Tag: Dubai World

The newly constituted Board of Directors of Istithmar World, a premier investment company with a broad international portfolio across North America, Europe, the Middle...

Atlantis The Palm, Dubai’s megaresort flagship has 1,537 rooms, a world class waterpark and 18 restaurants Atlantis, The Palm Dubai is a best performing assets...

UAE looks better placed than other markets in CEEMEA at the current time.

The United Arab Emirates' economy is expected to grow by 4.2 percent in real terms this year, according to the National Bureau of Statistics. Real...

Dubai Holding's main unit, Dubai Holding Commercial Operations Group (DHCOG) may sell its entire telecom portfolio by 2015 in order to pay back contractor...

The Board of Directors of Dubai World (the “Company”) today announced it had appointed two new senior managers to the team that oversees the...

Proposed rule amendments in line with evolving case requirements New rules available on Tribunal website for one month period starting Public consultation underpins commitment to...

“The World”, an archipelago of artificial islands reclaimed a few kilometres off the Duba’s coastline is almost forgotten. Nakheel, the developer behind it, which is...

The Government of Dubai today reiterated its commitment to provide necessary information and updates on Dubai World (the "Company") and its businesses ahead of...

According to UBS AG and Moody’s Investors Service, Dubai World’s approval from creditors to change the terms on $24.9 billion of debt is likely...

Dubai World (the “Company”) announces that it held a meeting in Dubai today with its creditor banks to present formally the proposed...

The board of Dubai World subsidiary Nakheel will take over the responsibility of Limitless, another developer owned by the Dubai World, and...

Dubai World has been seeking to sell Inchcape Shipping Services (ISS). The port and shipping agent was put up for sale recently by...

Last week Dubai World announced that it was creeping closer to a deal with its creditors. Welcome news not only for investors,...

Dubai World (the “Company”) is pleased to announce today that headline economic terms have been agreed in principle with the Coordinating Committee (“CoCom”), representing...

Lenders to Dubai World  have accepted an offer from the conglomerate to settle $14.2 billion in outstanding bank claims, according to a report in...

As part of its $9 billion recapitalization plan, Nakheel - part of Dubai World conglomerate, offered a ray of hope for investors in its...

The executive board of Nakheel was completely reshuffled today, reported Reuters. The Dubai government said in a statement the new board would help prioritize...