UAE Investments Worldwide

[Tarrex]

Originally Posted by bizzybonita

Dubai unveils $100m Ethiopia plans

More investments from Dubai, But this time $2 Billion

Dubai to invest $2 Billion in Ethiopia - Capital




Sultan Ahmed Bin Sulayem, Chairman of Dubai World and Abadulla Gemeda, Oromia Regional State President, in talks during the Sultan's visit on Wednesday July 9, 2008 at the president's office. The two discussed investment conditions in the region, concentrating on the tourism sector. Photo Capital


Sultan Ahmed Bin Sulayem, Chairman of Dubai World has signed a deal to construct a pipeline that would link Djibouti with Awash in Ethiopia and rehabilitate the over 100 year old railway line for a staggering two billion dollars.

Sources with the delegation told Capital that the total investment for the rehabilitation of the railway is estimated to be one billion dollars and it would be reconstructed as new to better connect Addis Ababa with the Port of Djibouti.

Furthermore the project would consist, an oil pipeline that would stretch from the Port of Djibouti to Awash some 230 kms East of Addis Ababa with another billion dollars.
The pipeline would greatly decrease the transport cost for fuel.

The Sultan who led investors from Dubai, United Arab Emirates, is also planning to invest 100 million dollars on various sectors in the Oromia Regional State.
The business delegation from Dubai is here to asses the investment climate in Ethiopia after the LPG guru Warda A. Graham owner of Wajag Gas invited the delegation.

Sultan Ahmed Bin Sulaymen signed the agreement to rehabilitate the Ethiopia-Djibouti railway with a billion dollar outlay with Prime Minister Meles Zenawi on Tuesday July 8, 2008.
He also held talks with Abadula Gemeda, President of the Oromia Regional State.
The Sultan came with his two children and visited the city on Tuesday, where the delegation celebrated its achievement.

Holding talks with President Girma Woldegiorgis on Thursday, the Sultan said his company envisages engaging in several investment sectors in Ethiopia in trade, agriculture, mining, catering, real-estate and water sectors by October, 2008.

Sultan Ahmed Bin Sulayem is recognized as one of the leading businessmen of Dubai. As executive chairman of Dubai Ports, Customs & Free Zone Corporation (PCFZ); chairman of Tejari.com, a B2B marketplace; and chairman of the recently established property development company Nakheel, he is quite occupied one could say.

Dubai's PCFZ Corporation has been under Sultan Bin Sulayem's astute management since 2001, and in this time he has streamlined operations and administration to a level achieving record success. Dubai Customs was merged with Jebel Ali Free Zone and the Dubai Ports Authority in 2001 to become the billion-dollar organisation it is today.

Sultan Bin Sulayem is chairman of Nakheel, a real estate and tourism property development firm responsible for the creation of The Palm, the world's two largest man-made islands, constructed in the Arabian Gulf off the coast of Dubai. Heralded as "the eighth wonder of the world," this $3bn-plus development has been a tremendous success, selling out initial release residential properties within days

[Imre]

Originally Posted by korea2002

Dubai, a symbol of emaar (Buzz of Dubai), the North Koreans participate in the reconstruction Ryugyong Hotel? - United Arab Emirates company, the company acquired on the cell phone

United Arab Emirates (UAE) investment company in the mobile phone business in North Korea, a subsidiary of Telecom acquired a ohraseukom said.

The mobile phone business in North Korea and Egypt in ohraseukom Telecom's subsidiaries, one of the best to come (OrasInvest) to the company's investment last month, the United Arab Emirates Abu Dhabi Investment Company (Abu Dhabi Investment Company) to 180,000,000 U.S. dollars in Tossed Radio Free Asia said.

Telecom's investment in the country ohraseukom director Mohamed El-side "about the current financial crisis and in order to survive in the fierce competition in the communications business was to come in to clean up the best," he talk "mobile phone business in North Korea, we do not have any problem , "He said.

Best in the United Arab Emirates at the invitation of the ADIC acquisition live, "ohraseukom Telecom, the mobile phone business in North Korea right now, but is not involved in an argument after a tough time to discuss the issue," he said.

He's come in telecom ohraseukom Best of the cell phone tower construction and maintenance projects, including the need for the operation of the plant parts and packaging, and delivery to the cell phone, saying that the company has been involved in business in North Korea.

United Arab Emirates state-owned real estate development company of the mine exploitation rights in return for the cost of reconstruction supported Ryugyong hotels, he said.



