White House national security spokesman John Kirby reiterated that the Biden administration is seeking to avoid an escalation in the region
According to the group, Abdul Wahid passed away "suddenly and unexpectedly" on Thursday morning at Dubai's Rashid Hospital. He was 83 years old.
"It is with great sadness that we announce today the passing of a father a leader Abdul Wahid Rostamani," AW Rostamani Automative CEO Michael Ayat said in a statement. "His drive to excellence, determination, can-do spirit and commitment to everyone in this organization will inspire and stay with us always."
"On behalf of our Board of Directors, executive management team and employees, we mourn his loss and extend our deepest sympathies to his family," Ayat added.
Since the group as founded, AW Rostamani became one of the largest conglomerates in the UAE, with interests in various industries including automobiles, real estate, logistics, retail and luxury. The group employs over 3,000 people.
Rostamani - who was 64th on the Forbes list of the world's richest Arabs - also held a 5.75 per cent stake in the Commercial Bank of Dubai, as well as a 16.77 per cent stake in Dubai Insurance.
reporters@khaleejtimes.com
White House national security spokesman John Kirby reiterated that the Biden administration is seeking to avoid an escalation in the region
The latest strike came days after deadly sabotage attacks on Hezbollah's communications devices sent tensions soaring.
Firefighters responded within five minutes and the blaze was brought under control
The Green Spine, designed by URB in collaboration with EPIC Lab, promises to redefine urban mobility through 100 per cent solar-powered trams and eco-conscious infrastructure
The Israeli military said in a statement that it carried out a targeted strike
The hosts were 81-3 at stumps in their second innings on day two in Chennai, as they extended their lead to 308
The competition will be a key highlight of the third edition of the 1 Billion Followers Summit, taking place from January 11 to 13, 2025