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Dubai World

Abut Dubai Wrld

Dubai Wrld is an Investment cmpany wned by the Dubai Gvernment. In Nvember 09, it has asked its creditrs fr a six-mnth mratrium n its US$59-billin debt. This news has hit the glbal stck markets. Banking and financial cmpanies and infrastructure and cnstructin cmpanies that have direct r indirect links with Dubai Wrld have been hit with heavy selling in their stcks is witness. The US stck markets are a little late t react t the news as they are n a Thanksgiving hliday.

Dubai World in News

The Ritz-Carlton, Dubai International Financial Centre Hosts Service Excellence Culture Course
As The Ritz-Carlton continues to grow around the world, so, too, does its legendary reputation for service excellence. Organizations, from aviation to healthcare, seeking guidance on embracing and sustaining a similar culture, now have the opportunity to learn directly from the source.

Tikkurila to seek growth in new export markets
Tikkurila OyjPress ReleaseNovember 23, 2015 at 10:00 a.m. (CET+1)

Bombardier Announces Presence at the 2015 Dubai Airshow with the Local Debut of its all-new C Series Aircraft
Bombardier announced today it will touch down at the 29th Dubai Airshow with an impressive line-up of commercial and business aircraft on static display. The line-up will include the all-new CS100 airliner, Q400 turboprop, CRJ900 aircraft; and three business aircraft - the Learjet 75, Challenger 350 and the Global 6000

LightPointe to Exhibit at GITEX Tradeshow in Dubai, Featuring the State of the Art in High Capacity Wireless Point to Point Bridges
SAN DIEGO, CA and DUBAI, UNITED ARAB EMIRATES--(Marketwired - October 14, 2015) - GITEX tradeshow - October 14, 2015: LightPointe, the leading manufacturer of point to point wireless bridges for high capacity data backhaul and video transmission, announced that it will exhibit at the GITEX technology tradeshow held in Dubai, UAE, October 18 through 22 at the Dubai World Trade Centre

Calling IoT Startups: Internet of Things World Forum Steering Committee Brings Back the Innovation Grand Challenge
During an event on May 12 at Cisco (NASDAQ: CSCO) Headquarters in San Jose, California, the Internet of Things World Forum (IoTWF) Steering Committee announced the second Innovation Grand Challenge and finalized the objectives and success criteria for this year's upcoming plenary event in December

Softage Launched a Cloud Based DMS Solution-Clouddocu at 35th GITEX Technology Week in Dubai
Business Wire IndiaThe pioneer Document Management Service provider of India, SoftAge, represented the country at the 35th GITEX Technology Week in Dubai. The company participated at the event exhibiting DMS solutions they offer to visitors from across the globe. SoftAge is an internationally acclaimed DMS provider catering to clients from India as well as from abroad

Delta to Demonstrate its Leadership in Display Solutions with the Industry's Slimmest DLP® Video Wall at InfoComm MEA 2015
Business Wire IndiaDelta Electronics, Inc., a global leader in power and thermal management solutions and pioneer in display solutions, announced today it will unveil, at InfoComm Middle East & Africa (MEA) show, its slimmest Digital Light Processing (DLP®) video wall featuring a depth of 450mm

SoftAge to Launch a Cloud based DMS Solution- CloudDocu at 35th GITEX Technology Week in Dubai
Business Wire IndiaThe pioneer Document Management Service provider of India, SoftAge, will represent the country at the 35th GITEX Technology Week in Dubai. The company will participate at the event exhibiting DMS solutions they offer to visitors from across the globe. SoftAge is an internationally acclaimed DMS provider catering to clients from India as well as from abroad

Increase in Multiscreen Video Consumption Drives Innovation in Content Services and Business Models in MENA - Frost & Sullivan
Business Wire IndiaVideo consumption in the Middle East and North Africa (MENA) has increased in recent times as a result of content availability on alternative media besides television

