Law No. (27) of 2008
Transferring the Ownership of Dnata World Travel to the Investment Corporation of Dubai
We, Mohammed bin Rashid Al Maktoum, Ruler of Dubai,
After perusal of:
- Decree No. (3) of 1989 Establishing Dnata World Travel and its amendments;
- Law No. (11) of 2006 Establishing the Investment Corporation of Dubai and its amendments; and
- Decree No. (36) of 2008 Amending Decree No. (3) of 1989 Establishing Dnata World Travel,
Do hereby issue this Law.
Article (1)
Effective as of the date this Law comes into force, the ownership of Dnata World Travel and all its rights and obligations will be transferred from the Government of Dubai to the Investment Corporation of Dubai.
Article (2)
This Law will be published in the Official Gazette and will come into force on the day on which it is published.
Mohammed bin Rashid Al Maktoum Ruler of Dubai
Issued in Dubai on 23 November 2008 Corresponding to 25 Thu al-Qidah 1429 A.H.
Footnotes:
¹ Every effort has been made to produce an accurate and complete English version of this legislation. However, for the purpose of its interpretation and application, reference must be made to the original Arabic text. In case of conflict the Arabic text will prevail.