Dubai Holding

Dubai Holding Commercial Operations Group’s Annual Profit Increase Forty Two Percent in 2014

Dubai Holding Commercial Operations Group’s Annual Profit Increase Forty Two Percent in 2014

Shares rush forward as Dubai Investment acquire $555m loan extension

Dubai-HoldingOn Wednesday Market response established an inoculation in the arm as the hospitality and property and division of Dubai Holding expressed that it gained a one-month additional room for a $555 million loan outstanding on November 30.

Debt options considered by Dubai Holding

Dubai-HoldingIt was reported by a well known newspaper recently that a conglomerate owned by the emirate's ruler, dubbed Dubai Holding, is looking into options, which include the restructuring of as much as US$20 billion ($28 billion) in debt.

The conglomerate is also mulling to hire a financial advisor in order to explore the rescheduling of loans in the next few months.

Dubai Holding drops S&P as rating firm

Dubai Holding drops S&P as rating firmIn a fresh blow to the emirate's financial reputation, the rating agency Standard and Poor's (S&P) downgraded Sheikh Mohammed bin Rashid al-Maktoum owned Dubai Holding to B from BB+. But it didn't go down well with the company which announced to drop S&P as its rating agency.

Dubai Holding makes debt payments

Dubai Holding makes debt paymentsDubai's ruler owned investment company- Dubai Holding Commercial Operations Group LLC has allayed fears of postponing payments by making scheduled distribution payments on three bonds due over the next five years. Loan worth $1.14 billion is set to mature in August 2011 and the recent development will ensure debt commitments falling in the coming period.

Dubai Holding Scraps Property Merger Plans

Dubai’s biggest holding company, Dubai Holding owned by Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum, has dropped its idea for the proposed merger of its real-estate units with the develope