countries.
By nowdays the crisis with its gloomy and oddly situation has been spread over U.S and European countries. As we all known, the crisis began with losses in the $1.3 trillion market for "subprime" mortgages, many of which were "securitized"—bundled into bonds and sold to investors. With all U.S. stocks and bonds worth about $50 trillion in 2007, the losses should have been manageable.
But, what about Dubai? People are working in such a psychology way. When problems are arised, they are about to look after theirs investments and financial managing processes in a bettet way. Globalisation provides the opportunity to people backing away from hot places where the risiko and variness are spiking to the skies. Under these speculative frenzy and volatile circumstances we can lead to the conclusion: Dubai not will be exception, the spill-over effect will reach its financial sectors. On the contrary, the recession-fear, and the fact of slowdown in europe and U.S property markets is going to boost, shore up dubai's markets, Yaqoob Al Zarouni, deputy chief executive officer of Dubai Properties, told Gulf News. He said slowdowns that have occurred in the rest of the worl have worked in Dubai's favour because 'investors are always looking for places where they can have high returns and the Dubai market fulfils that'.
In Dubai, the capital recovery is stilly in unflinching situation, which encourige investors to brace itselves up and watch after their opportunity in this market, moreover, due to high returns and Dubai's capital absorbing capability they firmly can believe in that the prosperity in Dubai will continue without rebukes in the near future too.
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