Wednesday 2 September 2015
 
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DIC

Oyak to acquire alumina supplier Almatis

Almatis, a leading global supplier of premium alumina for the refractory, ceramic and polishing industries, has announced that its shareholders, including majority owner Dubai International Capital (DIC), have signed an agreement to sell the Gro

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Bahrain hotel is sold by DIC to consortium

Dubai International Capital (DIC), the private equity arm of Dubai Holding, has announced the sale of the Holiday Inn Express in Manama to a private consortium for an undisclosed sum. The hotel was owned by DIC through its subsidi

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DIC sells Holiday Inn Express Manama

Dubai International Capital (DIC), the private equity arm of Dubai Holding, today announced the sale of the Holiday Inn Express in Manama - Bahrain to a private consortium for an undisclosed sum. The hotel was owned by DIC through

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Dubai Internet City to host top Android developer forum

Dubai Internet City (DIC), a leading information and communication technology (ICT) hub in the Middle East and North Africa (Mena) region, is set to bring the world’s biggest android developer conference to Dubai next month.

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DIC launches sale of German aluminium group Almatis

Dubai International Capital (DIC) is launching the sale of German alumina products maker Almatis as the fund seeks to reduce its liabilities in the wake of a debt restructuring, three people familiar with the deal said. DIC has ma

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DIC mulls sale of UK engineering giant Doncasters

Dubai International Capital (DIC), a unit of Dubai Holding, the conglomerate owned by the ruler, is planning to launch a formal sale process for Doncasters, a British-based engineering aerospace group, which the company has been owning since 200

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Dubai fund DIC eyes key asset sales in 18 months

Dubai International Capital (DIC) should complete the sale of the two main assets remaining in its portfolio within 18 months, which will provide it with cash to cover its outstanding debt well ahead of scheduled repayment in two years.

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DIC completes sale $1.7 billion of Mauser

Dubai International Capital (DIC), the private equity arm of Dubai Holding, has completed the sale of Mauser Group, a leader in industrial packaging to US-based private equity firm Clayton, Dubilier & Rice for about $1.7 billion.

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Tecom units welcome 181 new companies

Dubai Internet City, an ICT cluster, and the Dubai Outsource Zone, a freezone dedicated to the outsourcing industry, have welcomed 181 new companies last year.   DIC and DOZ are a part of Tecom Investments and ar

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Dubai mulls sale of German packager Mauser

The private equity arm of Dubai Holding, which is owned by the emirate's ruler, is considering the sale of German packaging group Mauser, three sources aware of the matter said. The deal is seen fetching between 1 billion euro

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