Saturday 18 May 2013
 
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TDIC

Abu Dhabi TDIC picks up Yardi voyager

  Abu Dhabi's Tourism Development Investment Company (TDIC) has signed up Yardi Systems, a key developer of software solutions for the real estate investment, asset and property management indus

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Abu Dhabi TDIC picks up Yardi voyager

  Abu Dhabi's Tourism Development Investment Company (TDIC) has signed up Yardi Systems, a key developer of software solutions for the real estate investment, asset and property management indus

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TDIC loss at $591m over property slump

Abu Dhabi's tourism development company, which is building local branches of the Louvre and Guggenheim museums, posted a widening loss last year amid the emirate's property slump and said it could take seven years to turn a profit.

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Bids invited for Zayed Museum

  Abu Dhabi’s Tourism Development and Investment Company (TDIC) has invited prequalification bids for the main contract works on its prestigious Zayed National Museum project.   The museum pro

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Abu Dhabi TDIC to develop giant retail destination

  Abu Dhabi's Tourism Development and Investment Company (TDIC) has announced a joint venture partnership with L Real Estate (LRE), a global real estate development and investment fund, to develop ‘The District’,

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TDIC chief wins top achievement award

Sheikh Sultan Bin Tahnoon Al Nahyan, chairman of Tourism Investment & Development Company (TDIC) and Abu Dhabi Tourism & Culture Authority, has been bestowed with a major achievement award by Middle East Economic Digest (Meed). The

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Abu Dhabi's TDIC eyes asset sales to repay debt

Abu Dhabi's government-owned Tourism Development Investment Company (TDIC), builder of branches of the Louvre and Guggenheim museums, is mulling asset sales to help repay $2 billion in debt maturing in 2014, its chief financial officer said.

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Al Reyadah wins Abu Dhabi villas contract

UAE-based Al Reyadah said it has won the maintenance contract for 19 luxury villas owned by B2B Hotels & Properties, a joint venture between Abu Dhabi TDIC and Al Fahim Group. As per the contract, Al Reyadah will provide round-the-cloc

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Abu Dhabi move 'to boost TDIC ratings'

Abu Dhabi's recent affirmation of its major projects is credit-positive for the Tourism Development & Investment Company (TDIC), despite the spending review, according to ratings agency Moodys. Headquartered in Abu Dhabi, TDIC is a

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ANALYSIS: Prudent Abu Dhabi adjusts strategy

When Abu Dhabi announced that it would delay establishing local branches of the Louvre and Guggenheim museums, it was an important signal of the emirate's economic strategy as well as its priorities. "Due to the immense magnitude of the wo

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