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Dubai wants to be centre for Islamic business

Last Updated: Sunday, October 06, 2013, 13:43

Dubai unveiled plans on Saturday to become a centre for business that follows Islamic principles in areas from banking and insurance to food processing, tourism and education.

Dubai Holding confirms restructuring pact with DIC lenders

Last Updated: Friday, April 06, 2012, 15:13

Dubai Holding has announced that Dubai International Capital (DIC), its private equity investment arm, has reached a final agreement with its lenders regarding the restructuring of approximately USD 2.5 billion of liabilities.