Arabtec Holding Co., the United Arab Emirates’ biggest construction company, said Sheikh Butti bin Maktoum Al Maktoum resigned as chairman and will be replaced by Ibrahim Belselah. Arabtec also accepted the resignation of board member Sheikh Sultan bin Saqer Al Qassimi, the Dubai-based company said in a statement today.
Dubai Airports may delay opening Al- Maktoum International Airport to passengers by “months” as the state-owned terminal and runway operator studies the project’s progress, Chief Executive Officer Paul Griffiths said.
Emirates, the No. 1 international airline, won’t be asked to move to Dubai’s new super-hub until 2024, avoiding disruption to its growth as it takes delivery of the world’s biggest fleet of wide-body jets.