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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Dubai World chairman says group does not face funding crunch

Posted on 31 October 2008

From Gulfnews.com: Dubai World on Thursday said it faced no resource-crunch in its expansion plans as its chairman discounted the likelihood of a huge impact of the global financial crisis on the Gulf region.

The group, which owns companies such as real estate developer Nakheel, private equity firm Istithmar and the world’s fourth-largest port operator DP World, said it continues to pursue acquisitions in many countries….. Full Article: Source


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