If the United Arab Emirates state-owned real estate development company, or yimareu nakhilinde

Le's forehead Ha ha

Now, to the North Korean capital in Dubai? This is the good news is South Korea and the United Arab Emirates maetneungeot deep image!

[AltinD]

Ok, so EMAAR got mining rights concessions in N. Korea under the promise it will reconstruct/complete the Hotel.

Why would Emaar be interested in mining operations?

[docc]

I guess they are willing to get into pretty much anything that they see a potential for healthy returns in.

[AltinD]

Maybe acting as proxy for other multinationals

[docc]

Quite possibly!

[Imre]

Originally Posted by AltinD

Ok, so EMAAR got mining rights concessions in N. Korea under the promise it will reconstruct/complete the Hotel.

Why would Emaar be interested in mining operations?

Last year I heard that new workers will come to Dubai from Vietnam and North Korea .So maybe this project is just a part of the deal.

[Bon Vivant]

Would love to see soon In Mexico, UAE Companies as EMAAR PROPERTIES, ZABEEL INVESTMENTS, DUBAI WORLD, SAMA-DUBAI, DEYAAR, ISTITHMAR JSPC, LIMITLESS, REEM INVESTMENTS, etc!

[Imre]

gossip, ISTITHMAR will buy the Chicago Spire and will do Dubai Spire there

[AltinD]

Presuming it's true, the Chicagoans and Americans in general, will never let that happen, even if the alternative will be a hole in the ground for (almost) eternity.

[Imre]

http://www.business24-7.ae/Articles/...htakeover.aspx

Abu Dhabi property tycoon Sulaimon Al Fahim is to take over the English Premier League club and current FA Cup holder Portsmouth FC, according to media reports.

[Imre]

Al Fahim confirms Pompey takeover

By

Abdel Hai Mohamed on Thursday, May 28, 2009

The CEO of Hydra Properties, a leading Abu Dhabi property firm, Sulaiman Al Fahim last night confirmed to Emirates Business that he has concluded a deal to take over English Premier League club and current FA Cup holders Portsmouth FC, known colloquially in the league as Pompey.

Speaking from Rome, where he was last night to attend the Champions Trophy final between Manchester United and Barcelona, Al Fahim said he would provide details later.

Al Fahim said that an MoU was signed through his investment vehicle Al Fahim Asia Associates and has been put together by international asset management firm, Falcon Group.

http://www.business24-7.ae/Articles/...f21c6f9f7.aspx

[BinDubai]

Originally Posted by AltinD

Ok, so EMAAR got mining rights concessions in N. Korea under the promise it will reconstruct/complete the Hotel.

Why would Emaar be interested in mining operations?

Emaar has an industrial sub company. Emaar is more of a holding company than just a real estate company.

[Face81]

Sorry for bringing this back from the dead, but I thought this was too good not to post

Dubai ruler responsible for $56M in investments in Saratoga economy
The Business Review - by Robin K. Cooper
Date: Friday, August 12, 2011, 6:00am EDT

A look at the Fasig-Tipton auction...

http://www.bizjournals.com/albany/pr...-gloom-at.html

The ruler of Dubai has invested $56 million into Saratoga’s economy since 2007, building a 100-acre thoroughbred training center, buying elite horses and hiring local contractors.

Sheikh Mohammed bin Rashid Al Maktoum expanded his international racing business into New York and pumped money into the local construction and racing industry as those sectors were being squeezed by the global recession and a shortage of private investments.

The 62-year-old prime minister of the United Arab Emirates and ruler of Dubai spent $18.5 million buying some of the most promising thoroughbreds at Fasig-Tipton’s Saratoga ...

Source:
http://www.bizjournals.com/albany/pr...or-56m-in.html


I am not a member of the site, so I cannot quote the whole article, but you get the picture

[Face81]

A vast £1.5bn port project that will become the UK's biggest creator of jobs will get the official go-ahead in a move likely to be hailed by ministers as a vote of confidence in the British economy.

By Alistair Osborne
5:45AM BST 04 Oct 2011


London Gateway will help address Britain's looming capacity shortage for handling the world's biggest container ships Photo: Alamy


On Tuesday, Dubai-based DP World is expected to set an opening date for London Gateway, a project more than a decade in the planning that is forecast to create 36,000 direct and indirect jobs.

