Istithmar
W Hotels heads for the great city of angels in Thailand
- Rapidly expanding its reach in the world's most alluring destinations, W Hotels today announced plans to open its second hotel in Thailand - W Bangkok.
- United Arab Emirates: Sunday, October 14 - 2007 at 09:45
Dubai World to invest in Rwanda's tourism industry
- Dubai World announced it will invest approximately $230m in eight tourism facilities in the Republic of Rwanda, including luxury hotels; a residential golf course development; residential, high-end eco lodges; and the 1,080 square kilometre Akagera National Park.
- United Arab Emirates: Monday, October 01 - 2007 at 17:00
Dubai World announces plans to develop USD 150 million resort in Zanzibar
- Istithmar, a Dubai World company, today announced plans to invest USD 150 million in developing a new luxury resort in Zanzibar, following a major strategic agreement between the company and the Zanzibar government.
- United Arab Emirates: Thursday, September 20 - 2007 at 16:57
Istithmar Consortium wins bid to secure prime development site in Singapore
- Istithmar PJSC, the investment arm of Dubai World, today announced that it was part of the winning consortium in a bid to secure a 3.5-hectare downtown commercial land site in Singapore, adjacent to the Raffles Hotel.
- United Arab Emirates: Wednesday, September 12 - 2007 at 14:21
Istithmar reaches definitive agreement to acquire Barneys
- Istithmar, the leading Dubai based private equity and alternative investment house successfully reached agreement to acquire luxury retailer chain Barneys New York, at a final purchase price of USD942.3 million, after negotiations came to a close.
- United Arab Emirates: Saturday, August 11 - 2007 at 09:31
ISS lands major acquisition in Australasia
- Istithmar-owned Inchcape Shipping Services has made its biggest and most important acquisition in years with the 100 per cent buyout of leading Australian agency house, Oceania Maritime Services Pty Limited (OMS).
- United Arab Emirates: Wednesday, July 04 - 2007 at 10:57
Istithmar takes 80 per cent share in USD 130 million Bangkok hotel development
- Istithmar PJSC, the investment arm of Dubai World, today announced the purchase of an 80 per cent stake in a new USD 130 million luxury hotel development planned for a prime intersection at the heart of Bangkok's commercial district.
- United Arab Emirates: Wednesday, June 27 - 2007 at 11:50
USD 50 million company established to roll-out limited service hotels across Asia
- Istithmar PJSC, the investment arm of Dubai World, today announced the creation of a USD 50 million joint venture company in Dubai to develop and own a portfolio of Tune Hotels in strategic business and tourism destinations in Southeast Asia.
- United Arab Emirates: Tuesday, June 26 - 2007 at 12:27
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