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Email this article: Kerzner hands Atlantis the Palm to Dubai in debt restructuring
Posted: Fri April 27, 2012 11:50 pm
UAE. Kerzner sold a 50% stake in Atlantis the Palm in Dubai to resort co-owner Istithmar World, a unit of Dubai World, for US$250 million, according to a statement.
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UAE. AQR Asset Management Institute hosts inaugural debate on monetary policy impact on global markets; 64% of delegates felt that Quantitative Easing is highly likely to create an asset price bubble - where prices become disconnected from reality.
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