A company linked to Malaysian billionaire Robert Kuok is close to a deal to buy a majority stake in the Southeast Asia operation of Dubai shipbuilder Drydocks World, two sources said on Tuesday.
June 27, 2012 9:59
Yesterday Dubai Drydocks unveiled plans to build the World Discus Hotel– a discus-shaped underwater hotel. Kipp takes a look at some of the other unusual hotel accommodations from around the world…
May 3, 2012 4:14
Dubai World's shipbuilding unit has gotten 98 percent of creditors signed up to its $2.2 billion restructuring plan with all but one agreeing to the terms, its chairman said.
April 4, 2012 4:28
A US-based hedge fund said it has won a $72 million legal claim against Dubai's Drydocks World for defaulting on a loan, putting the ship builder's $2.2 billion debt restructuring in further trouble.
March 14, 2012 1:39
Drydocks eyeing payment extension of 5-8 years; No financial support sought from Dubai govt
December 20, 2011 10:57