The airline is improving transparency, governance and its balance sheet to be ready to go public if ADQ decides to do so
While this is Crown Prince Willem-Alexander Claus Ferdinand’s first official visit, he has friends in
Crown Prince Willem-Alexander’s visit comes days after credit rating agency Moody’s downgraded the UAE’s rating. Dutch companies exported $1.9 billion to the UAE last year, and Dutch companies here do the drudging and land reclamation work for major developments that have slowed in the last few months.
Van Spronsen stressed the economic similarities between the UAE and the
Since 2004, van Spronsen estimated the number of Dutch people living and working in the UAE has almost quadrupled.
“With an economic slowdown, trade slows down,” Van Spronsen said, emphasising the need to openly address trade concerns. “There is nothing wrong to say it, so we know it.”
The prince will not be signing any formal agreements during his trip, according to van Spronsen. Since the
On his second day in the UAE, the Prince Willem-Alexander will speak at the World Future Energy Summit. While the consulate did not release his speech in advanced, the prince has more than 10 years experience in dealing with water management.
“We have to defend ourselves against the water,” Van Spronsen said. Dutch companies have been responsible for the dredging and reclamation projects on Nakheel’s Palm and World islands.
During his
· emily@khaleejtimes.com
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