The government of Dubai has transferred ownership of Emirates airline and air travel services firm Dnata to state-owned Investment Corporation of Dubai (ICD), Emirates said yesterday. The airline did not give a reason for the move and it was not immediately clear if the decision might be linked to a move towards privatising the carrier or selling a stake in it. 'The transfer does not affect the management structure nor any of our contracts with employees, suppliers or other third parties,' a spokesman said.
You might also like...
Al Ula seeks equestrian village interest
26 April 2024
Morocco seeks firms for 400MW wind schemes
26 April 2024
Countries sign Iraq to Europe road agreement
26 April 2024
Jubail 4 and 6 bidders get more time
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.