Thursday 23 October 2014
 
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Dubai Holding

Dubai Holding to start mall project work in Q1 2015

Dubai ruler's flagship company Dubai Holding said it will start work on the first phase of its ambitious $6.8 billion 'Mall of the World' project, in the first quarter of 2015. Dubai Holding is currently appointing spe

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Dubai Holding unit posts $571m H1 profit

Dubai Holding Commercial Operations Group (DHCOG), a unit of global investment holding company Dubai Holding, has posted a net profit of Dh2.1 billion ($571.5 million) during the first half of the year. DHCOG’s revenue reach

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Tecom in talks to raise up to $1.1bn loan

The UAE-based Tecom Investments, a unit of Dubai Holding, has confirmed that it is in talks with lenders to raise a syndicated loan, with banking sources indicating the facility could be worth up to Dh4 billion ($1.1 billion). The

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Tecom in talks to raise up to $1.1bn loan

The UAE-based Tecom Investments, a unit of Dubai Holding, has confirmed that it is in talks with lenders to raise a syndicated loan, with banking sources indicating the facility could be worth up to Dh4 billion ($1.1 billion). The

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Dubai 'needs $6.8bn for giant entertainment district'

Dubai Holding, the investment vehicle of the emirate's ruler, will need Dh25 billion ($6.8 billion) to build an entertainment district that will include the world's largest shopping mall, its chief executive said on Tuesday.

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Dubai Holding offers special deals for hotel builders

Dubai Holding, a global investment holding company, has introduced new commercial incentive packages to encourage hotel and leisure industry investors to enter the three- and four-star hotel segment. Dubai Holding plans to attract

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Dubai Holding unit to repay $319m debt early

Dubai Holding Commercial Operations Group (DHCOG), part of a conglomerate owned by the emirate's ruler, will repay $319.3 million on May 13, more than 18 months before the debt is due, it said in a statement on Wednesday. The

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Dubai Holding's DHCOG profit jumps 178pc

Dubai ruler's flagship company Dubai Holding said on Sunday its unit Dubai Holding Commercial Operations Group (DHCOG) has almost tripled its 2013 net profit to 3.3 billion dirhams thanks to a surge in core operational revenues.

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Tecom sells land to Majid Al Futtaim

Tecom Investments, a unit of Dubai Holding, has sold a piece of land to fast-growing shopping mall developer Majid Al Futtaim (MAF), the latest in a series of plot sales initiated by state-linked firms in the emirate to raise funds.

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Dubai, Kuwait JV to launch $500m retakaful

Dubai Holding, a conglomerate owned by the emirate's ruler, and Kuwait's Al Fajer Re plan to launch a firm with $500 million of authorised capital in January to tap unserved demand in retakaful, or Islamic reinsurance. The

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