Life Overseas
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Dubai Duty Free picks banks for $1.1 bn loan
Mon Apr 9, 2012 6:04am EDT DUBAI, APRIL 9 – Airport retailer Dubai Duty Free has mandated banks for a $1.1 billion multi-tranche loan facility to help fund the expansion of Dubai’s international airport, the company said in a statement on Monday. Citibank (C.N) along with Dubai Islamic DISB.DU, HSBC (HSBA.L) and Emirates NBD ENBD.DU [...]
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Beijing grapples with Games legacy four years on
By Ben Blanchard and Haze Fan BEIJING | Mon Apr 9, 2012 4:55am EDT (Reuters) – Four years after Beijing hosted a spectacular summer Olympics, China’s bustling capital sees vastly improved public transport and infrastructure, but many of the venues built for the event languish unloved, underused and draining public finances. The jewels in the [...]
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