Located 25 miles east of London on the Thames Estuary, the privately-funded port and logistics park will help address Britain's looming capacity shortage for handling the world's biggest container ships.

DP World's commitment to the project will be welcomed by the coalition Government, which has outlined plans for £200bn of largely private infrastructure spending over the next five years – but faced criticism that its deficit-cutting agenda has not been matched by growth policies.

Whether David Cameron will refer to the project in his speech on Wednesday at the Conservative Party conference remains unclear.

The UK-listed DP World, which is controlled by Dubai's ruler Sheikh Mohammed, inherited the London Gateway plan from P&O, which it acquired for £3.92bn in 2006. The deal transformed the company into one of the world's top four container terminal operators.

Despite starting dredging works, there were concerns the company could yet switch its focus to other projects around the world – not least as it is thought not to be receiving any tax breaks from the UK Government.

Studies have shown the 600-hectare port complex could generate £3.2bn of economic benefits a year, creating 2,000 jobs at the port, 10,000 at the logistics park and more than 20,000 in the wider community.

DP World chairman Sultan Ahmed Bin Sulayem will detail the company's plans at a meeting at the site on Tuesday, attended by Business Secretary Vince Cable and Transport Minister Mike Pennning.


http://www.telegraph.co.uk/finance/n...-go-ahead.html

[mwinyi]

updates on this thread?

[I Know]

Aug 18, 2012 - 07:42 -

WAM ISLAMABAD, Aug 18th, 2012 (WAM)--UAE Ambassador to Pakistan Essa Abdullah Al Basha Al Nuaimi UAE has underscored the depth of bilateral relations between the UAE and Pakistan, describing them as excellent and based on common history, religion and culture.

He congratulated in an interview with both Pakistani newspapers The Nation and Nawa-i-Waqt published today, President Asif Ali Zardari and people of Pakistan on the occasion of Independence Day of Islamic Republic of Pakistan, wishing more progress and prosperity to Pakistan.

The UAE envoy said Pakistan was the first country to recognise the formation of the UAE's Union, citing the cooperation ties between the two countries, especially in the areas of economy, trade and social care.

Following are the excerpts of the interview: Q: Pakistan and UAE are two brotherly countries, what are the prospects of further growth of these relations? A: First of all I would like to extend my heartiest and sincere congratulations to President Asif Ali Zardari and people of Pakistan on the occasion of Independence Day of Islamic Republic of Pakistan and I hope and pray that this occasion brings more progress and prosperity to Pakistan. I congratulate also everyone on the occasion of Eidul Fitr.

No doubt that UAE and Pakistan enjoy excellent relations between them with bonds of religion, history and culture, and Pakistan was the first country which recognised the UAE. There is deep cooperation between the two countries in all fields especially in economic and trade sectors and charity work, which is being carried out in different parts of Khyber Pakhtunkhwa province. It is possible to strengthen these bilateral relations to reach a high level in all areas through existence of a joint committee, which holds regular annual meetings.

http://www.wam.org.ae/servlet/Satell...T-LEN-FullNews

[I Know]

Pakistan calls, UAE answers

Over 40 years, the UAE and Pakistan have continued to develop stronger and closer ties. This may explain why Pakistan is the single largest beneficiary of UAE development and emergency aid.

The money has been used to rebuild schools and create towns in earthquake-hit areas of the country. It has also provided shelter and emergency supplies during devastating floods.

"The relationship between our two countries has been strong since the time of Sheikh Zayed, and remains so today with Sheikh Khalifa," said Jamil Ahmed Khan, Pakistan's ambassador to the UAE.

http://www.thenational.ae/news/uae-n...ls-uae-answers

[I Know]

A fine investment indeed

UAE opens mosque at Kabul University


Kabul: A mosque named after the late Shaikh Ahmad Bin Zayed Al Nahyan was opened at Kabul University campus by Yousuf Khamis Al Ali, the UAE’s ambassador to Afghanistan.

The opening ceremony of the mosque, which can accommodate 2,500 worshippers, was attended by Dr Mohammad Yousuf Niazi, Afghanistan’s minister of Haj and Islamic affairs, and senior officials.

Dr Niazi paid tribute to the UAE for its consistent, generous support for humanitarian and charitable causes. “The mosque stands testimony to the giving, generosity and love of UAE people to charity,” he said.

http://gulfnews.com/news/gulf/uae/ge...sity-1.1061591