Istithmar
Istithmar PJSC acquires Inchcape Shipping Services
- Istithmar PJSC, a major investment house based in the UAE, has announced its intention to acquire Inchcape Shipping Services (ISS), the world's largest independent marine management services provider from Electra Investment Trust plc. Merrill Lynch acted as exclusive financial advisor to Istithmar in relation to the transaction.
- United Arab Emirates: Wednesday, January 04 - 2006 at 10:09
Istithmar raises stake in SpiceJet to US$50 million
- Istithmar PJSC, a leading investment house based in the UAE focusing on private equity and alternative investments, has announced that it has raised its stake in SpiceJet, the low-cost Indian carrier, to US $50 million.
- United Arab Emirates: Tuesday, December 20 - 2005 at 14:18
Istithmar PJSC appoints new Chief Executive Officer
- Istithmar PJSC today announced the appointment of Muneef Tarmoom as its new Chief Executive Officer.
- United Arab Emirates: Sunday, December 18 - 2005 at 09:56
Istithmar buys landmark Manhattan property
- Istithmar PJSC, a leading investment house based in the UAE, focusing on private equity, real estate and alternative investments, has announced that it has closed on the acquisition of another internationally recognized landmark property, 230 Park Avenue in Manhattan.
- United Arab Emirates: Saturday, November 12 - 2005 at 10:33
Istithmar PJSC acquires London's One Trafalgar Square
- Istithmar PJSC, a major investment house based in the UAE, announced yesterday that it has acquired London's One Trafalgar Square for GBP 155 million.
- United Arab Emirates: Wednesday, October 05 - 2005 at 10:45
Istithmar & Temasek to invest USD20m in SpiceJet
- SpiceJet, the low cost Indian carrier, is pleased to announce that on the invitation of its Board of Directors, Istithmar, the UAE private equity firm and MacRitchie Investments, Singapore, have agreed to invest a total sum of USd20m in the equity capital of the company.
- United Arab Emirates: Sunday, September 11 - 2005 at 10:20
Istithmar and Kerzner enter into USD 700 million financing agreement with syndicate of banks for Atlantis, The Palm
- Istithmar PJSC and Kerzner International Limited recently signed a USD 700 million financing agreement with a consortium of banks to raise funds for the Atlantis, The Palm project (the 'Project).
- United Arab Emirates: Tuesday, July 26 - 2005 at 12:53
Istithmar to establish its first hospital in Dubai
- Istithmar PJSC, the Dubai-based investment holding company and Bumrungrad Hospital of Thailand have announced plans to construct a new hospital in Dubai.
- United Arab Emirates: Sunday, May 01 - 2005 at 14:13
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