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Dubai looking to sell Asian assets

Posted on 11 February 2010

From Financierworldwide.com: State-related Dubai entities have begun talks to offload Asian assets in a bid to speed up the pace of their overseas asset sales, and to ease their debt burdens.

The Financial Times reports that Emaar Properties is in discussions with potential buyers of its majority stake in Singapore-based distributor and retailer RSH. RSH operates across Asia and the Middle East, working with brands such as Zara and Mango………………………………….Full Article: Source

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