Dubai Group

Dubai group lose interest recompense

Dubai GroupAn investment wing of one of the emirate's disturbed corporations, Dubai Group, has lost interest recompense on a $330m loan, feasibly setting off a cross- evade on additional debts.

Dubai Group plans to sell stake in Oman business

Dubai-Group-LogoDubai's ruler owned investment firm- Dubai Group is reportedly working out plans for selling stakes in Oman National Investment Corp Holding (ONIC). Persons close to the development claimed that Dubai Group proposes to sell 41 per cent stake in the Omani business for meeting its financial obligations.