NO WAY BUT UP
Gulf Business|September 2020
In an exclusive interview, chairman of Dubai’s Danube Group, Rizwan Sajan, outlines why he is confident about a ‘V’ shaped recovery in the UAE, how his company has navigated the Covid-19 crisis and what lies ahead
AARTI NAGRAJ
NO WAY BUT UP

As he admits, the chairman and founder of Dubai-based construction and property conglomerate Danube Group is an optimist by nature, and hence it is easy to fathom why he belives that the UAE’s economy will recover rapidly from the Covid-19 crisis. “The UAE is set to witness one of the fastest ‘V’ shaped recoveries in the world from the Covid-19 pandemic due to a number of factors including the way the authorities handled the crisis from day one,” he insists, in a bold prediction. The Dubai-based businessman is confident that before the end of the second quarter of 2021, the situation will bounce back to normal, with the local economy back on track for strong growth.

While one could attribute his sanguine economic outlook to his personality, Sajan stresses that he has solid reasons to back his projection. “If you look back, the UAE recovered faster compared to other economies from all the previous crises they faced in the last three decades, be it the Gulf war or the global financial crisis. And there are practical reasons for this.

The first and foremost is the strong and visionary leadership of the country. Also, from the beginning, the UAE has invested in its future, be it hard or soft infrastructure, technology, systems, processes, people and the global connectivity that helps it to recover fast. It is a future-ready country,” he explains.

هذه القصة مأخوذة من طبعة September 2020 من Gulf Business.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 2020 من Gulf Business.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من GULF BUSINESS مشاهدة الكل
Green lights
Gulf Business

Green lights

It hasn’t even been a full year that Stellantis, one of the world’s biggest auto companies, has been in existence. Still, its wheels are spinning furiously. Here’s what it has in store for the region

time-read
6 mins  |
December 2021
Purpose through corporate responsibility
Gulf Business

Purpose through corporate responsibility

Every organisation must deeply reflect about whether they are leaving behind a legacy or a liability, says Abdulaziz AlSowailim, EY MENA chairman and CEO

time-read
5 mins  |
December 2021
Analysing the layers of a coconut
Gulf Business

Analysing the layers of a coconut

When we have a sense of clarity as to our purpose in life, then we institute the correct practices and habits around us, and set realistic and achievable results

time-read
3 mins  |
December 2021
DUNES TO DOMINION
Gulf Business

DUNES TO DOMINION

FOR A COUNTRY RICH IN TRADITION AND DRIVEN BY AMBITION, THE UAE’S JOURNEY DURING THE PAST 50 YEARS HAS BEEN UNPRECEDENTED. WHAT’S IN STORE FOR THE NEXT 50?

time-read
9 mins  |
December 2021
Building strong
Gulf Business

Building strong

International investors are boosting Dubai’s residential property market, which has rebounded strongly from the Covid crisis, writes Aarti Nagraj

time-read
3 mins  |
December 2021
CHASING THE AMERCIAN DREAM
Gulf Business

CHASING THE AMERCIAN DREAM

FOR SHAI ZAMANIAN, THE US IS A LAND OF LIMITLESS POSSIBILITIES, AN AVENUE HE AIMS TO OPEN FOR FAMILIES WORLDWIDE VIA IMMIGRATION. HERE’S HOW HE IS BRINGING HIS GOAL TO FRUITION

time-read
6 mins  |
December 2021
OBITUARY: JOCELYN HENDERSON (1921-2021)
Gulf Business

OBITUARY: JOCELYN HENDERSON (1921-2021)

THE GRANDE DAME OF ABU DHABI – THE WIFE OF A FORMER DIPLOMAT – PASSED AWAY IN THE UAE CAPITAL AGED 100

time-read
3 mins  |
December 2021
THE DIGITAL DISRUPTORS
Gulf Business

THE DIGITAL DISRUPTORS

IN THE COMING YEARS, THE GCC IS EXPECTED TO PLAY A SIGNIFICANT ROLE IN SECTORS SUCH AS HEALTHCARE, MANUFACTURING, EDUCATION AND RETAIL, WHICH WILL HELP BOOST THE GROWTH OF ITS NON-OIL ECONOMY

time-read
7 mins  |
December 2021
Signed, sealed, delivered
Gulf Business

Signed, sealed, delivered

Nicolas Baretzki, CEO of Montblanc, partnered with one of the world’s most recognisable luxury brands, Ferrari, earlier this year. Here’s where the partnership, and the German company as well, is headed next

time-read
6 mins  |
December 2021
UP, UP AND AWAY
Gulf Business

UP, UP AND AWAY

AS THE FIRST IN-PERSON AIRSHOW TO TAKE PLACE SINCE THE OUTBREAK OF THE PANDEMIC, THE EVENT SAW SEVERAL DEALS ANNOUNCED

time-read
4 mins  |
December 2021