Mohamed Ali Alabbar, Chairman of Dubai Financial Advisory Council and Chairman of Emaar Properties, laughed off rumours that Dubai may sell equity stakes in companies such as Emirates, Jumeirah or Nakheel, perhaps to the Government of Abu Dhabi, in order to fund sovereign debt obligations. "I have been receiving calls that Emirates has been sold and I laughed. It is a rumour and is absolutely not true. The government has not sold a thing and we will not be selling, as simple as that," Alabbar told reporters on the sidelines of DIFC Week.
http://www.business24-7.ae/articles/...8b6ca8b4d.aspx
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