Istithmar 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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Dubai state fund acquires Atlantis hotel for undisclosed sum

Dubai state fund Investment Corp of Dubai (ICD) announced on Thursday that it has purchased the Atlantis hotel from a Dubai World unit for an undisclosed amount.

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Istithmar World appoints new CEO

Istithmar World announced the appointment of Ziad Makkawi as its new CEO.

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