| From Gulf-times.com: Dubai’s ruler has turned to a trusted uncle, Sheik Ahmed bin Saeed al-Maktoum (pictured), head of Emirates Airline, to take on the chairman’s role at Dubai World as the government conglomerate seeks to get back on a growth path after it secured creditor approval to restructure almost $25bn worth of debt.
Sheik Ahmed, 52 years old, who is also president of the Dubai Civil Aviation Authority, was appointed as part of a larger reshuffle of Dubai World’s board and replaces Sultan Ahmed bin Sulayem as chairman, the UAE’s official WAM news agency reported late Sunday, carrying an official statement..............................................Full Article: Source
|