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Dubai World

Atlantis-Hotel

Dubai World sells Atlantis Hotel

This is Dubai World's second disposal this year after selling British logistics warehouse developer Gazeley in June.

December 5, 2013 12:33
 
Dubai World sells UK assets

Dubai World unit sells UK asset to Brookfield

The company previously said it planned to raise between $1.3 and $2.3 billion through the disposal of some assets including Gazeley

June 11, 2013 12:27
 
Dubai World

Ghosts of Dubai World’s past may return to haunt

The emirate is once again dreaming big with plans for a city centre canal and a $1 billion replica of India's Taj Mahal.

November 22, 2012 9:00
 
business-dubai-gcc-money

Dubai’s Limitless to sign $1.2 billion debt deal in September

Limitless, the indebted property arm of Dubai World, is aiming to conclude its $1.2 billion debt deal with creditors by the end of September, the company said on Tuesday.

September 4, 2012 5:34
 
200-dp-world

DP world’s H1 profit flat, cites global climate

Dubai's DP World, the world's third largest port operator, reported flat profits for the first half of this year, citing an uncertain global economic climate.

August 29, 2012 10:07
 
Drydocks World eyes repaying $2.2B debt in 5 years

Drydocks World eyes repaying $2.2B debt in 5 years

Shipbuilder Drydocks World, a unit of Dubai World, has proposed repaying creditors in five years and is seeking more working capital as it tries to restructure a $2.2 bln loan facility, ending lengthy and complex debt talks.

March 10, 2012 4:55
 
Dubai’s Drydocks to present $2.2B debt plan next week

Dubai’s Drydocks to present $2.2B debt plan next week

Dubai's ship building unit Drydocks World, in negotiations to restructure a $2.2 billion loan facility, will present terms of the proposal to lenders on March 8, seeking to put an end to the long-drawn and complex debt talks.

March 1, 2012 1:42
 
Should Nakheel pay its ex-CEO his dues?

Should Nakheel pay its ex-CEO his dues?

He deserves his day in court, for sure. But does the former Nakheel CEO deserve his benefits and pay after given the company was pretty much sinking in the red?

December 20, 2011 12:59
 

Dubai’s Drydocks expects debt deal by March

Drydocks eyeing payment extension of 5-8 years; No financial support sought from Dubai govt

December 20, 2011 10:57
 

Dubai World reopens Ain al-Sokhna port in Egypt

Dubai port operator DP World has reopened its Ain al-Sokhna port in Egypt after a temporary shutdown caused by labour strikes, the head of the Red Sea Ports Authority said on Monday.

September 26, 2011 2:27
 
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