Investment Watch
James Murren Direct Connection to Dubai Saudi Arabia.
During Murren’s tenure, MGM joined with Dubai World in the development of the Las Vegas Strip’s CityCenter. When CityCenter opened in December 2009, it represented the largest single private development and the largest green project ever undertaken in the nation’s history[6][7] and America’s number one generator of new jobs during the Great Recession.[8] Senator Harry Reid said, “The Las Vegas community may never be able to express its appreciation adequately for all that Jim has done, but his hard work hasn’t gone unnoticed. … He is a leader of his generation in job creation, green investment and philanthropy.”[9] Somer Hollingsworth, President and CEO of the Nevada Development Authority, called CityCenter “the most exciting and impactful project to open for the foreseeable future.”[10] Under Murren’s leadership, MGM broke ground on May 1, 2014, on another major project in Las Vegas: a privately financed, state-of-the-art, 20,000-seat arena that it is developing with sports and entertainment company AEG. Continue reading “Main Shareholder and CEO of Mandalay Bay: main partner is the Crown Prince of Saudi Arabia… MANDALAY CEO SELLS 1/2 MILLIONS SHARES MGM 24Tth SEPT!”