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Ahmed Bin Sulayem

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  • Business

DP World plans plush tea resort

The DP World group, the Dubai-headquartered port operator, is planning to set up a seven-star resort in the tea gardens of Darjeeling for Rs 1,500 crore (Rs 15 billion), which includes creation of......

Dubai restructures Nakheel board

The Dubai government has restructured the board of Nakheel, the troubled realty arm of debt-ridden company Dubai World, naming Ali Rashed Ahmed Lootah as new chairman. Lootah replaced Sultan Ahmed......

$70-billion gold traded through Dubai in 2012

As much as $70 billion of gold was traded through Dubai during 2012, a Dubai Multi Commodities Centre official has said.Speaking at Dubai Precious Metals Conference 2013, DMCC Executive Chairman......

'Diamond industry no longer dominated by West'

The global diamond industry is no longer dominated by Western countries but has become a global community of producers, cutters, polishers, retailers and regulators, Dubai Multi Commodities Centre......

Hindujas to invest Rs 1200 cr in UAE

Hinduja Group on Monday said it would invest Rs 1,200 crore (Rs 12 billion) in property development business in the United Arab Emirates, while its flagship Ashok Leyland intends to set up a......

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