Thursday 24 May 2018
Dubai World Group

NBAD exposure to Dubai World Group at $345m

As at November 29, National Bank of Abu Dhabi (NBAD) had $345 million exposure to the Dubai World Group, according to a company statement. The exposure comprises the following: • $114 million nominal invested in the Nakheel De


Palm Utilities wins top energy awards

Palm District Cooling (PDC), a subsidiary of Palm Utilities, a part of the Dubai World Group, was recently named recipient of gold and silver awards at the International District Energy Association’s (Idea) District Energy Space Awards 2009.


DMC finalises plans for new facilities

Dubai Maritime City (DMC), the world’s first purpose-built maritime centre, has finalised a strategic development plan for the city's integrated utilities area. The excavation and piping works for core infrastructure facilities a


DMC commences work on final phase

Dubai Maritime City (DMC), the world's first purpose-built maritime centre and member of the Dubai World Group of companies, has commenced work on the third and final phase of the project. The new phase, which includes infrastructure devel

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