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IN
THE NEWS  |
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Mr.
Farooq Arjomand a success story |
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Farooq Arjomand, Director - AMLAK Finance
Mr. Farooq Arjomand began his career with
AMLAK Finance as Vice Chairman and became
Member of the Board of Directors and Executive
Committee Member in 2001.
His extensive knowledge and experience of
the mortgage finance industry puts him in
a prime position to serve as a consultant
for Amlak. Born in 1959 in Dubai and the
brother of 9 siblings, Mr. Farooq credits
his father’s integrity and business
success stories with the accomplishments
that he’s enjoyed with his own personal
career.
Prior to joining AMLAK Finance, Mr. Arjomand
worked for the internationally recognized
HSBC bank as a Senior Manager for the Middle
East Region. |
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Learjet
60 makes a Majestic start to Dubai charter |
Source: BUSINESS AIR NEWS (May,
02 2007)
Dubai's newly-launched Majestic has chosen
a Learjet 60 to spearhead the building of
a fleet targeting the growing Arab Gulf
charter sector. Majestic is already evaluating
Challenger 604s and may add longer range
capability as business is established.
Michael Makarius, director of sales, says:
"The Learjet is just two years old and has
not more than 620 hours of total time, so
it is in a great condition. Also the range
of more than 2,200 n.m. is impressive, it
can take you from Dubai up to Moscow non-stop."
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PLET
unveils project Institutional Laundry Services |
Source: AME INFO (January, 14 2007)
From plans to paper and now to reality,
the all new ILS Institutional Laundry Services
operating from Jebel Ali will soon be available
to the Dubai hospitality industry
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Dubai
debutant, Majestic, plans fleet purchases |
Source: BUSINESS AIR NEWS (September,
29 2006)
A new Dubai-based charter company plans
to include Challenger 604 and Falcon 900
aircraft in its launch fleet. Majestic Executive
Aviation and Luxury Travel, formed in April
this year, confirms it is close to acquiring
its own aircraft.
The shareholders in Majestic include UAE
based investors as well as TraVcon, an executive
flight brokerage based in Zuerich, Switzerland,
and Omni Aviacion of Portugal. Omni is one
of the largest private aviation operators
in Europe with subsidiaries in Portugal,
France and Brazil. It currently owns or
operates 40 executive aircraft as well as
two Airbus 319 in VVIP configuration
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