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Nakheel Properties
Nakheel Properties () is a real estate development company based in Dubai, United Arab Emirates. The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. Nakheel was central to Dubai's debt crisis in 2009–2010. The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. On 16 March 2024, Nakheel, along with Meydan Racecourse, Meydan, was merged into Dubai Holding and ceased to be a separate entity. History Nakheel was founded in 2003 as a subsidiary of state-owned Dubai World and a private state-owned enterprise. The company was involved with a sukuk, which raised legal issues in 2009. This sukuk has been the subject of academic study. It was reported to be the largest ever sukuk. In 2010, Sultan Ahmed bin Sulayem was replaced as chairman of Dubai World. The same year, the company started payments for creditors. In 2011, the compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the Perpetual succession, continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Governance
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may be defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, corporate law law, or management) often adopt narrow definitions that appear purpose specific. Writers concerned with regulatory policy in relation to corporate governance practices often use broader structural descriptions. A broad (meta) definition that encompasses many adopted definitions is "Corporate governance describes the processes, structures, and mechanisms that influence the control and direction of corporations." This meta definition accommodates both the narrow definitions used in specific contexts and the broader descriptions that are often presented as au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American University Of Sharjah
The American University of Sharjah (AUS; Arabic: الجامعة الأميركية في الشارقة) is a private university in Sharjah, United Arab Emirates. It was founded in 1997 by Sultan bin Muhammad Al-Qasimi, Supreme Council Member and Ruler of Sharjah. Located in University City in Sharjah, AUS has more than 5,000 students from more than 94 countries and a full-time faculty of more than 360 from 48 countries. AUS offers 26 majors and 48 minors at the undergraduate level, as well as 16 master's degrees, and a PhD in Engineering Systems Management. The university is organized into three colleges and one school. The university is licensed by the Commission for Academic Accreditation of the Ministry of Higher Education and Scientific Research (UAE) in the United Arab Emirates. The American University of Sharjah is accredited in the United States by the Middle States Commission on Higher Education. History The American University of Sharjah was founded in 1997 by the E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Restructuring
Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial distress is called " refinancing". Out-of-court restructurings, also known as s, are increasingly becoming a global reality. Motivation Debt restructuring involves reduction of debt and an extension of payment terms and is usually less expensive than bankruptcy. The main costs associated with debt restructuring are the time and effort spent negotiating with bankers, creditors, vendors, and tax authorities. In the United States, small business bankruptcy filings cost at least $50,000 in legal and court fees, and filing costs in excess of $100,000 are common. By some measures, only 20% of firms survive Chapter 11 bankruptcy filings. Historically, debt restr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Law Review
Delinian (formerly Euromoney Institutional Investor) is a British financial media company that has interests in business and financial publishing and event organisation. , it was one of Europe's largest business and financial information companies. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by private equity groups, Astorg and Epiris, in November 2022. History Euromoney magazine was founded by Sir Patrick Sergeant in 1969 as an international business-to-business media group focused primarily on the international finance sector. The costs to launch the magazine were covered with £6,000 from Associated Newspapers and £200 from Sergeant himself and a number of other Mail employees, with Hambros Bank putting up stand-by credit. Padraic Fallon joined the magazine as editor. He would takeover as chairman and executive after Sergeant, overseeing the company until his death in 2012. Patrick Sergeant continued to mana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Publicist (journal)
The ''Berkeley Journal of International Law'' is an academic journal covering international law. It is run and edited by students at UC Berkeley School of Law. It was established in 1982 as the ''International Tax & Business Lawyer''. The journal publishes articles on public and private international law and comparative law Comparative law is the study of differences and similarities between the law and legal systems of different countries. More specifically, it involves the study of the different legal systems (or "families") in existence around the world, includ .... It also publishes reviews of new books in the field. , the ''Berkeley Journal of International Law'' was the 26th most cited international law journal in the United States, according to the W&L Law Journal Rankings. The journal publishes two issues per year and on its website also publishes the ''Publicist'', "an online-only journal that allows for faster publication of ideas in a shorter and more accessible f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sukuk
Sukuk (; plural of ) is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds. Sukuk are defined by the AAOIFI ( Accounting and Auditing Organization for Islamic Financial Institutions) as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets." The Fiqh academy of the OIC legitimized the use of sukuk in February 1988.Visser, Hans. 2009. ''Islamic finance: Principles and practice.'' Cheltenham, UK and Northampton MA, Edward Elgar. p.63 Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.251 Sukuk were developed as an alternative to conventional bonds which are not considered permissible by many Muslims as they pay interest (prohibited or discouraged as Riba, or usury), and also may finance businesses involved in activities not permitted under Sharia (gambling, alcohol, pork, etc.). Sukuk securities are structured to comply with Sharia by paying profit, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Holding
Dubai Holding () is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's global investment holding company and personal investment portfolio. Mohamed al-Gergawi built the company's portfolio. Sheikh Ahmed bin Saeed al-Maktoum was appointed chairman by the Dubai ruler. Dubai Holding has over in assets in 13 countries and around 20,000 employees worldwide. In 2021, leaks from the Pandora Papers about a secretive offshore system used to hide income from tax authorities and creditors revealed that Dubai Holding used three shell companies. History Dubai Holding was established in 2004. * 2004: Madinat Jumeirah opened as a themed Arabian resort. * 2005: Dubai Studio City was announced. * 2005: du, a telecom provider company, was launched. * 2005: Dubai International Academic City opened. * 2006: Emirates International Communications (EIT) launched, and invested in communication organizations across the Middle East, Europe, Africa and South Asia, including Interoute Commun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meydan Racecourse
Meydan Racecourse is a racecourse in Dubai, United Arab Emirates. The grandstand is a half mile in length, and can accommodate over 60,000 spectators. Meydan opened on 27 March 2010, replacing Nad Al Sheba Racecourse, which formerly occupied the same site. It includes a horse racing museum, gallery and five-star hotel and nine-hole golf course. When not in use for racing it serves as a business and conference centre. The track's interior was also used as a filming location for the film ''Star Trek Beyond'', depicting the docking bay where the USS ''Enterprise'' is moored, including the bar scene during the film's climax which contains a ship construction bay. On February 16, 2024, Saffie Osborne became the first female jockey to win a race at Meydan, winning the Lord Glitters Handicap. The Meydan grandstand The Meydan Racecourse includes Meydan Marina, The Meydan, the world's first five-star trackside hotel with 285 rooms, two race tracks and the Grandstand, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
