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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 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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DIC launches $204m storage expansionDubai Industrial City (DI), a leading manufacturing area and a member of Tecom Investments, has launched the second phase of its warehouse and showroom development worth $204.21 million. The new phase, which will offer state-of-the-art sto More… |
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DIC launches $204m warehouse developmentDubai Industrial City (DI), a leading manufacturing area and a member of Tecom Investments, has launched the second phase of its warehouse and showroom development worth $204.21 million. The new phase, which will offer state-of-the-art sto More… |
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DIC completes 15 sq km of infrastructure workDubai Industrial City (DIC), a major manufacturing destination, has completed large infrastructural development work covering an equivalent area of 15 sq km (161 million sq ft) across the city. The second largest non-real estate project in More… |
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DIC agrees $2.4bn debt restructuringDubai International Capital (DIC), a unit of Dubai Holding, the conglomerate owned by the ruler, has agreed the terms for a $2.4 billion debt restructuring with its creditors, two sources familiar with the situation said on Thursday. ' More… |
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DIC sells hotels firm to Almulla GroupDubai-based Almulla Group has acquired Ishraq Dubai, which owns many hotels in the UAE, from Dubai International Capital (DIC), the private equity arm of Dubai Holding. Ishraq Dubai was 51 per cent owned by DIC and 49 per cent by Ishraq Gu More… |
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DIC hosts eco-friendly eventDubai Internet City (DIC), part of Tecom Investments, recently organised Yoga Fest 2010, one of the first free eco-friendly community events in the region. The event marked the unique combination of ‘Winter Solstice’, the shortest day of t More… |
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DIC to replace CEO; lenders agree to debt planDubai Holding's private equity arm DIC will replace its chief executive as major lenders agree to the investment company's plans to restructure $2.6 billion of debt, sources said on Thursday. Dubai International Capital's (DIC) More… |
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DIC to mark 10th anniversary at GitexDubai Internet City (DIC), the largest ICT park in the Middle East, will mark 10 years of growth at the upcoming Gitex Technology Week 2010, a leading ICT exhibition. DIC will be the strategic partner for the event that will be held from O More… |
