Latest Dubai World Stories
DUBAI, UAE, February 15, 2011 /PRNewswire/ -- The Al Dobowi Group recently celebrated 35 years of operations in the UAE. This fourth generation tyre business was started in the Middle East to address the needs of a growing tyre management and service industry in the Middle East.
The â€œWorldâ€ project â€” an artificial archipelago of 300 small islands arranged in the shape of a world map â€” is sinking back into the sea, according to evidence presented to a property tribunal in the emirate.
TEMPE, Ariz., July 20 /PRNewswire/ -- StandardAero, a Dubai Aerospace Enterprise (DAE) Company, has received Supplemental Type Certificate (STC) Organization Designation Authorization (ODA) at its Springfield, Ill. location from the Chicago Aircraft Certification Office.
Project Receives Approval for Full Financing Dubai World Dismisses Lawsuit Against MGM MIRAGE LAS VEGAS and DUBAI, United Arab Emirates, April 29 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and Dubai World through subsidiary Infinity World, 50/50 joint venture partners in the CityCenter project, today announced that the companies have reached an agreement on a revised joint venture agreement and also reached an agreement with CityCenter's lenders on a comprehensive plan to fully fund...
LAS VEGAS, April 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM), today announced that it has received the support of its banks and has entered into an amendment of its senior credit facility.
Company Receives Waiver From Its Lenders to Fund 100 Percent of Required March Equity Contributions for CityCenter LAS VEGAS, March 27 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM), today announced that it is, with the authorization of its senior lenders, providing $200 million of funding to CityCenter to satisfy the required sponsor equity contributions due on or about March 24, 2009.
CityCenter Currently Represents Largest Single New Employment Opportunity By Any Company in U.S. LAS VEGAS, Jan.
CityCenter Represents Largest Single New Employment Opportunity in Las Vegas' History LAS VEGAS, Dec.
In response to tremendous growth opportunities in global natural resources business sector, Dubai World today announced the formation of a new business unit, Dubai Natural Resources World, designed to explore new long-term investment avenues, while contributing positively towards sustainable development.