Vision Systems Features Improved SPD-Smart Solar Self-Powered Dimmable Aircraft Cabin Window at 2014 MEBA in Dubai, UAE
DUBAI, UNITED ARAB EMIRATES--(Marketwired - December 08, 2014) - Today at the 2014 MEBA trade show, Research Frontiers (NASDAQ: REFR) licensee Vision Systems unveiled a new version of Energia, an SPD-Smart electronically dimmable window (EDW) capable of producing its own energy from the sun or from artificial light

Avaya Fabric Connect Boosts Simplicity and Scalability of IP Video Surveillance Deployments for Enterprises
A growing list of enterprises finds Fabric Connect delivering a superior performance for video surveillance. The Avaya IP Video Surveillance solution eliminates complexity for a more efficient, cost-effective security solution. Avaya to demonstrate the new benchmark for IP Video Surveillance set by Fabric Connect at ASIS 2014 Booth 4153 in Atlanta, GA September 29-October 2

City-Centre Hotel in Dubai Rises to Great Heights With the Debut of Its Second Tower
In a city known for dramatic architectural displays, it can be hard to stand out. Yet one hotel near the Dubai World Trade Centre has done just that. Not only do its dual towers literally soar above the city skyline (earning a place in the Guinness Book of Records as a result), but the service, restaurants and amenities located within outshine those found anywhere else in the city

MITRE Partners With Dubai Air Navigation Services (DANS) to Support Aviation Excellence in the Middle East
MCLEAN, VA--(Marketwired - March 04, 2014) - The MITRE Corporation (MITRE) formalized its partnership with Dubai Air Navigation Services (DANS) during the Civil Air Navigation Services Organisation's (CANSO's) World ATM Congress 2014 in Madrid, Spain, March 4-6.

Panasonic Displays Smart & Sustainable Technology Solutions at GITEX 2014
Panasonic Marketing Middle East & Africa (PMMAF) - based in UAE - participated at GITEX (Gulf Information Technology Exhibition) 2014, showcasing a spectacular product line-up in-sync with the concept of futuristic smart living.

Posiflex Unveils Revolutionary Mobile POS Solution for Retail and Hospitality
Posiflex Technology, Inc., a global leading brand in the design and manufacture of POS solutions and peripherals, today announces a new revolutionary mobile POS – MT-4008W. MT-4008W is specifically created for both retail and hospitality segments

GSMA Announces Senior Executives from Avea, Du, Mobily and Zain Group to Speak at Mobile 360 Series-Middle East
The GSMA today announced the addition of several executive-level speakers for the Mobile 360 Series-Middle East conference programme from organisations including Avea, Du, Mobily, Ooredoo Group and Zain Group amongst many others

ZTE to Strengthen Its Stake in the Middle East’s Smartphone Market
ZTE, one of the global leaders in the mobile handset manufacturing industry,launches its three new smartphone devices at this year’s Gitex Shopper and has announced its strategic partnership with Global Distribution FZE, a leading distributor of IT and Mobility products as the exclusive distributor of ZTE-Smartphone products in the UAE.

GSMA Announces Strong Speaker Line-up for Mobile 360 Series-Middle East
The GSMA today announced the first keynote speakers for the Mobile 360 Series-Middle East conference taking place on the 13-14 October in Dubai. The GSMA also announced a number of event sponsors including Ooredoo, STC and Huawei

NAIA – Dubai is Yours
DAMAC Properties, one of Dubai’s largest luxury real estate developers, has announced the launch of NAIA by DAMAC – its latest hotel management services company – which will cater to guests in more than 2,200 Hotel Apartment units across the city by the end of 2014.

GSMA Announces 2014 Mobile 360 Series Events
The GSMA today announced the schedule and locations for the 2014 GSMA Mobile 360 Series, a regional thought leadership conference series for executives in the mobile industry, as well as key regulatory and government representatives

Thuraya Brings Talia Onboard as a New Service Partner
Thuraya Telecommunications Company, a leading Mobile Satellite Services operator, today announced its partnership with Talia, a top-tier provider of data communications and voice services.

