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Dubai Government category
Dubai Spring Carnival starts today
Ahmed Abdul Karim, Director, Department of Public Parks and Horticulture, said: “The public parks in Dubai are not purely commercial entities and the Dubai Government has invested several billion dirhams to develop these parks in accordance with the long-term vision of the leaders. It is our core strategy to attract more people to public parks.”
Moody’s Dubai World concerns lift
Moody’s said yesterday its concerns over possible contagion from Dubai World, the troubled conglomerate, to DP World, the port operator that Dubai World owns, had been alleviated.
Government’s role vital in emiratisation effort
Dr Jasem Al Ali, a noted emiratisation expert, has said that the government needs to actively collaborate with the private sector to devise ways to employ and retain UAE nationals, in order to rectify the current imbalance in a sector that employs just one per cent Emiratis.
Dubai’s debt plans ‘well received’
ONE of the biggest lenders to the state-owned holding company Dubai World said yesterday that Dubai World’s $24,8bn debt restructure plans had been welcomed by creditors.
Dubai bond sale to test market
Dubai will face its first big test of international investor confidence today since one of its largest companies unveiled debt restructuring proposals last month.
