ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 01:18 UAE time

YOUR DIRECTORY /

Istithmar World

Main Category: Investment Companies
First Address : 17000
Second Address : Level 4, Emirates Towers, Sheikh Zayed Road
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3902100
Fax: 971 4 3903818
Email: info@istithmarworld.com
Website: www.istithmarworld.com


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ALL STORIES LIST


Dubai's Istithmar sells London buildings

Firm sells buildings to Great Portland Estates for £10m & future profits' share.

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Oil price super-spike 'inevitable' - investment chief

Istithmar World Capital director says crude price needs to rise to $60-80 a barrel.

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Istithmar 'inundated' with calls on collapsed deals

Dubai investment firm bullish on opportunities in transport, healthcare, education.

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Istithmar World cuts its workforce by 10%

Jobs go at Dubai-owned investment company as global economic slowdown continues to impact.

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On a night like this

Dubai certainly caught the Kylie 'Fever' when the pint-sized, Aussie diva touched down in the emirate for her back-to-back performances last month. Kelly Lewis gets the inside scoop on the production of the singer’s DFC and Atlantis launch gigs.

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Rescue me

Dubai cash is helping revitalise downtown Los Angeles at a time when US investors are too nervous.

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Istithmar World opens New York office

UPDATE 1: Dubai investment firm looking to tap opportunities on American continent.

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Prada in talks with Istithmar

Italian fashion house discussing expansion of US luxury retail chain Barneys in region, spokesman says.

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Police arrest Adel Al Shirawi

UPDATE 2: Tamweel says it is unaware of investigation into dealings of former chief executive.

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Dubai buys a piece of the action

Two prominent Dubai companies have acquired a 20% stake in Canadian entertainment giant Cirque du Soleil.

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Middle East leads way in US investment

Region is top foreigner investor following Chrysler Building, Fontaineblue Hilton deals.

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Pair buy 20% stake in Cirque du Soleil

UAE-based companies complete deal, plan to build 1,800-seater theatre for world famous circus act.

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British gov't studies block of QE2 art to Dubai

Lawyers looking to stop export of art on famous ocean liner before become Palm hotel.

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Royal farewell for Dubai-bound QE2 liner

British monarch to pay farewell visit to famous ocean liner before it becomes floating hotel.

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EU transparency demands deter investment

Calls for transparency from wealth fund making region unattractive - Dubai.

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Istithmar snaps up stake in US asset manager

Dubai-owned firm acquires majority holding in Gulf Stream Asset Management.

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Oriental architect

Mandarin Oriental Hotel Group is eyeing its first major UAE investment and it's all about the architecture.

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Atlantis to open doors in Sept

Luxury $1.5bn resort set to become first in operation on Palm Jumeirah, developer Kerzner says.

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Istithmar steering clear of floundering US banks

UAE IN CHINA: Further equity stakes in banks not part of strategy, vice chairman says.

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UAE targets $2bn of new deals in China

UAE IN CHINA: Speculation grows of Dubai-China fund for investments into Chinese companies.

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The world of Nakheel Hotels

Nakheel Hotels chief executive Joe Sita discusses the company's strategies in the shadow of looming global economic uncertainty and explains why he is quietly optimistic about 2008.

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Next step

Rob Mionis, chief executive of DAE Manufacturing and Engineering, on the company's plans.

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Istithmar announces new corporate brand

Dubai-based investment house Istithmar has announced its new official corporate brand, Istithmar World.

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Istithmar eyes China investment

China very welcoming to sovereign wealth funds compared to US and parts of Europe, CEO says.

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Istithmar offloads second NY property for $1.2bn

Park Avenue sale part of strategy to redeploy some capital to real estate in Asia.

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Nakheel joins Istithmar to expand hotels group

Dubai World consolidates hotel business under one banner.

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Istithmar eyes venture capital, dept investing

Private equity firm to buy up debt on expectation credit crisis almost over, CEO says.

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Dubai opening hotel next to White House

Istithmar Hotels is converting the venerable Hotel Washington into a contemporary W hotel.

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Nakheel, Istithmar may merge into $52bn giant

Two firms could become one of the planet's largest real estate developers.

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W Bangkok Hotel to rise in Thailand

Luxury hotel brand W Hotels will construct a hotel in Bangkok, Thailand.

