Middle East/Africa

EMIRATES HEAD BECOMES CHAIR OF DUBAI WORLD

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EMIRATES HEAD BECOMES CHAIR OF DUBAI WORLD

Sheikh Ahmed bin Saeed Al Maktoum, head of Emirates airline, has been named chairman of Dubai World.  Sheikh Ahmed replaces Sultan Ahmed bin Sulayem. Dubai World is heavily in debt after it ran $40 billion into the red through extensive expansion and acquisitions. DP World is the world's four...

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