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Articles tagged with: DIC

What assets Dubai could be forced to sell
Sunday, 29 Nov, 2009 – 16:29 | No Comment

DUBAI (Reuters) – Dubai will attempt to reassure markets and investors on Monday on how it plans to restructure its beleaguered conglomerate Dubai World after it requested a shock standstill from bondholders for a $3.5 …

Goodbye Dubai, Hello Kuwait … LFC Lose The Plot!
Thursday, 22 Jan, 2009 – 22:56 | One Comment
Goodbye Dubai, Hello Kuwait … LFC Lose The Plot!

Rumours are fast spreading that Liverpool are in talks with the influential Kuwaitis, the Al Kharafi family, with a possible view of a sale or at the very least some form of …

Liverpool FC & DIC – The Final Act?
Wednesday, 24 Dec, 2008 – 11:43 | No Comment
Liverpool FC & DIC – The Final Act?

Liverpool’s club sponsors have criticized the owners, displayed dismay at the prospect of no new stadium and more or less issued a plea to Dubai to come and rescue Anfield from it’s current predicament. What …

The Liverpool-Dubai Saga Rumbles On!
Monday, 8 Dec, 2008 – 16:47 | One Comment
The Liverpool-Dubai Saga Rumbles On!

So DIC/Dubai/Sheikh al Maktoum has decided enough is enough … is ENOUGH! According to some sources Dubai, in what ever form, has pulled out of the running to bail out Liverpool FC. Whether this is …

Dubai royals end interest in buying Liverpool
Sunday, 7 Dec, 2008 – 13:05 | One Comment
Dubai royals end interest in buying Liverpool

The Dubai Royal Family have ended their interest in a £500million offer to buy Liverpool, leaving the controversial American owners in charge until at least next July.
The high asking price and financial downturn in Dubai …

Dubai International Capital looks east as it confirms plans to retreat from Western markets
Friday, 28 Nov, 2008 – 10:15 | No Comment

Dubai International Capital (DIC), the $12 billion (£7.8 billion) Gulf investment fund, has confirmed that it is turning its focus away from Western acquisitions to concentrate on local and emerging markets.
Sameer al-Ansari, the chairman and …

Facebook Come To Dubai Looking For Funding
Monday, 3 Nov, 2008 – 22:04 | One Comment
Facebook Come To Dubai Looking For Funding

Have you seen this man  he is Gideon Yu the money man of Facebook and he is in a town near you looking for funding for the Internet firm.
With the world losing money quicker then …

Hicks and Gillett ready to sell Liverpool FC
Wednesday, 22 Oct, 2008 – 17:30 | One Comment
Hicks and Gillett ready to sell Liverpool FC

Tom Hicks and George Gillett Jr, the Liverpool owners, have signalled that they are ready to sell their stake at Anfield after engaging Merrill Lynch, the investment bank, to find a buyer for the club.

(Photo: …

Liverpool takeover: Sheikh Mohammed ditches DIC to make solo bid for club
Thursday, 11 Sep, 2008 – 8:00 | No Comment

Sheikh Mohammed will step up his bid to buy Liverpool by using his own money to invest in the club.
The oil-rich Arab leader of Dubai has ditched DIC – the investment arm of his government …

DIC To Play Long Game For Liverpool FC
Sunday, 7 Sep, 2008 – 10:44 | No Comment

It is no exaggeration to say we get several emails each day at thedubailife concerning the matter of DIC’s long and protracted bid for Liverpool Football Club. Liverpool fans are anxious to see their club …