Dr. Khalifa Saif Al-Muhairi, Chairman of the Gulf Arab Investment Group, has expressed confidence that the economy of the UAE will overcome current challenges. He anticipates that financial markets will regain positive momentum and perform more vigorously than before. Al-Muhairi highlighted the strong leadership of the UAE, which has demonstrated the resilience of the national economy amid ongoing difficulties. He pointed out that the country is rich in investment opportunities that can be capitalized upon.
He also noted that the recent rise in oil prices is expected to boost financial surpluses, providing a direct support for government spending and developmental projects.
Al-Muhairi emphasized that despite the existing circumstances, the UAE remains committed to executing a series of strategic initiatives, including the launch of major projects across various sectors and an expansion in the renewable energy sector, underpinned by long-term economic visions.
He mentioned that real estate development companies continue to advance their efforts in rolling out more high-quality real estate projects throughout the current year.