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Istithmar zips up $150mn Zanzibar deal

Private equity firm to develop luxury resort following a deal with Zanzibar government.

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Istithmar KOs competition in $1bn Singapore win

Unit of Dubai private equity firm part of consortium to develop downtown site.

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Istithmar finalises MGM deal

Dubai and Kerzner will provide equity for multi-million dollar Las Vegas project, MGM will provide land.

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Dubai eyes subprime casualties

State-owned Istithmar eyeing two US firms hit by exposure to high-risk mortgages, one in financial services.

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Checking in for an adventure

To lure experienced travellers, adventure hotels offer more than the standard sleep and shower experience.

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Merger mania

A look at the past, present and future of the mergers and acquisitions phenomenon that has swept the globe in 2007.

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Dubai heads for a new stock home

There's nothing like a good bit of financial fisticuffs between 'friends' to liven up the dullest month of the year.

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Istithmar bags Barneys

Month-long tug-of-war ends as Japan's Fast Retailing pulls out of bidding war for US luxury department store.

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Fast Retailing tops Dubai bid for Barneys

Japanese firm raises its bid for the luxury retailer to $950mn after Istithmar matches an earlier offer.

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Istithmar increases Barneys bid

The state-owned private equity firm matches Japanese rival's $900mn bid for US fashion retailer.

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Jones okays Japanese bid for Barneys

US Group to accept $900mn offer from Fast Retailing unless Istithmar sweetens bid.

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Japanese firm muscles in on Barneys takeover

Fast Retailing tables "definitive proposal" to acquire US retailer, gains upper hand on Istithmar.

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Amusement Whitewater shapes Atlantis

Amusement Whitewater has been awarded a US $25 million (AED92 million) contract for the outdoor themed construction work at the Atlantis, The Palm resort on the Palm Jumeirah.

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Dubai plans global expansion for Barneys

Dubai's Istithmar could launch the luxury retailer in China and the Middle East if it completes deal.

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Istithmar eyes deals worth $2bn

Dubai's state-owned investment agency is working on four deals, on track to invest $3bn this year.

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Barneys New York: the Toy Story with a US$900m price tag

Each week Arabian Business turns the spotlight on a leading company.

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New Barneys bid rivals Istithmar

Jones Apparel Group has received a higher rival bid for Barneys, topping its $825mn deal with Dubai's Istithmar.

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Istithmar set for $900mn airline, bank deals

Dubai investment firm is to buy a majority stake in an African airline and invest in a leading bank.

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Funding growth

How real estate investment trusts can reap huge dividends for investors in the Middle East.

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Limitless claims stake in Far East

The Dubai-based global developer makes its mark in Asia with opening of a regional HQ in Singapore.

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Istithmar not looking for London buys

The real estate arm of the Dubai-based investor says it is not looking to buy more assets in London.

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Dubai likes the sound of budget hotels

TuneHotels.Com and the emirate's Istithmar form a $50m venture to tap the Asian budget hotel sector.

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Istithmar: GLG strife is in the past

Insider trading scandals are a thing of the past for London hedge fund GLG, says new Dubai investor.

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Barneys could be coming to Dubai

New owner is looking to expand department store internationally and would consider Dubai as a location.

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Dubai World starts $350m Morocco project

The Mazagan coastal resort is set to bolster the country's status as a tourism destination.

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Dubai buys into $20bn GLG

Istithmar has bought a 3% stake in European hedge fund firm GLG.

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Istithmar buys Barneys for $825mn

Jones Apparel Group agrees to sell luxury retailer to Dubai-owned equity firm.

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Imdaad phased out of the Burj

Facilities management company Imdaad, formerly known as Serco Gulf, is being ‘phased out' of the Burj Dubai project, Construction Week has learned.

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Istithmar eyes India projects

Dubai investment firm is keen to invest in hotels and infrastructure projects in India.

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Dubai nears $950m Barneys deal

Government-owned Istithmar is closing in on a purchase of New York's famous department store.

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Limited service, unlimited potential

While independent hoteliers have offered limited service and budget hotels on a collectively large scale for some time now, larger hotel chains are looking to get in on the action in the Middle East with branded budget alternatives catering to the mid-market traveler.

