Dubai Holding related stories
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Oyak has $5bn for direct investmentsThe Turkish pension fund is targeting investments mainly in North America and Europe.
- DIC sells German packaging business to CD&R
CD&R, which picked up the business for $1.7bn, fought off competition from Ardian, Pamplona & Platinum.
- DIC reaches agreement with lenders
State-backed private equity group Dubai International Capital has successfully negotiated a restructuring of $2.5bn-worth of debt after almost two years of talks.
- DIC replaces chief executive
The Dubai-backed private equity outfit has reached agreement over key financial terms with its creditors amid a shakeup in its senior management.
- DIC confirms board dissolution
The firm fell under control of its debt-laden parent, Dubai Holding, in January, the same month Sameer Al Ansari resigned as executive chairman.
- Al Ansari steps back in latest DIC changes
Sameer Al Ansari has taken on a non-executive role at Dubai International Capital in order to focus more on his CEO responsibilities at SHUAA Capital.
- Emaar blocks Dubai Holdings merger, shares surge
Shares in Dubai-based Emaar Properties surged by nearly 15 percent, their highest rise in more than a year, on the news that it has blocked its proposed merger with real estate companies controlled by conglomerate Dubai Holdings.
- Dubai Group and DIC come together
Dubai International Capital and financial services company Dubai Group are consolidating back office operations under Dubai Holding Investment Group.
- Sameer Al Ansari takes over as SHUAA CEO
DIC's Sameer Al Ansari will head the firm's operations, following the resignation of Iyad Duwaji.
- SHUAA CEO leaves to set up own firm
Iyad Duwaji has ended a 20-year career with SHUAA to set up an independent private equity platform. DIC's Sameer Al Ansari has reportedly been considered as a replacement.