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Article: Dubai World not for sale, Bin Sulayem says.

Article from:
Gulf News (United Arab Emirates)
Article date:
November 18, 2008
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Dubai: Dubai World and its subsidiaries are not for sale, Sultan Ahmad Bin Sulayem, executive chairman of one of Dubai's largest holding companies, said in an interview.

"We are still studying the option of offering stakes of Dubai World companies for public subscription, which is a valid option for companies," Bin Sulayem told the Arabic daily Al Khaleej.

"However, we have not entered negotiations for selling stakes or received any offers," Bin Sulayem said, adding that the issue is not open for discussion.

DP World, one of the group's largest entities last year floated shares on the Dubai International Financial Exchange.

Dubai World ...

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