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FINANCIAL NEWS
Dubai Holding to repay USD319 m debt
24 Apr 2014
(MENAFN) Dubai Holding Commercial Operations Group (DHCOG), a unit of Dubai Holding, plans to repay USD319.3 million debt next month, 18 months earlier than the debt is due, according to the Emirates 24/7.
The company said it will repay the debt on May 31, which is the remainder of a USD555 million facility maturing in December 2015,
In 2013, the Group posted more-than-tripled annual profit compared to a year earlier.
Hotel group Jumeirah, business park Tecom Investments and Dubai Properties Group are all part of the Group’s business which it runs in the UAE.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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