South Africa
Dubai World Africa concludes deal with Singita Game Reserves
Dubai World Africa has successfully concluded an agreement that sees the company acquire 50% of Singita’s interest in their Kruger National Park concession incorporating two Relais & Chateaux lodges – Singita Lebombo and Singita Sweni. The new ownership structure will not give rise to any change in the management and marketing of the operations... »
Dubai World reaches out to Kids with HIV in South Africa
Dubai World, deeply committed to humanitarian campaigns and social welfare activities, announced today that it will sponsor a gala event to be hosted by Kids with HIV Foundation, the Cape Town-based charitable organisation, to raise funds for HIV-affected children in South Africa. The exclusive event, which includes a major auction, will be held at... »
Consortium announces a further US$ 1 billion investment in V&A Waterfront to create ‘Riviera of South Africa’
The Dubai World and London & Regional Properties consortium today announced plans to invest more than US$ 1 billion in the V&A Waterfront over the next four years, following its successful purchase of the development last month. The consortium has outlined a three-stage development strategy which will see improvements to the Waterfront starting immediately.... »
Dubai’s Leisurecorp launches new look for South African golfing community
LeisureCorp, the business unit of Istithmar Real Estate behind the development of Jumeirah Golf Estates, Dubai and other global leisure brands, today launched its new brand identity for South African leisure development, Pearl Valley Golf Estates. Pearl Valley is South Africa’s leading residential golf community and host for the South African open in December... »
Dubai’s Leisurecorp announces purchase of Pearl Valley Signature Golf Estate and Spa in South Africa
Leisurecorp, a division of Istithmar PJSC, the investment arm of Dubai World, Thursday announced the purchase of Pearl Valley Signature Golf Estate and Spa, a 170-hectare championship golf course development in the Cape Winelands, South Africa. The company, owner of the Jumeirah Golf Estates in Dubai, plans to invest heavily to develop Pearl Valley... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum