DUBAI:Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum has consolidated his hold onthe debt-laden emirate, downgrading powerful figures behind thecity-state’s boom that turned to a bust.Sheikh Mohammed onNovember 20 sacked the governor of the Dubai International Financial Centre(DIFC), Omar Bin Sulaiman, who had led efforts to transform Dubai into a MiddleEast finance hub. A day earlier, he dropped...
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DUBAI:Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum has consolidated his hold onthe debtladen emirate, downgrading powerful figures behind the citystate’sboom that turned to a bust.Sheikh Mohammed on November 20 sacked thegovernor of the Dubai International Financial Centre (DIFC), Omar Bin Sulaiman ,who had led efforts to transform Dubai into a Middle East finance hub. A dayearlier, he dropped...
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Dubai Health Authority in collaboration with Dubai Naturalization and Residency Department (DNRD) and TECOM Investments, a developer of knowledge-based business clusters and a member of Dubai Holding, inaugurated today a completely dedicated medical fitness centre in Dubai Knowledge Village, a member of TECOM Investments, to expedite the processing of medical tests for the issuance of employment and...
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DUBAI:Dubai's largest listed real estate firm Emaar Properties expects "technicaltalks" for its planned merger with state owned developers to be concluded withina month, its chairman said in remarks aired on Saturday.The newfirm will announce new projects after the merger, Mohamed Alabbar told AlArabiya television, without giving details about the size of the envisagedprojects or an exact date for...
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The Institute of Management Technology (IMT) Dubai is one of the few Indian business schools to have got an approval from the UAE’s ministry of higher education and scientific research to offer an accredited MBA programme and executive education to companies operating in the UAE. IMT Dubai’s director Farhad Rad – Serecht told Kirtika Suneja how the institute plans to remain different from other B-schools....
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Dubai: Visitors will have to wait until early next year for the opening of the world's tallest building in Dubai.The media office of the city-state's ruler said Wednesday the hulking Burj Dubai will now debut on Jan. 4, a month later than expected. The new opening date is timed to coincide with the fourth anniversary of Sheik Mohammed bin Rashid Al Maktoum's appointment as ruler of Dubai.Excavation...
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Moody's Investor Services, the credit ratings agency, Wednesday downgraded five major Dubai-government-controlled companies after the emirate's finance department relinquished its obligations to the firms' debts in late October.In a statement, Moody's said it downgraded Dubai Holding Commercial Operations Group LLC, or DHCOG, to Baa1 from A3, two notches above junk level. DHCOG is effectively owned...
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airline says check-in for all passengers will open three and a half hours before departure.Nedumbassery: The Dubai-based Emirates Airlines has revised its flight timings for the Cochin International Airport Limited (CIAL) in its new winter schedule effective from Sunday to March 27 next.According to a release issued by the airline on Saturday, flight EK 530 in the Kochi-Dubai sector will now depart...
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visitDUBAI -- Dubai's ruler on Monday stressed unity with the sheikdom's oil-rich neighbor Abu Dhabi amid ongoing concern over its ability to meet its financial commitments.In one of his strongest assertions of national unity in the seven member federation of emirates Sheik Mohammed bin Rashid Al Maktoum said "so to the people of you who nag over Dubai and Abu Dhabi, shut up!""There is no Dubai or...
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Dubai, Nov 4: More than 50,000 travel industry professionals from across the globe, including from the United Arab Emirates (UAE), will take part in the 30th edition of World Travel Market exposition in London Nov 9-12, WAM news agency reported.Government officials, ministers and international media representatives will also attend the event that will showcase latest industry products, business opportunities,...
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