Louvre Abu Dhabi Design Awarded to Nathalie Crinière

Nathalie Crinière Wins Louvre Abu Dhabi Design Competition
Contract Magazine - New York City, New York, USA
Agence France-Museums, in partnership with Abu Dhabi's Tourism Development & Investment Company (TDIC), today announced that the firm of Nathalie Crinière has been selected to create the exhibition design for the Louvre Abu Dhabi, one of the five major institutions being planned for Abu Dhabi's Saadiyat Island Cultural District. Nathalie Crinière was awarded the project through a competition among six invited design firms. ...

132kV Substations at Nakheel's Waterfront Development

Foundation laid for Waterfront substations
XPRESS - Dubai, Dubai, United Arab Emirates

Nakheel accomplished yet another milestone at Waterfront - casting the raft foundations for two of its 132kV substations. A total of 1,700 tonnes of concrete and 170 tonnes of reinforced steel were used to complete the foundations. ...

Borse Dubai to Refinance $2.5 Billion Loan

Borse Dubai May Refinance $2.5 Billion Loan as Credit Eases
Bloomberg - USA
Jan. 8 (Bloomberg) -- Borse Dubai Ltd. may be the emirate's first state-owned company to tap banks to refinance a multibillion-dollar loan since September, a sign interest rates have returned to levels companies are willing to accept.

Borse Dubai, the owner of Nasdaq Dubai, is seeking a $2.5 billion loan this month, according to bankers close to the talks who declined to be identified because the negotiations are private. It needs to replace a one-year syndicated loan taken out last year to pay for the purchase of Swedish exchange OMX AB.

MGM Mirage Casinos May Get Sold

MGM Mirage's CEO to 'Dramatically' Cut Debt, May Sell Casinos
Bloomberg - USA
Jan. 8 (Bloomberg) -- MGM Mirage's new chief executive officer, James Murren, said he plans to "dramatically" reduce debt and will consider further casino sales as he overhauls the company's balance sheet. ...