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Business 19 Aug 2003 | 12:00 AM

Construction boom in Dubai part of city's plan to be financial, tourist hub

Dubai is now in the midst of a second boom, linked to its aggressive campaign to be the region's business, shopping and tourist hub.

Business 12 Jul 2003 | 12:00 AM

Two KDEB units to handle bulk of RM20b contracts

KUMPULAN Darul Ehsan Bhd (KDEB), the investment arm of the Selangor government, has secured contracts worth RM20bil, the bulk of which will eventually be undertaken by its two newly restructured companies.

Business 25 Jun 2003 | 12:00 AM

Sri Hartamas revamp to be completed by September

FACB Resorts Bhd, the white knight to the rescue of indebted Sri Hartamas Bhd, hopes to finally complete the latter#146;s restructuring by September and have a new subsidiary assume its listed status on the KLSE main board.

Business 19 May 2003 | 12:00 AM

Flashier Dubai is fast becoming major tourist site

DUBAI, the United Arab Emi- rates#039; cosmopolitan melting pot, has become one of the most exciting cities in the Gulf region, thanks to the city rulers.

Business 04 Mar 2003 | 12:00 AM

Ratings

RATING Agency Malaysia Bhd (RAM) has downgraded the long-term rating of B>FACB RESORTS BHD'S/BRM420mil zero coupon redeemable secured bonds to I>B1(s)/Ifrom I>BB3(s)/I>.