News

Mohammed unveils Falcon & Associates

By Staff Writer Published: 2009-06-30T20:00:00+04:00
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A law establishing Falcon and Associates, which will "work to bring knowledge, support and strategic thinking to Dubai", has been issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, in his capacity, as Ruler of Dubai.

"The Falcon and Associates will look towards building on Dubai's success to date and assist in fulfilling its long-term potential", a statement said yesterday.

The company's activities will focus on Dubai and key markets around the world for the emirate to achieve inward and outward social, economic and trade related goals. Co-ordination among Falcon and Associates and the relevant government agencies and sectors, as outlined in the decree, will be central to achieving success, the statement said.

"Falcon and Associates will be working to deepen the understanding and appreciation of the vision for Dubai both nationally and internationally. It shall establish and own media-related commercial institutions and companies, through full ownership or by holding shares or stocks, in collaboration and co-ordination with the Media Office of the Ruler of Dubai,"?it said.

"To ensure the sustainability of Dubai's global position and success, the company will, in collaboration with permanent or non-permanent committees that its board can establish as it deems necessary, develop products, partnerships and initiatives," it said

Sheikh Mohammed appointed Ahmad Abdullah Al Shaikh, the Media Escort of the Ruler of Dubai and Managing Director of His Highness' Media Office, as Chairman of Falcon and Associates. Sheikh Mohammed also appointed John Ferguson as Vice-Chairman of Falcon and Associates and Giselle Davies as Chief Executive.

The law, decree and decision are effective from the date of issuance and will be published in the official gazette soon, the statement said yesterday.

 

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