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Damas
Main Category: Jewellery ManufacturerCity : Dubai
Country : United Arab Emirates
ALL STORIES LIST
Sunday, 19 September 2010
Dubai-based jewelry retailer extends a standstill deal with its creditors to Nov. 30.
read more »Wednesday, 1 September 2010
Saudi PE firm had accused troubled jewellery giant of failing to pay for shares.
read more »Monday, 2 August 2010
Dubai jeweller may face 'significant uncertainty' to operate its business in future, the firm's auditors says.
read more »Sunday, 1 August 2010
Dubai-based jewellery retailer booked significant provisions after 'challenging 12 months'.
read more »Thursday, 22 July 2010
Standstill accord extended until Sept 30 to allow the firm to complete revamp.
read more »Friday, 16 July 2010
'The standstill is in the final stages of being extended until the end of September.'
read more »Wednesday, 9 June 2010
Andrew White wonders what shareholders will make of the Abdullah brothers' return.
read more »Thursday, 29 April 2010
Firm is currently restructuring its debt and earlier this month replaced its board.
read more »Tuesday, 23 March 2010
KSA private equity firm suing embattled former bosses of jewellery giant for $22m.
read more »Tuesday, 9 February 2010
Chief Financial Officer to be interim acting chief executive as part of management changes.
read more »Sunday, 17 January 2010
Sources say jeweller is near to agreeing debt freeze to defer loan repayments.
read more »Sunday, 27 December 2009
The 350 milliion shares registered will repay $165 million as part of a settlement.
read more »Wednesday, 16 December 2009
Ability to meet financial obligations dependent on agreement with jeweller's lenders.
read more »Sunday, 25 October 2009
Move comes after Dubai jeweller's CEO admitted 'unauthorised transactions'.
read more »Sunday, 21 June 2009
Dubai jeweller and India's Gitanjali Gems plan 60 store openings by 2014.
read more »Sunday, 1 March 2009
Gulf jewellers are reporting lacklustre sales, as recession-spooked investors are pushing up gold prices.
read more »Tuesday, 16 December 2008
EXCLUSIVE: Luxury retailer says number of tourists visiting stores has fallen since Oct.
read more »Thursday, 20 November 2008
Jewellery retailer says it has seen slowdown in sales at the top end of the market.
read more »Sunday, 14 September 2008
Damas CEO Tawhid Abdullah talks about what lies ahead for the jewellery giant following its DIFX listing.
read more »Thursday, 17 July 2008
Damas CEO Tawhid Abdullah on how the firm's IPO will allow the jewellery giant to strike new markets.
read more »Wednesday, 2 July 2008
Dubai jewellery group says priced shares in IPO at bottom of the range, raised about $270mn.
read more »Wednesday, 25 June 2008
Diamond-encrusted publication Kohl expected to be world's most expensive magazine.
read more »Wednesday, 18 June 2008
Global jeweler and watch retailer to list 28% stake on DIFX to fund aggressive expansion plans.
read more »Monday, 14 April 2008
Dubai-based jewellery group looks to raise capital through share offering for regional expansion.
read more »Sunday, 9 December 2007
Companies heap pressure on central bank to sever dirham's peg to weakened US dollar.
read more »Wednesday, 7 November 2007
Dubai jewellery group may also list shares in Italian unit in next four years, exec says.
read more »Wednesday, 10 October 2007
Jean Habis, co-owner of HDD Interiors discuses the changing task of designing in Dubai and the increasingly pro-active role of the client.
read more »Tuesday, 5 June 2007
Damas forms Italian-based joint venture with Burani Fashion to boost jewellery offering.
read more »Saturday, 14 April 2007
Arabian Business has published its '50 Most Admired' list of regional companies.
read more »Wednesday, 24 January 2007
Emaar Industries and Investments and Damas plan to build the emirate's largest jewellery factory.
read more »Sunday, 17 December 2006
Held under the patronage of HH Sheikh Mohammed Bin Zayed Al Nahyan and attended by HH Sheikh Hamed Bin Zayed Al Nahyan at a glittering event at the Emirates Palace in Abu Dhabi, the top achievers of the year were honoured at the Arabian Business Achievement Awards 2006.
read more »Saturday, 9 December 2006
Tawhid Abdullah of jewellery company Damas scoops Businessman of the Year
read more »Sunday, 26 November 2006
UAE luxury retailer Damas is poised for a US$500m listing next year on the Dubai International Financial Exchange, Arabian Business can reveal.
read more »Sunday, 12 November 2006
Advertising and marketing directed towards GCC Arab women is often condescending and lacking in insight. Iain Akerman takes a look at what, and how, things need to change
read more »
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