The arrival of the Queen of Pop to the UAE capital is one more step towards the UAE capital’s long-term goal of becoming a global entertainment and cultural hub. How much dividends will it pay back?
February 28, 2012 11:47
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
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
It's a marketing tactic and not economic realities that led to the decision to delay some of their projects, says TDIC. Of course, it is.
October 30, 2011 2:31