|
|
Article: Dubai World plans more hotel projects.
- Article from:
- Gulf News (United Arab Emirates)
- Article date:
- November 19, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Miami: Dubai World is poised to take advantage of the global credit crisis to expand its presence around the world in hotel projects, especially in emerging markets, its chairman, Sultan Ahmad Bin Sulayem, told Gulf News in an exclusive interview.
Speaking on the sidelines of the opening weekend function of the Fontaine-bleau Miami Beach resort - the latest high-profile investment of Dubai World in the United States - Bin Sulayem outlined the investment strategy to make the most of the troubled times ahead.
The chairman stressed the need to see opportunities in times of global financial turmoil. "There are opportunities and you sometimes have to assess ...