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Dubai World set for sale of its assets

Posted: December 8, 2009 at 4:45 a.m.

DUBAI, United Arab Emirates — Dubai World, the cash strapped conglomerate at the center of Dubai’s debt crisis, appears set for an unaccustomed period of retrenchment after the emirate’s top finance official said Monday the company may need to change course and unload assets as it struggles to pay back lenders.

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Business, Pages 23 on 12/08/2009

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