Singh, celebrated for his chart-topping songs and electrifying stage presence, was delighted to visit Kanz Jewels
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The UAE Dirham has fluctuated between 5.5 and 6 to the Great Britain Sterling Pound, another key indicator is that the Brent Crude Oil Price (US$ per barrel) has seen a steady rise since May 2009 and has almost doubled in price.
“Undoubtedly, the UAE duo of Abu Dhabi and Dubai leads in the GCC and Middle East and North Africa (MENA) region. As Dubai learns to be more cautious with financial support from its two tranches of bonds of $20 billion, there is every reason for it to make a strong comeback. The UAE duo recharged, reformed and combined will make them natural exemplary champions for the rest of GCC,” said Salah Mussa, Chairman, Chesterton International LLC commented.
“While the rest of the world needs time to recoup saving and wealth, the UAE duo suffers no real loss which cannot be rebuilt in shorter timeframe. In its own way, be it petrodollar recycling or helping global rebalancing, the UAE’s surplus balance-of-payments can afford spending on investment and consumption. Its absorptive capacity may not be as big as billion-populated China and India, but GDP per capita in Abu Dhabi in particular, is among the world’s highest ($71,200 in 2007),” added Mussa.
Singh, celebrated for his chart-topping songs and electrifying stage presence, was delighted to visit Kanz Jewels
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