It has appeared that Dubai World and MGM Mirage, the hotel and leisure complex, is mulling to undertake a hiring spree for 12,000 staff, four months after the CityCenter project in Las Vegas was saved from bankruptcy by its shareholders.
The company explained this recruitment drive for jobs at ARIA Resort and Casino, Vdara Hotel and Crystal's retail district as the single largest hiring effort in the nation. The jobs include space for bartenders, cooks, prop handlers, slot operators and manicurists.
Bobby Baldwin, the president and chief executive of CityCenter told, "We're proud to celebrate this significant milestone as we begin to extend job offers to 12,000 deserving individuals. This is more than a collection of resorts; we see it as a beacon of hope for a future of renewed economic vitality in Las Vegas."
Previous month Jim Murren, MGM's chief executive said that Las Vegas prices have decreased by 53% between August 2006 and May this year. Re-pricing of homes has been done by the company, which is trying to acquire extra financing from banks for its customers.
One of Dubai's largest profile investments outside the UAE is CityCenter, with a 50% stake in the project being bought in 2007, for Dh9.9 billion (US$2.69bn).
However, the problems with the project's schedule and MGM Mirage's capability to continue support the project led Dubai World to file a lawsuit against MGM Mirage for an alleged breach of its agreement earlier this year.
Finally, MGM Mirage made a debt payment of a Dh734.6 million that helped in continuing with the construction, and the two sides have since downplayed the dispute.
