Dubai's ruler has been cleared of any wrongdoing following a doping scandal at his Godolphin racing organisation that saw a trainer banned for eight years, an internal report said on Wednesday.
Sheikh Mohammed bin Rashid al-Ma
Godolphin are to close the Newmarket stable of trainer Mahmood Al Zarooni while dope tests are carried out on all racehorses in his care after 11 tested positive for steroids, Dubai's ruler Sheikh Mohammed bin Rashid al-Mak
Dubai's Ruler Sheikh Mohammed bin Rashid al-Maktoum appointed his son as chairman of the Dubai International Financial Centre (DIFC), the emirate's offshore financial district, by decree on Wednesday.
Sheikh Maktoum bin Mohammed bi
Dubai's ruler appointed a new board for Dubai World, the flagship conglomerate which struck a deal to restructure $25 billion in debt earlier, appointing his uncle and key adviser as chairman on Sunday.
The UAE's state news agency
Dubai's ruler is not worried about debt restructuring and the UAE will stay out of a planned Gulf monetary union, favouring a dollar peg, an interview transcript showed.
The economy of the world's third largest oil exporter is expected to
Ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum called on the private sector to work with the government to get through the financial crisis, which was a 'passing cloud', state news agency WAM said.
'(The crisis) is a pass