Saturday, September 26, 2009

With concerns that the global economic crisis would affect the Middle east badly, Shaiful said they studied the situation very well and found that Malaysia was a very suitable place for them. Despite the lack of a "special offer" to investors, Malaysia was very stable, its people friendly and easily accept the Arabic culture, which in itself presents a very good environment for Arab investors. Shaiful said one million Arab tourists came to Malaysia and they spend 10 times more than the others. For the past seven months, he said 250,000 Arabs came to Malaysia although it is not the holiday season and they spent RM5 billion.

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