Dubai World: Who's who

The $4.1 billion sukuk issued by Nakheel will be repaid. Nakheel is part of Dubai World. Know more about UAE's largest holding company

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Chairman
Sultan Ahmad Bin Sulayem

CEO
Jamal Majid Bin Thaniah

Ports and Free Zones World

Mohammad Sharaf
DP World

· Operator of 49 marine terminals and 12 new developments

Salma Hareb
Economic Zones World

· JAFZA
· GAZELEY
· Techno Park
· Dubai Auto Zone

Nakheel

Chris O Donnell

· Palm Jumeirah
· Palm Jebel Ali
· Palm Deira
· The World
· Jumeirah Islands
· Jumeirah Village
· Jumeirah Park
· Jumeirah Heights
· Discovery Gardens
· International City
· The Gardens
· Al Furjan

Limitless

Saeed Ahmad Saeed

· UAE: Arabian Canal, Downtown Jebel Ali
· Saudi Arabia: Al Wasl
· Jordan: Sanaya Amman
· Malaysia: Puteri Harbour
· Vietnam: Halong Star
· Russia: Khimki Region, Moscow, Russia

Istithmar

David Jackson

· Istithmar World Capital
· Istithmar World
· Istithmar World Aviation Holdings

Drydocks

Jeff Taylor

· Drydocks World: Scandinavia, Japan, Southeast Asia, Singapore
· Labroy Marine Pte Ltd
· PT Batam Maritime Centre
· Platinum Yachts
· FZCO
· Platinum Yachts Managements
· Palm Marine

Retailcorp

Abdul Wahed Al Ulama

· Auchan
· Ibn Battuta Mall
· Dragon Mart

DMC (Dubai Maritime City)

Amer Ali

· Maritime Centre
· Harbour Offices
· HarbourResidences
· Dubai Maritime City Campus
· Marina District
· Industrial Precinct managed by Drydocks World Dubai

DMCC (Dubai Multi Commodities Centre)

Ahmad Bin Sulayem

· Dubai Gold and Commodities Exchange
· Dubai Cotton Centre
· Dubai Commodity Asset Management
· Dubai Diamond Exchange
· Dubai Gold Securities
· Dubai Tea Trading Centre
· Global Multi Commodities Receipt
· Int’l Diamond Labaratories

Companies and/or projects mentioned do not reflect complete listing

Dubai World in numbers

$80b was the total value of Nakheel's assets - at its peak in 2008
$59b has been the outstanding total debts of Dubai World as at November 2009
$26b worth of debts is being restructured
$6b worth of sukuks are up for payment (between December 2009 and June 2010)
$4.1b is being paid to sukuk holders
$21.9b will have to be paid after restructuring of Dubai World 
$25b raised by Dubai Government through bonds and support fund
$80b is estimated to be the total debt of Dubai Government and its commercial entities

 

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