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Tecom announces new operational structureTecom Investments, a wholly-owned subsidiary of Dubai Holding, today announced a new operational structure, which will allow the company to focus on its core business of developing and operating business parks. Under the new struc More… |
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Dubai Holding unit's profit surges six-foldDubai Holding's main unit posted a six-fold increase in net profit for 2012 driven by higher revenues, cost cuts and a significant drop in impairment expenses. Dubai Holding Commercial Operations Group (DHCOG), More… |
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Tecom in record recyclable waste collectionTecom Investments, a member of Dubai Holding, said it has collected over a million kg of recyclable waste during its waste collection and recycling initiative, dubbed ‘Operation R’ (Reduce, Reuse & Recycle) at its entities in the More… |
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Emaar launches giant Dubai residential projectDubai developer Emaar Properties and an arm of Dubai Holding, the ruler's conglomerate, launched the first project in a planned multi-billion dollar flagship development on Sunday - a complex of luxury residences and a golf course. More… |
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DIC sells stake in $300m Mena fundDubai International Capital (DIC), the private equity arm of Dubai Holding which restructured $2.5 billion debt in April, sold its stake in a $300 million Middle East North Africa infrastructure fund to Islamic investment firm More… |
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Dubai Tecom appoints new boardDubai Holding, a global investment holding company, has announced the appointment of a new board for Tecom Investments, which owns and operates several free trade zones to support knowledge-based industries. This move is in continuation of More… |
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Dubai Holding names board for DPGDubai Holding, a global investment holding company, has announced the establishment of board of directors for Dubai Properties Group (DPG), its real estate arm, which develops and manages properties, communities and destinations. The newly More… |
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Dubai Holding unit 2011 net up on lower chargesDubai Holding's main unit reported a 61-per cent rise in yearly profits on Wednesday thanks to lower impairment charges and the disposal of non-core assets which helped offset a decline in revenues. Dubai Holding Commercial Operations Grou More… |
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Dubai Holding unit inks $2.5bn debt dealDubai Holding today announced that Dubai International Capital (DIC), its private equity investment arm, has reached a final agreement with its lenders regarding the restructuring of approximately $2.5 billion of liabilities. Under the ter More… |
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Jumeirah to offer pearl diving experienceJumeirah Group, the Dubai-based luxury hospitality company and a member of Dubai Holding, is launching a traditional pearl diving experience. Starting March 2, guests and visitors to Jumeirah Hotels & Resorts will have a chance to lear More… |
