DUBAI: There is scope for a recovery in some cyclical Dubai stocks but don’t wait until the party has already started! That was the message from Credit Suisse Head of MENA Research Fahd Iqbal who told Bloomberg Daybreak Middle East that the emirate could benefit from a rebound in some sectors. Dubai’s tourism sector has been battered by the pandemic while a prolonged slump in property prices has added to the malaise. However a rapid vaccination program has encouraged hopes for a recovery in some cyclical sectors. Dubai shares have gained by about 2.2 percent since the start of the year, well behind regional heavyweight Saudi Arabia, where the Tadawul stock exchange has advanced 10.4 percent over the same period.