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Nakheel assets and staff shifted to Istithmar World
- United Arab Emirates: Saturday, September 19 - 2009 at 12:52
Dubai World is shifting top staff along with property assets from Nakheel, its property arm, to Istithmar World, an investment subsidiary, The National has reported. Assets that will be shifted are parts or all of Nakheel Hotels, valued at more than $4bn. Several of Nakheel's top executives will also join Istithmar World.
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Medilyn Manibo, Assistant News EditorSaturday, September 19 - 2009 at 12:52 UAE local time (GMT+4)
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