UK
Istithmar World Capital invests in ESPA International, world leading spa company
Istithmar World Capital (‘IWC’) and ESPA International (‘ESPA’) have joined forces whereby IWC has acquired a 40% share in ESPA. ESPA International is a UK based global luxury spa company offering total spa solutions including: a world-renowned spa design and management division, an extensive natural product range, innovative and effective treatments and unsurpassed post... »
Dubai World offers successful unique investment model for African countries
CEO of global marine terminal operator DP World, Mohammed Sharaf, has called for more business partnerships between African countries and private investors such as DP World and Dubai World, saying it is a successful, unique investment model that will benefit African countries for the long term. Mr. Sharaf was speaking at the Africa Investment... »
Nakheel adds The Metropole Hotel in portfolio, purchased for Dhs932m
Nakheel Hotels announced it is part of a joint venture that has purchased The Metropole Hotel at Whitehall Place in central London for approximately Dhs932m ($254m). Nakheel Hotels – the new name for Istithmar Hotels after Dubai World consolidated its hotel business under one banner to create a fully integrated hotel investment company -together... »
Limitless in London for final leg of funding roadshow
Limitless, the global master development arm of Dubai World, has landed in London for the final leg of its $1.2billion syndicated loan tour, which has captured interest from several banks in the UK, Europe, South-East Asia and Middle East. The 2-year loan, led by Emirates Bank and Emirates Islamic Bank, is part of Limitless’... »
Istithmar acquires stake in leading alternative asset manager GLG Partners
Istithmar PJSC announced today that it has entered into an agreement to acquire a 3 per cent minority stake in GLG Partners (‘GLG’), a leading European alternative asset manager. London-based GLG is the largest independent alternative asset manager in Europe, with assets of over $20 billion. The agreement is subject to certain regulatory conditions.... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum