At the beginning of this year London’s Sunday Telegraph reported that Nakheel, which owns the Palm Jumeirah, the world’s biggest artificial island, is working with investment bank JPMorgan Chase on a plan to raise up to $15 billion by floating its shares.
The stocks could be listed on Nakheel’s home exchange, Nasdaq Dubai, and in London, however the exact time of the issue is not given yet. Continue reading
Dubai Tours- Godolphin StablesThe Godolphin Stables houses a thorough breed of race horses. It is the Maktoum family’s private horseracing stable. It was originally built by Frederick Stanley some time in 1903 in the horse racing town of Newmarket in Suffolk, England, and was then called as the Stanley House Stables. Later in 1992, it was acquired by [...]
- Robot JockeysA visitor in Dubai watching traditional camel racing may be surprised by the view of animals running without jockeys, instead carring on their back the small, jet colorful machines – Robot Jockeys. UAE is said to be a land of camels. Having more than two million camels in the whole country, no doubt camel racing [...]
- Dubai AirportWithin the city lies the famous Dubai International Airport, an aviation hub that is centered in the Middle East. With a wide array of flight destinations all over the world, it caters to more than 200 world destinations and around a hundred airlines.
- Godolphin Stables
