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Mohammed bin Rashid receives Bloomberg President

posted on 02/10/2009: 703 views



Vice President and Prime Minister of UAE and Ruler of Dubai, H.H. Sheikh Mohammed bin Rashid Al-Maktoum, received at his office here at the Emirates Towers the Chairman and President of Bloomberg LP, Peter T. Grauer.

During the meeting, they reviewed the future expansion programme of the company in the area of business information.

In his presentation of his outfit's activities in the region, the Bloomberg President, said the UAE commands great respect and trust of international economic and financial bodies, adding that the UAE continues to be a major point of attraction for international investors, thanks to the country's enviable status as one of the world's most stable and fastest growing countries.

Grauer briefed the Dubai Ruler about Bloomberg's development plans. He said the regional office in Dubai will be working now to develop the company's activities in business news to include the Middle East, North Africa and India and cited the UAE's logistic facilities as the biggest incentive which helps investors and companies expand their businesses in the country and the region, in general.

Minister for Cabinet Affairs, Mohammed bin Abdullah Al-Gergawi, Media Escort of H.H. Sheikh Mohammed bin Rashid Al Maktoum and Managing Director of the Dubai Media Incorporated, Ahmed Al-Sheikh and other officials were present at the meeting. – Emirates News Agency, WAM

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