As many as 4,000 Iranians have invested in Dubai, mostly in its booming real estate sector, according to a senior Iranian government official.
Iran's Deputy Commerce Minister Mojtaba Khosrowtaj, who also heads Iran's Trade Promotion Organisation, has been quoted in the Iranian media as saying about 4,000 Iranians have invested in Dubai, "due chiefly to poor facilities and restrictive investment rules at home."
