Tuesday 31 May 2016
 
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Dubai group

Dubai group Najibi to invest in Australia tourism projects

Diversified Dubai-based business conglomerate Najibi has opened its new investment and development company Sanad Capital on Australia’s Sunshine Coast. Sanad Capital will serve as an investment springboard for a diverse rang

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Dubai group Najibi to invest in Australia tourism projects

Diversified Dubai-based business conglomerate Najibi has opened its new investment and development company Sanad Capital on Australia’s Sunshine Coast. Sanad Capital will serve as an investment springboard for a diverse rang

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Dubai Group selling Shuaa stake, other assets in 2016

Dubai Group is in the process of selling its stake in Shuaa Capital and is also obliged to divest its holdings in EFG Hermes and Bank Muscat this year, the chief executive of Dubai Group's parent firm said on Tuesday. Asked ab

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Dubai group to acquire Saint-Gobain US property

Dubai-based Arzan Wealth said it has joined hands with US-based 90 North Real Estate Partners to acquire the North American headquarters of French building materials giant Saint-Gobain for $123 million. The 65-acre campus located

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Dubai group to launch mixed-use project

Dubai Investments Real Estate Company (DIRC) has announced plans to launch Mirdif Hills, a mixed-use residential, commercial and retail development in the UAE emirate, at the upcoming Cityscape Global expo. A real estate arm of Du

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Dubai group to build $2.6bn luxury resort in Bosnia

UAE-based Buroj Property Development plans to build a luxury resort on a mountain near Sarajevo, the capital of Bosnia and Herzegovina, at an investment of €2.3 billion ($2.6 billion), said a report.   The project will se

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Dubai Group chief joins Shuaa board

Leading UAE investment bank Shuaa Capital has appointed Dubai Group CEO Ahmed Al Qassim as a non-executive director with immediate effect. Prior to his appointment at Dubai Group, Al Qassim, an Emirati national, was the director f

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Dubai confirms final debt deal

Financial services conglomerate Dubai Group has reached a final deal with creditors on restructuring $10 billion of debt, resolving the last major hangover from the emirate's financial crisis, its parent company confirmed. Len

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Dubai Group signs $10bn debt restructuring deal

Dubai Group has signed a $10 billion debt restructuring agreement, two sources with knowledge of the matter told Reuters on Thursday, bringing an end to the last major hangover from the emirate's 2009 financial crisis. The inv

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Dubai Group unit sells stake in Bank Islam

Dubai Financial Group, a subsidiary of diversified financial services company Dubai Group, has sold its 30.5 per cent stake in Bank Islam to BIMB Holdings, a Malaysia-based investment holding company. The agreement was signed betw

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