About Tourism Development & Investment Company ( TDIC )

Tourism Development & Investment Company ( TDIC ), established in 2006 and fully owned by Abu Dhabi Tourism & Culture Authority, is a master developer of major tourism, cultural and residential destinations in Abu Dhabi.

These include Saadiyat, a natural island ten minutes drive from downtown Abu Dhabi featuring luxury resorts, championship beachfront golf courses, sophisticated residential communities, retail destinations and cultural institutions – designed by world-renowned Pritzker Prize-winning architects – such as Zayed National Museum, Louvre Abu Dhabi and Guggenheim Abu Dhabi. TDIC is also developing Desert Islands, a heritage-based tourism destination composed of eight islands – Sir Bani Yas Island, the historical Dalma Island and the previously unexplored Discovery Islands.

TDIC has built a strong reputation among international industry players for its compelling value proposition, transparency of business approach and ability to deliver. The company has been awarded high investment grade ratings of A1, AA, and AA by three top credit rating agencies, Moody’s, Standard & Poor’s and Fitch Ratings, respectively. These ratings reflect TDIC ’s strong financial position and support the company’s credit worthiness to investors, lenders and other market participants.

By creating investment partnerships and joint ventures, TDIC ’s developments are helping to support the Emirate’s evolution into a world-class destination for tourists, businesses and residents. TDICoffers significant employment and vocational training opportunities for Emiratis keen to enhance their careers and professional qualifications.

For further information, please visit www.tdic.ae

Press Information
CONTACT
Farah Al Bakoush
PHONE +971 2 406 1872
EMAIL falbakoush@tdic.ae

© Press Release 2013

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