Recently, Mohammed Al Shaibani, Director of Ruler's Court said that new plans would be implemented by Dubai Government, which will strengthen the country’s financial stability.

The government would also open new fields that promote economic development apart from continuing necessary measures to face the impact of international financial crisis and ease its effects on local economy.

The government is sure to take into consideration investors, banking or private sector institutions and enhance the ability of the economy to confront the crisis and also commence policies that take into consideration the dimensions of the financial crisis.

Al Shaibani, who highlighted the essential role of the Dubai Finance Department in drawing up Dubai's strategy to face the current financial challenges, said that Dubai is quite keen to “support all economic sectors and closely co-operate with different local and foreign investment bodies with full transparency and mutual confidence.”

If adhered to Al Shaibani then the suitable person to lead the department in the next phase would be Abdulrahman Saleh Mohammed Al Saleh, Director of Dubai Finance Department, as he has vast experience which would let him transform the department along with facing the challenges.

(via TopNews Arab Emirates. Contributed by Aabid Hussain)