Dubai Airports Unveils Massive Cancer Awareness Ribbon on Airport Tower

Record Month Caps off Record Year at Dubai International
Dubai International, the world’s second busiest international hub, registered another banner year with annual passenger traffic reaching 66,431,533 in 2013, following a record-breaking December when passenger numbers eclipsed the 6 million mark for the first time.

RTI to Showcase Open Architecture Messaging Software at Dubai Airshow 2013
Real-Time Innovations (RTI), the real-time infrastructure software company, today announced its participation at the Dubai Airshow 2013, the leading aerospace event in the Middle East and the fastest growing airshow in the world, held November 17-21, 2013 in Dubai, U.A.E.

Bombardier Aerospace Returns to the Dubai Airshow
Bombardier Aerospace will bring a broad lineup of its industry-leading products to the biennial Dubai Airshow in the United Arab Emirates, which will be held at a new venue, the Dubai World Central Airport, from November 17 to 21, 2013.

The Dubai World Hospitality Championship 2013 Invites the Best of Moscow Dining to Compete
There's nothing wrong with a little friendly competition, especially when it involves food. And the tastebuds of judges and attendees alike will benefit from this accepted wisdom during the inaugural Dubai World Hospitality Championship 2013

EastNets to Kick Off Sibos 2013 With Two Specialized Sessions on FATCA and SEPA Compliance
EastNets, a leading global provider of compliance and payments solutions and services, will be conducting two key sessions during this year's Sibos, the world's premier financial services event running from September 16 to 19, 2013 at the Dubai World Trade Centre.

EastNets to Focus on FATCA and Single Euro Payment Area at Sibos 2013
EastNets, a leading global provider of compliance and payments solutions and services, has revealed that it will be conducting two key sessions during this year's Sibos, the world's premier financial services event running from September 16 to 19, 2013 at the Dubai World Trade Centre.

JW Marriott Marquis Hotel Dubai Driving Growth of UAE MICE Segment
Within the first eight months of opening, the JW Marriott Marquis Dubai has made a significant contribution to the UAE's rapidly expanding tourism and travel sector. Adding 804 rooms and over 7,500 square metres of indoor and outdoor event space to the market, the impressive convention hotel is driving growth in the lucrative Meetings, Incentives, Conferences and Events (MICE) market in the UAE.

Brookfield Acquires Leading European Logistics Assets Company
Brookfield Property Partners, L.P. (NYSE: BPY) (TSX: BPY.UN) and its institutional partners through a fund managed by an affiliate of Brookfield Asset Management, Inc. (NYSE: BAM) (TSX: BAM.A) today announced the acquisition of EZW Gazeley Limited ("Gazeley") from Economic Zones World ("EZW"), part of Dubai World. Brookfield Property Partners will own an approximate 30% interest in Gazeley.

MEDIA ALERT: ISC8 Showcases Intelligent Cybersecurity Solutions Geared for Enterprise Accounts
WHO:ISC8 Inc. (OTCBB: ISCI), a provider of intelligent cybersecurity solutions. WHAT:ISC8 is exhibiting at Gulf Information Security Expo & Conference (GISEC), the largest IT Security exhibition and conference platform in the region, specifically focusing on the energy, financial services, governmental and telecoms sectors in the Middle East

Brandon Azadegan, Executive Vice President of Sanctuary of Paradise Valley, Inc., Eyes N. Old Mine Road in Scottsdale, AZ as Prospective Upscale Residential Development Plot
Brandon Azadegan, Executive Vice President of Sanctuary of Paradise Valley, Inc., has announced plans to consider placing a bid on the popular and historical plot of North Old Mine Road, Scottsdale, AZ as a prospective investment venue for residentially zoned land plots that could ultimately create a master planned and historically rich community of custom, luxury homes in North Scottsdale.

i2c to Showcase Mobile Commerce Solutions at Cards & Payments Middle East
i2c, Inc., a provider of cloud-based payment processing and emerging commerce solutions, will be participating in the 13th Cards & Payments Middle East conference taking place in Dubai, United Arab Emirates from May 14-15, 2013. A Gold Sponsor of the event, i2c will highlight the power of its global payment and commerce platform through an interactive experience at its exhibition stand

