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DIC to replace CEO; core banks agree to debt plan

Lenders signing off on company’s debt restructuring

December 16, 2010 4:13

DIC board ‘was dissolved in January’

Investment arm is now under direct control of Dubai Holding, confirms statement.

June 13, 2010 3:07

Emirates finance chief: Dubai can resolve new woes

Dubai will ride out its latest financial troubles without a federal bailout for another major investment company seeking postponement of…

May 30, 2010 2:51

DIC to delay bank repayment for 3 months

Dubai Holding's company reaches agreement with six banks to postpone repayment of more than $1 billion.

May 28, 2010 11:03

Dubai sells stake in Legoland owner

Dubai International Capital sells two-thirds of its stake in theme park operator Merlin Entertainments.

February 15, 2010 9:16
Facebook fishing for Dubai’s money?

Facebook fishing for Dubai’s money?

Rumors claim the popular social networking site is in town, the latest in line to try and woo funds in the emirate for cash.

November 4, 2008 12:45