Independent journal on economy and transport policy
13:38 GMT+1
Dubai World subsidiaries downsized
(ArabianBusiness.com)
January 14, 2010
by Elsa Baxter ArabianBusiness.com
Dubai World subsidiaries Palm Marine and Platinum Yachts are being downsized as a result of reduced demand amid the global financial crisis, officials have said.
The companies, both divisions of Drydocks World, itself a part of Dubai World, have been merged with the government-owned shipyard Jadaf Dubai, from where they are now operating ...... Read more on ArabianBusiness.com
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