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a matter of good corporate practice, to avoid even a hint of a conflict , I recently stepped down from the Board of Dubai Government's holding group Investment Corporation of Dubai (ICD), where , as you know, I had been a director for four years. This is the entity by which the Dubai Government will likely distribute
y which the Dubai Government will likely distribute funding support for its iconic companies, including Dubai World. My decision to step down from the ICD Board will have no negative impact on Dubai World — in fact, quite the reverse; it should be taken as a positive sign regarding future funding. We at Dub
current storm. Consequently, as a matter of good corporate governance, I recently stepped down from the Board of Dubai Government's holding group Investment Corporation of Dubai (ICD), where I had been a director for four years. As Chairman of Dubai World, it would have been a conflict of interest for me to sit
hicle by which the Dubai Government will distribute funding support for its iconic companies, including Dubai World. My decision to step down from the ICD Board has no impact on Dubai World - in fact, quite the reverse; it should be taken as a signal that funding may soon be coming. We at Dubai World, li
current storm. Consequently, as a matter of good corporate governance, I recently stepped down from the Board of Dubai Government's holding group Investment Corporation of Dubai (ICD), where I had been a director for four years. As Chairman of Dubai World, it would have been a conflict of interest for me to sit
hicle by which the Dubai Government will distribute funding support for its iconic companies, including Dubai World. My decision to step down from the ICD Board has no impact on Dubai World - in fact, quite the reverse; it should be taken as a signal that funding may soon be coming. We at Dubai World, li
Entities connected to both Investment Corporation and the ICD Board