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New heights for Dubai amid economic strife

New heights for Dubai amid economic strife article image
The world's tallest building, the Burj Khalifa, has opened in Dubai. Chairman of the Australia Arab Chamber of Commerce and Industry (AACCI) Ray Najar said it was testament to the underlying economic strength and internal political cohesion of the United Arab Emirates. Najar confirmed that the UAE was still a sound market for Australian businesses despite recent economic setbacks. "Recent trade statistics show that the UAE is Australia’s 13th largest merchandise export market, and there is no reason why the significance of the UAE market should not grow for Australian business in the near term." He expressed confidence in Dubai, and the UAE's financial and economic resilience and said the chamber would continue to run trade missions there in 2010, including lesser known emirates other than Dubai and capital Abu Dhabi. The building's name was the Burj Dubai while under construction. It stands at 828 metres.

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