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Dusit signs second property in BahrainThailand-based hospitality company Dusit International has signed a hotel management agreement with Dar Al-Huda Hotel Apartments to operate a new upper-upscale beachfront hotel, resort and serviced residence in Bahrain. Comp More… |
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Emirates Crown is Dubai’s newest vacation homeAl Dar Darak’s newest property Emirates Crown, located in close proximity to the iconic Dubai Marina, is the ideal vacation home for even the most discerning travellers. Intended for both long and short term stays, Emirates More… |
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Oman Air plane suffers tyre burst in Dar es SalaamAn Oman Air plane carrying 158 passengers and six crew members from Muscat suffered a tyre burst while landing at Julius Nyerere International Airport in Dar es Salaam on Saturday, said a report. "We would like to confirm tha More… |
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101 celebrities to raise funds for refugees worldwideOne hundred and one celebrities are coming together to raise funds for refugees worldwide by donating their jeans to be painted by fashion designer and artist Johny Dar, for a project called ‘Jeans for Refugees’. The celebri More… |
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Dar Al Arkan Q4 net profit falls 57.9pcDar Al Arkan, a leading property developer in Saudi Arabia, reported a 57.9 per cent fall in fourth-quarter net profit on Thursday. Arkan made a net profit of SR48.7 million ($13 million) in the three mon More… |
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Napco backs Dar Al Atta’a’s charity drive during RamadanNational Aluminium Products Company (Napco), a leading extruder of aluminum profiles in the GCC, provided support to one of Dar Al Atta’a’s key charity programmes during the holy month of Ramadan. Dar Al Atta’a i More… |
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Kuwait’s Investment Dar upbeat on debt restructuringKuwait's Investment Dar remains on track to agree the bulk of a KD813 million ($2.8 billion) debt restructuring plan despite resistance by some minority investors, according to a company document. The firm, which holds a stake More… |
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Dubai Health Authority launches arthritis registryThe Dubai Health Authority (DHA) has launched the Dubai Arthritis Registry (DAR), which will record the prevalence of six major musculoskeletal diseases including arthritis among patients at its hospitals. The six diseases that ar More… |
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Dar agrees $3.58bn debt restructuringKuwait's Investment Dar, which owns half of luxury carmaker Aston Martin, reached an agreement to restructure $3.58 billion of its debt, in a plan that gives creditors a 10 percent stake in the company. Dar, which appointed a new credi More… |
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Dar swings to loss in delayed '08 resultsKuwait's Investment Dar, which owns half of British carmaker Aston Martin, plunged to a loss in the fourth quarter of 2008, but said it was confident of meeting its debt restructuring obligations. The firm made a net los More… |
