Monday, 08 February 2010
CIRQUE DU SOLEIL, the Canadian circus group, and the QE2 cruise liner are among a raft of Dubai-owned assets being prepared for sale as part of a huge cash-raising exercise by the debt-laden emirate. Advisers to Dubai World, the state-backed conglomerate, plan to offload a portfolio of trophy assets owned by Istithmar, its privateequity arm. The money raised will be used to pay off some of Dubai World's $22 billion (£14 billion) debts. The group has about 100...
Full Story: The Times
 


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