Wednesday 30 April 2014

Former DIFC governor tries Marka for size with investment stake | The National

Former DIFC governor tries Marka for size with investment stake | The National:



"Welcome back, Omar bin Sulaiman. The former governor of the Dubai International Financial Centre, who left that position at the height of the financial crisis as the Dubai authorities purged some of the top jobs in the Emirates, is back in the public eye, having kept a low profile for the past few years.



Mr bin Sulaiman appears in the prospectus for Marka, the investment vehicle that plans big things in the retail, luxury and restaurant business in the Arabian Gulf region. Marka recently got away with a hugely successful initial public offering, attracting some US$2.7 billion worth of interest for $75 million of shares on offer, or around 36 times oversubscribed."



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