|
|
Article: Dubai World 'units not for sale'.
- Article from:
- TradeArabia (Manama, Bahrain)
- Article date:
- November 18, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Dubai
(Category: Banking, Finance & Insurance )
(Image: dw.gif )
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 ...