Abu Dhabi's government-owned Tourism Development Investment Company (TDIC), builder of branches of the Louvre and Guggenheim museums, is mulling asset sales to help repay $2 billion in debt maturing in 2014, its chief financial officer said.
February 27, 2012 12:53
Abu Dhabi is once again pushing back the opening of local branches of the Louvre and Guggenheim art museums, after a fresh review of the projects, the government's tourism arm said on Wednesday.
January 25, 2012 2:11
Prestige property projects reviewed, some put on hold; Abu Dhabi responding to weaker market, global uncertainty; But retrenchment different from Dubai crisis; Government remains very strong financially; Strategy change may please international investors
November 10, 2011 4:07
Abu Dhabi government-owned Tourism Development and Investment Co (TDIC) said on Saturday it was postponing the opening of three museums, in a fresh delay for one of the largest cultural projects in the Middle East.
October 29, 2011 3:07