DP World

Dubai World subsidiary exits 50% stake in landmark hotel Fontainebleau Miami Beach

Istithmar World, a subsidiary of state-owned conglomerate Dubai World, has sold its 50% stake in Fontainebleau Miami Beach to Florida-based developer Turnberry Ltd. for an undisclosed sum.

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DP World Extends Maturity Date of US$1BN Loan

DP World, because of favorable market terms, was able to extend its revolving credit facility.

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