NY Koen Group
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NY Koen Group
NY Koen Group is a multinational holding company involved in diamonds, private aviation, digital technologies, tourism, construction and security with executive offices in Dubai, and operational offices in Ukraine. The corporate office is located on board Queen Elizabeth 2. History Group’s chief executive officer, Naum Koen, founded the company in 2006, as a diamond-cutting and supply business. Amber Palm In 2017, Amber Palm, a subsidiary of NY Koen Group, has presented the world’s first amber stone mosque at the Burj al Arab hotel in Dubai. GEMGOW In July 2020, it was reported that GEMGOW, a subsidiary of NY Koen Group, an online platform to facilitate trade of precious stones, would sell a 25% stake to HBK Holding, a holding company owned by Sheikh Hamad bin Khalifa Al Nahyan. Israir / Aero Private Jet In October 2020, it was announced that Israir Airlines is being auctioned off, the bids need to be submitted by November 8. On October 13, Dubai-based NY Koen Grou ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Naum Koen
Naum Koen (Russian: Наум Коен) is an UAE-based Israeli-Ukrainian businessman and philanthropist who is the founder and CEO of NY Koen Group. Koen is the chairman and founder of the Jewish Community Center of UAE. He was named Honorary Chairman of Beitar Jerusalem Basketball Club. Personal life Naum Koen was born in the USSR, his name at birth being Nakhshun Nakhshunov. His family relocated to Ofakim, Israel from the city of Derbent, Russia when he was 13 years old. After a brief service in the IDF, Koen relocated to Ukraine, where his first business venture was a shawarma shop at a university campus. From thereon he became involved in real estate and the luxury import car business. Naum Koen is married to Yevgeniya Koen and they have 4 children: Daniel, Miryam, Sofya, and Sara. He resides in Dubai. His wife is the founder and CEO of Jeni Coin, a jewelry company wholly owned by NY Koen Group, which has boutiques in multiple countries including Ukraine. Career Koen Start ...
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Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian invasion, it was the eighth-most populous country in Europe, with a population of around 41 million people. It is also bordered by Belarus to the north; by Poland, Slovakia, and Hungary to the west; and by Romania and Moldova to the southwest; with a coastline along the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and largest city. Ukraine's state language is Ukrainian; Russian is also widely spoken, especially in the east and south. During the Middle Ages, Ukraine was the site of early Slavic expansion and the area later became a key centre of East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. The state eventually disintegrated into rival regional po ...
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Queen Elizabeth 2
''Queen Elizabeth 2'' (''QE2'') is a retired British ocean liner converted into a floating hotel. Originally built for the Cunard Line, the ship, named as the second ship named ''Queen Elizabeth'', was operated by Cunard as both a transatlantic liner and a cruise ship from 1969 to 2008. She was then laid up until converted and since 18 April 2018 has been operating as a floating hotel in Dubai. ''Queen Elizabeth 2'' was designed for the transatlantic service from her home port of Southampton, UK, to New York, United States and was named after the earlier Cunard liner . She served as the flagship of the line from 1969 until succeeded by in 2004. ''Queen Elizabeth 2'' was designed in Cunard's offices in Liverpool and Southampton and built in Clydebank, Scotland. She was considered the last of the transatlantic ocean liners until "Project Genesis" was announced by Cunard Line in 1995 after the business purchase of Cunard by Mickey Arison; chairman of Carnival and Carnival UK. Pr ...
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Burj Al Arab
The Burj Al Arab ( ar, برج العرب, ''Arab Tower'') is a luxury hotel located in the city of Dubai, United Arab Emirates. Managed by Jumeirah hotel group, it is one of the tallest hotels in the world, although 39% of its total height is made up of non-occupiable space. Burj Al Arab stands on an artificial island that is from Jumeirah Beach and is connected to the mainland by a private curving bridge. The shape of the structure is designed to resemble the sail of a ship. It has a helipad near the roof, at a height of above ground. Site The beachfront area where Burj Al Arab and Jumeirah Beach Hotel are located was previously called Chicago Beach.Krane, Jim ''City of Gold: Dubai and the Dream of Capitalism'', page 103, St. Martin's Press (15 September 2009) The hotel is located on an island of reclaimed land, offshore of the beach of the former ''Chicago Beach Hotel''. The former hotel was demolished during the construction of the Burj Al Arab. The locale's name ...
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Hamad Bin Khalifa Al Nahyan
Hamad may refer to: People * Hamad (name), an Arabic given name and surname *Hamad ibn Isa Al Khalifa (1872–1942), Ruler of Bahrain from 1932 until his death in 1942. *Hamad bin Isa Al Khalifa, King of Bahrain since 2002. Cities and villages * Hamad Town, also known as Madinat Hamad, a city in northern Bahrain * Abu Hamad, also spelt Abu Hamed, a town of Sudan Other locations * Hamad International Airport, the international airport facility in Doha, Qatar. * Hamad Port, Qatar's main seaport, located south of Doha. * Hamad Bin Khalifa University (HBKU), a research university, in Education City, Qatar. * Hamad Aquatic Centre, large swimming pool complex in Doha, Qatar. * Hamad bin Khalifa Stadium, also known as Al Ahli SC Stadium, a football stadium in Doha, Qatar. *Grand Hamad Stadium, also known as the Al-Arabi Sports Club stadium, multi-purpose stadium in Doha, Qatar. * Jassim bin Hamad Stadium also known as al-Sadd Stadium), multi-purpose stadium in Doha, Qatar. * Suheim bin ...
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Israir Airlines
Israir Airlines Ltd., more commonly referred to as Israir, is an Israeli airline headquartered in Tel Aviv. It operates domestic scheduled and air taxi flights from Ben Gurion International Airport, Ramon Airport, and Haifa Airport as well as international charter services from Ben Gurion International Airport to Europe and Asia. It also operates VIP flights, and is Israel's second-largest airline after El Al, surpassing Arkia Israel Airlines during the Coronavirus pandemic, employing some 350 staff. History Israir Airlines was established in 1989 as Kanfei HaEmek (Valley Wings) before changing its name to Israir Airlines in 1996. It is now wholly owned by the Ganden Group. The airline began with domestic services from Eilat Airport, Ben Gurion International Airport, Sde Dov Airport, and Haifa Airport in the north of the country. It expanded its operations to begin international charter flights in 1999, building up a route network that now covers much of Europe, as well as r ...
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Israel–United Arab Emirates Normalization Agreement
The Israel–United Arab Emirates normalization agreement, officially the Abraham Accords Peace Agreement: Treaty of Peace, Diplomatic Relations and Full Normalization Between the United Arab Emirates and the State of Israel, was initially agreed to in a joint statement by the United States, Israel and the United Arab Emirates (UAE) on August 13, 2020, officially referred to as the Abraham Accords. The UAE thus became the third Arab country, after Egypt in 1979 and Jordan in 1994, to agree to formally normalize its relationship with Israel, as well as the first Persian Gulf country to do so. Concurrently, Israel agreed to suspend plans for annexing parts of the West Bank. The agreement normalized what had long been informal but robust foreign relations between the two countries. The agreement was signed at the White House on September 15, 2020. It was approved unanimously by the Israeli cabinet on October 12 and was ratified by the Knesset on October 15. The UAE parliament ...
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Companies Established In 2006
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ...
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