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Thursday, 26 November 2009 21:27 UAE time

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Investors welcome Hydra Properties shake-up

by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 18 June 2009
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Posted on Saturday, 22 August 2009

Hydra



What happens to customers that had mortgages approved for hydra projects and after a year and a half later we are told by the bank that there is no MOU with Hydra properties anymore ? Any decent developer would of returned the money invested to the customers by now ,both Hydra properties and the finance company Aseel have deceived hundreds of people ,majority of customers we just want a way out of our investment with this fraudulent company.Do no change the CEO ...give me my money back.

 

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Posted on Monday, 22 June 2009

Hydra CEO



Mr. Al Fahim probably thought he was doing a favour by being in the limelight for things completely unrelated to the core business of Hydra. THat real silly program Hydra Executives and then the "MoU" for buying Portsmouth.The deal is no where close to actual completion. He was also sidelined when he announced his desire to buy Kaka and Ronaldo after buying Manchester CIty. This Country needs real leaders with experience and substance.

 

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Posted on Thursday, 18 June 2009

Construction



Construction hasn't really even started on a meaningful level, and what is being done is not a proper structure. Investors should beware of this.

 

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Congratulations To Al-Fahim his new position as a member of the board of directors



Congratulations To Al-Fahim his new position as a member of the board of directors, this position is appropriate for Al-Fahim, who is now busy with the many positions that he is in charge of such as the Ambassador Extraordinary to United Nations or the president of the Arab Union for the development of real estate transactions in addition to the acquisition of the English club Portsmouth.

 

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Hydra shake up



Regardless of who the CEO of Hydra is, they need to establish a reputation based on delivery of projects and customer service. No amount of advertisments and PR can substitute these requirements. Without such a reputation, I don't think anyone in the future will touch Hydra with a barge pole.

 

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Onwards and Upwards



It's basically a polite way from the Hydra Investors Committee of saying Hydra are far better off without Al Fahim. The company is a long way behind where it should be at the moment. Hopefully things will now start to improve.

 

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Hurts your ego



Young al Fahim must be nursing a bruised ego as everyone makes nice noises about why he was moved upstairs. He failed completely to turn the tide of investor and public opinion and Hydra is today scrambling for a new spiel. The new CEO might have a honeymoon period, but it will be a short one, as it is clear that something is fundamentally wrong with the business model.

 

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