Fitch ratings boost to Dubai groupFitch Ratings has revised the outlook on Dubai Holding Commercial Operations Group (DHCOG) to stable from negative and affirmed its long-term Issuer Default Rating (IDR) and senior unsecured rating at 'B'. Fitch has also affirmed D More… |
DHCOG swings to profit in 2010 with $34m netDubai Holding Commercial Operations Group (DHCOG), part of the ruler's personal business empire, returned to profit in 2010, posting a net of Dh127 million ($34.6 million), compared with a net loss of Dh23.5 billion in 2009. DHCOG whi More… |
Moody's downgrades DHCOG's bonds to B3Moody's Investors Service has downgraded the notes issued by Dubai Holding Commercial Operations Group (DHCOG) under its Medium Term Note (MTN) programme, to B3 from B2. The Probability of Default Rating (PDR) of DHCOG was left unchang More… |
Fitch maintains Dubai Holding unit ratingsFitch Ratings has maintained Dubai Holding Commercial Operations Group's (DHCOG) long-term Issuer Default Rating (IDR) and senior unsecured 'B+' ratings, respectively on Rating Watch Negative (RWN). The rating action also affec More… |
Moody's downgrades Dubai Holding againMoody's Investors Service has downgraded to B2 from B1 the senior unsecured issuer and debt ratings of Dubai Holding Commercial Operations Group (DHCOG). At the same time, Moody's has also converted DHCOG's B2 issuer rating int More… |
Dubai Holding unit delays 2009 results againDubai Holding Commercial Operations Group (DHCOG), a unit of the conglomerate owned by Dubai's ruler, said it was delaying its full-year results again due to complexities in consolidating results of its units. The company said in April More… |
Dubai Holding unit repays $250m BNP loanDubai Holding Commercial Operations Group (DHOG), the holding company of Dubai Holding’s property, business parks, and hospitality verticals, announced that it had repaid a $250 million loan to BNP Paribas. The bilateral loan, taken out as More… |