I read just yesterday that Dubai is having a real tough time at the moment because the fall in oil prices have but all the investment there. Plus the other in the UAE are experiencing much lower revenue than they planned and now are needing to cut back as well.
These countries are as dependant on the global economy as the rest of the world. Because of the importance of oil maybe more so.
But you asked if it was "safe" and not if it was a good idea. Dubai wants to be a world financial center so it is likely rather safe. But most countries in the world don't have the same level of information, regulation, controls, and more corruption than in the United States.
For myself, for that reason, I would never try to invest directly in other countries rather depend on funds or managers that will have some expertise with the particular countries or companies. |||Nowadays there is volatility in the indian financial market,we have to wait for a little time period to observe the market situation. However we can also make an investment,but that should be a long term investment. Because the market will rise again and that will take a little time period. |||UAE:
"The UAE, rich in oil and natural gas, has become highly prosperous after gaining foreign direct investment funding in the 1970s"
there are some ideas out there in high finance land that the UAE are not truthful about what they are sitting on as far as the supposed reserves in oil and gas. Take it for what its worth, but this is like China when it comes to real transparency.
USA:
we are going into a shorts (selling on the highs) market for the next week and then depending on the news its down down down. a slow build until 2010. it is all about earnings and -good news- i.e. housing, building etc..
We are in a place that is seldom visited and few brokers are willing to speculate on the markets future. how can i, the laymen, even attempt. Take no advice. Wait. See the rebound take effect. then make our move. Some are trying to catch the market before the rebound and they are getting burnt. It is not worth the smidgen of a 5% to 10% gain if your luck pans out.
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