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Support for institutions affected by economic crisis: Deputy PM of UAE

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23-Apr-2009
HH Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister, UAE

HH Sheikh Hamdan visited Cityscape Abu Dhabi with Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister for Higher Education and Scientific Research and visited several stands

Addressing on the final day of Cityscape Abu Dhabi, HH Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister, UAE, stated that the institutions affected by the global economic crisis could expect government support "but not those that were reckless". He praised Cityscape Abu Dhabi exhibition as one example of the success and continuing economic strength of the UAE. 

HH Sheikh Hamdan said, "Anyone can come and see here at Cityscape that we have a boom in the UAE in both the private and public sector. We are the first country to recover from this crisis".

He said the continued growth and stability of the real estate sector in Abu Dhabi and the UAE, reflected the wise policies of the country's leadership. The government would continue to support current and future private and public real estate projects.