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DIFC Investments net profit up 4pc in 2016Dubai's DIFC Investments has posted gross operational profit of $ 149 million during 2016, an increase of 4 per cent compared to the previous year. The number of active registered companies in DIFC rose to 1,648 in 2016, an in More… |
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DIFC Investments revises sukuk price guidanceDIFC Investments, the investment arm of Dubai's financial free zone, will complete sukuk issue of up to $700 million later on Tuesday, with price guidance tightened slightly from earlier indications, a document from lead managers showed. More… |
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DIFC unit issues price thoughts for 10-year sukukDIFC Investments, the investment arm of Dubai's financial free zone, aims to price a benchmark-sized Islamic bond with a ten-year lifespan later this week after issuing initial price thoughts for the offer, a document from lead managers show More… |
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DIFC Investments plans sukuk issueDIFC Investments, the investment arm of the company running Dubai's financial free zone, is planning to issue sukuk, four bankers told International Financing Review (IFR). The company has appointed banks and could come to mar More… |
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DIFC Investments nears $1bn loan dealDIFC Investments, the investment arm of the company running Dubai's financial free zone, is close to securing a $1 billion loan from four banks to help refinance an upcoming Islamic bond maturity, a banking source familiar with the matter said More… |
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DIFC Investments 'yet to sell software firm'DIFC Investments, the investment arm of the company running Dubai's financial free zones, has not sold software company SmartStream Technologies but the process is under way, the chief executive of the Investment Corporation of Dubai said. More… |
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DIFCI likely sold Smartstream: JP MorganDIFC Investments (DIFCI), the investment arm of the company running Dubai's financial free zone, has likely sold software company SmartStream Technologies, resulting in a $68.8 million impairment provision, JP Morgan said in a research note. More… |
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DIFCI hires Moelis for $1.25bn bondDIFC Investments (DIFCI), the investment arm of the firm that runs Dubai's financial free zone, has hired US investment bank Moelis & Co to advise on options for a $1.25 billion Islamic bond maturing in June, three sources familiar with th More… |
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CEO of Dubai Aerospace's division quitsMajority state-owned firm Dubai Aerospace Enterprise (DAE) said that the chief executive officer of its Capital division, Robert Genise, had stepped down to take part in an entrepreneurial venture. "We will take this opportunity to consoli More… |
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DIFC Investments narrows loss; to sell assetsDIFC Investments (DIFCI), the investment arm of the firm that runs Dubai's financial free zone, posted a narrower 2010 loss on Sunday, pulled into the red by its real estate portfolio, and said it will sell assets this year, including financial so More… |
