Home » Local News » Dubai Holding Thrown $2bn Lifeline
Posted on 16 November 2010. Tags: Abu Dhabi, Ajman, Al Ain, Dubai, Dubai News, Fujairah, Government, Ras Al Khaimah, Sharjah, UAE, Umm al-Quwain
The Dubai government has taken control of the financial restructuring of Dubai Holding, pumping $2bn into a troubled conglomerate that once symbolised the Gulf emirate’s extravagant development.
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