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Emcredit praises communications initiative of His Highness Sheikh Mohammed

April 19, 2009

Emcredit, the UAE’s first government-backed credit information services company, today said today that the recent communications initiative by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, was a crucial measure to dispel any potential concerns about the impact of the global financial crisis on the city.

Ali Ibrahim, Managing Director of Emcredit, said: “His Highness’ reassuring statements on the robustness and perseverance of Dubai’s economy instil immense confidence among residents and the wider world. From the outset, Dubai’s vision has been based on clarity of thought and strategic foresight. Providing such clarity on major economic matters, against the backdrop of the global financial crisis, sets Dubai truly apart in both vision and action. Sheikh Mohammed’s vision and the determination to follow it through highlight the strengths and sustainability of this fast-developing emirate.”