Sheikh Mohammed speaks out

It's a very rare thing indeed to hear the man speak. And when he does, it's worth a listen. An Embiz24/7 special covers the entire online interview with the press held on Saturday, as well as report on the current crisis:

"I believe that no preventive measures, neither in the UAE nor any other country in the world, would have provided the desired immunity from the ramifications of the global financial meltdown...Our position is far better than other countries, and encouraging economic indicators have just started to emerge."

I personally think this a step in the right direction, considering the recent barrage of articles on the 'dark side' of Dubai.

Oh, as a side note, he also says there's no income taxes anytime soon. Yeay.

http://tinyurl.com/c8m87k