Moody's downgrades Dar Al-Arkan ratings to Ba3, outlook stable (Saudi Arabia)

11/11/10 DIFC - Dubai, November 10, 2010: Moody's Investors Service has today downgraded the Ba2 ratings for Dar Al-Arkan Real Estate Development Company, Saudi Joint Stock Company ( DAAR DAAR ), Dar Al-Arkan International Sukuk Company II ( DAAR DAAR ISC II) and the US$450 million USD Certificates ("sukuk") to Ba3. The outlook is stable.

+

-

 

SUV plunges off Bacolod port, 1 dead

12/18/10 A sales representative was killed after his sports utility vehicle (SUV) plunged into the sea at the Bacolod Real Estate Development Corp. port early Friday.

+

-

 

Starwood Hotels & Resorts Announces Plans to Debut the First St. Regis Hotel in Jordan

01/28/11 Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announces plans to debut the first St Regis hotel in Jordan, furthering St. Regis' robust global expansion and mission to introduce properties in the world's most dynamic and exciting markets. Owned by Al Maabar Abdoun Real Estate Development Company, a wholly owned subsidiary of Al Maabar International Investments Abu Dhabi, The St. Regis ...

+

-