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Dubai World buys SA golf course

Leisurecorp, a unit of Istithmar, has bought the 170-hectare Pearl Valley Signature Golf Estate.

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Istithmar launches facilities management firm

New entity will focus on consultancy and operation services to Dubai World business units.

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The darling of Dubai

James Bennett talks exclusively to 'The Great White Shark', and discovers how 45 seconds of ideas gives his employees 45 hours of work.

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The easy future’s orange

ATN quizzes Istithmar CEO Joe Sita and easyGroup entrepreneur Stelios Haji-Ioannou, about the roll out of easyGroup products in the Middle East.

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On top of the ladder

With a long list of high-profile developments such as the Jumeirah Beach Residence, Dubai Properties' Mohamed bin Brek tells Arabian Property his future plans for the property giant.

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Dubai's DIFC buys $1.8bn Deutsche stake

The 2.2% stake in the bank follows last year's investment in exchange operator Euronext.

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Istithmar eyes $250m in Asian property

Dubai's state-owned investment firm plans to 'double the size' of its Asia portfolio this year.

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Serco to sell its stake in Serco Gulf

Serco is to sell its 49% stake in Serco Gulf to joint venture partner investment company Istithmar.

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Spicing things up

Kuwait's new 20-year tourism plan aims to bolter the country's inbound leisure market.

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Thai partners

Isithmar Hotels and Thai developer Amburaya Resorts will build and operate the 70-room W Hotel and Residences - Koh Samui, scheduled to open late next year.

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Atlantis hotel services complete

Atlantis, The Palm moves towards internal fit-out stage.

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Mideast invests $6bn outside region

The first half of 2006 saw a boost of ME investments in the US and Europe.

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Dubai firm in talks to buy Barneys

Istithmar is in the running to buy the US department store chain, says the New York Post.

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Serco Gulf’s future remains unclear

Rumours are flying around the facilities management industry about Serco's possible sale of Serco Gulf to investment company Istithmar.

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Dubai to decide on Europe media stake

Istithmar will decide on a $4bn media purchase within the next month.

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Istithmar Hotels turns to Asia

After concentrating on established markets, Istithmar Hotels will focus on Asia this year.

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Istithimar splashes $200m on UK business parks

Dubai-based investment house Istithmar has bought two business parks near a new terminal of London's Heathrow Airport.

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Islamic fund takes over UK's tallest building

A sharia-compliant offshore fund has bought the rights to build London's 288-metre Bishopsgate Tower.

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Stelios floats no-frills Gulf cruise plan

The easyJet entrepreneur is looking at routes for budget cruises of the Arabian Gulf.

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easyHotels checks in to Karama

I'm told this week may be a momentous one for the Middle East hotel market.

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Islamic bank set to launch in Kenya

A consortium including Bank Muscat and Dubai's Istithmar will launch Gulf African Bank in April.

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Dubai hotels go cheap 'n' Easy

easyJet tycoon Stelios Haji-Iannou is to launch $30 hotel rooms in the emirate.

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Istithmar, SpiceJet deal

Dubai government’s investment arm Istithmar has announced that it is to invest an “undisclosed sum” in Indian budget airline SpiceJet, according to chief executive David Jackson.

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Atlantis to recruit 4500 employees

The pre-opening team for the gigantic mixed-use development, Atlantis, The Palm, will soon be undertaking a mammoth recruitment drive in order to ensure the project is fully funcitonal and lives up to guests expectations

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Istithmar Hotels and IHI ink five-star hotel deal

Istithmar Hotels, the hospitality asset management arm of Dubai World’s private equity investment firm, Istithmar, has bought shares worth US $233 million in Maltese company, International Hotel Investments (IHI)

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Atlantis set to make waves across the GCC

The finer details of the much-anticipatedmarinethemed giant mixed-use project, Atlantis, The Palm project, have finally been revealed, and look set to be an easy-sell for the region’s travel trade.

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Istithmar Thais up 25% Raimon stake

The hospitality asset management arm of Istithmar Hotels has acquired a 24.99% leading stake in Thai real estate developer Raimon Land worth an estimated US$28m.

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Istithmar: another UK investment

Dubai World company commits to $170million stake in Pension Insurance Corporation Holdings

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Istithmar invests overseas

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Palm water contract wins

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Istithmar

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