Saturday 20 September 2014
 
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Dubai Duty Free

Dubai Duty Free reprices $1.75bn loan for second time

Airport retailer Dubai Duty Free (DDF) is repricing a $1.75 billion syndicated loan for the second time in just over a year to obtain more favourable terms, a fresh sign of banks' willingness to lend cheaply to the emirate. Th

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Dubai Duty Free reprices $1.75bn loan for second time

Airport retailer Dubai Duty Free (DDF) is repricing a $1.75 billion syndicated loan for the second time in just over a year to obtain more favourable terms, a fresh sign of banks' willingness to lend cheaply to the emirate. Th

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DDF sets new anniversary sales record

Dubai Duty Free said its anniversary day (December 20) resulted in a new daily record as sales soared to Dh111.88 million ($30.65 million), as the airport retailer extended up to 30 per cent discount on a wide range of products. T

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DDF nine-month sales soar to $1.3bn

Dubai Duty Free (DDF) said it has recorded Dh4.65 billion ($1.27 billion) sales for the first nine months, up 12 per cent over the same period last year and hopes to end its 30th anniversary year on a high note.  

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Dubai Duty Free names banks for $750m loan

Dubai Duty Free (DDF) has picked three banks to arrange a $750 million loan to fund the company's expansion at the world's second-busiest airport and improve its capital structure, the retailer said on Wednesday. The new f

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Dubai Duty Free repricing $1.75bn loan

Airport retailer Dubai Duty Free (DDF) is set to reprice a $1.75 billion, six-year syndicated loan that signed in July 2012, banking sources close to the deal said.   The ori

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CSH holds check-ups for Duty Free employees

Dubai-based Canadian Specialist Hospital (CSH), one of the largest private hospitals catering to the tertiary healthcare needs of the Middle East, conducted free medical check-ups today, for the employees of Dubai Duty Free (DDF), living in

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Dubai Duty Free wins top global award

Dubai Duty Free (DDF) was recently presented with the Best Duty Free Shops award by US-based magazine Global Traveler (GT) for the sixth consecutive year at a ceremony in Beverly Hills, California. The Global Traveler Awards are t

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DDF chief wins Esquire achievement award

Dubai Duty Free’s (DDF) executive vice chairman Colm McLoughlin was honoured with the Lifetime Achievement at the Esquire’s “Man At His Best” awards for his contribution to the travel retail industry. The E

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Dubai Duty Free sales on track to top $1.6bn

Dubai Duty Free has recorded sales of $1.14 billion from January to the end of September, marking a 10 per cent increase over the same period last year and placing the operation on track for year-end sales of an estimated $1.64 billion.

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