Emirati businessman Mohamed Alabbar has stated that he has "no concerns" about the property market in the UAE amidst the ongoing regional developments.
Speaking to CNBC, Alabbar noted that while there might be a "cooldown", the market will not face any major conflicts.
Further commenting on the effect of capital and markets, Alabbar shared that people with "true capital" will "double down" on investments.
The businessman also revealed his thoughts on the regional developments as a whole, highlighting the safety of the UAE and its systems.
Nakheel awards contract to upgrade western shoreline at Dubai Islands
UAE and Thailand conclude trade deal talks
Abu Dhabi unveils major AI training programme for government and public
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billion
African Union launches continent's first credit rating agency