Conrad Hotels & Resorts Debuts in United Arab Emirates with Opening of Conrad Dubai
Hilton Worldwide brings its global brand for the new generation of smart luxury travellers, for whom life, business and pleasure seamlessly intersect, to UAE today with the official opening of Conrad Dubai

‘Ramadan in Dubai’ Set to Enlighten Visitors With a Unique Cultural and Spiritual Experience
Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing has announced the launch of the third successive ‘Ramadan in Dubai’, the second stage of its “Summer is Dubai” campaign aimed at positioning Dubai as the No

March Excitement in Store for Visitors to Dubai
Dubai is gearing up to roll out the red carpet to visitors from around the world by making March its best month yet with a long line-up of activities and events that will be the perfect way to celebrate the monthly citywide celebrations under the slogan March happens here!

Al Maktoum International at Dubai World Central Opens for Passengers
The new passenger terminal at Al Maktoum International at Dubai World Central (DWC) opened its doors for business today following its official inauguration and the welcoming of the first commercial flight.

Dubai to Host Top Celebrities This November
Ranked as one of the Top 10 tourism destinations by Euromonitor International, Dubai will live up to its iconic status this November and December by hosting some of the world’s most spectacular events, making it the world’s must-visit city during this period.

Cruise liner Queen Elizabeth 2 to be converted into 300-room hotel
Dubai has finally decided the fate of the Queen Elizabeth 2, the 45-year-old ocean liner it bought during the peak of the economic boom five years ago and which has been lying idle in the emirate's Port Rashid ever since.

Abbey Crouch flaunts lean look in tangerine dress
Abbey Crouch, who is presently holidaying at Dubai, worked at her best angles as she posed for the shutterbugs in a bright tangerine outfit and towering tan heels while leaving her hotel.

Tamara Ecclestone stands by her man despite criminal past
Tamara Ecclestone, whose boyfriend Omar Khyami has been found out to be an ex-convict who was jailed for 18 months for selling stolen expensive watches, is standing by her man and not dumping him despite his criminal past.

TVG to Present Live Coverage of Saturday's Dubai World Cup Program
The racing world's attention turns to Meydan Racecourse on Saturday where the sport's richest event, the $10 million Dubai World Cup, will be contested. As fans have come to expect, TVG, America's Horseracing Network, will provide live coverage.

World's most expensive bag up for sale in Dubai for $3.8 m
The most expensive bag in the world, which is made out of 18 carat gold and studded with 4,517 diamonds, is on sale in Dubai for 13.9 million dirhams (3.8 million dollars).

Dubai airports to raise capacity to 90 m. passengers with $ 5.9 bn.investment
Khalifa Al Zaffin, the Executive Chairman of Dubai World Central, said that the emirate plans to increase the capacity of the Dubai International Airport and the Al Maktoum International Airports to 90 million passengers annually by making investments amounting to 5.98 billion dollars.

Moelis & Company Expands to Asia; Acquires Hong Kong-Based Asia Pacific Advisers
Moelis & Company, the New York-headquartered independent investment bank, has announced its plans to expand into Asia with the acquisition of Asia Pacific Advisers (“APA”), an independent financial advisory firm based in Hong Kong

Dubai's paradise isles are sinking, say experts
Experts have warned that the luxury islands in Dubai shaped like countries of the world are sinking into the sea.

Moelis & Company Opens Dubai Office; Expands to Middle East
Moelis & Company, the New York-headquartered independent investment bank, today announced the establishment of a new office in Dubai, United Arab Emirates to Mark its Presence at The Hotel Show in Dubai
-- The Hotel Show is one of the most prestigious trade events in the hospitality sector -- New designs and product lines to be showcased at the trade show -- to represent Indian SMEs at the event The small scale enterprises catering to the hospitality industry will be given another boost as the world's renowned trade event, The Hotel Show, is about to kick off in Dubai

Superbus world prototype to be presented at the 59th UITP Congress & Exhibition in Dubai

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