Financial Times FT.com

Economy: Recovery raises confidence

By Robin Wigglesworth

Published: October 28 2009 16:51 | Last updated: October 28 2009 16:51

Confidence has been in short supply across the world over the past year, but, like oil, it can still be found in abundance in Abu Dhabi.

Hundreds of billions of petrodollars saved up over recent decades have enabled Abu Dhabi to continue its extensive and expensive economic diversification, in spite of the global financial crisis.

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