Subscribe to RSS feedDubai World could consider selling assets
Debt-laden conglomerate Dubai World – whose empire includes global ports operator DP World – may sell off assets to raise cash, according to a senior government official quoted by news agencies.
DP World’s Jebel Ali Port, Dubai: part of struggling Dubai World.
Dubai finance department director-general Abdul Rahman al-Saleh did not indicate which assets were for sale, in an interview posted on the website of Arab news agency al-Jazeera.
However, he said that the assets in question would be those belonging to Dubai...
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