Dubai replaces head of DIFC
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Dubai replaces head of DIFC

 
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muhammedq
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Joined: 03 Apr 2007
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Dubai replaces head of DIFC

Posted on Fri 20 Nov 2009 21:40 by muhammedq
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Reuters 20 November 2009:
Dubai replaces head of DIFC

DUBAI - Dubai's ruler has removed Omar Bin Sulaiman from his post as governor of the Dubai International Financial Centre (DIFC), replacing him with Ahmed Humaid al-Tayer, an official statement said on Friday.

The decision by Sheikh Mohammed bin Rashid al-Maktoum to appoint Tayer was part of efforts to "improve performance in Dubai government and semi-governmental departments" and to boost the emirate's position as a global financial, trade and tourism centre, his office said in a statement.

Tayer, a former cabinet minister, also has experience from senior positions in areas including banking and finance.

Dubai's government set up the DIFC in 2002 in an effort to turn the regional trading and tourism hub into a world financial centre on par with Singapore and Frankfurt.

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sammy
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Joined: 25 Nov 2007
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Posted on Mon 23 Nov 2009 11:41 by sammy
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i have seen this guy in dubai tv intervciews couple of times in the past few months, and he was always trying to act as if Dubai is out of the crises, he was under estimating everything around him, I knew he wont stay long, because if you want to build an economy, then talking is cheap, people need results.

So thanks for kicking him out, he didnt deserve this position.

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