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'No Abu Dhabi offer for Dubai assets'

Dubai, November 24, 2008

Dubai has recieved no offers for its major assets such as Nakheel Properties or Emirates airlines from Abu Dhabi or other parties, a Dubai government official said on Monday.

"It is not true," Mohamed Alabbar, who is a member of Dubai's executive council and chairman of Emaar Properties told Al Arabiya TV.

"Dubai has recieved no offer either directly or indirectly from Abu Dhabi or any other party on earth," he said when asked if Dubai's assets such as Nakheel or Emirates were for sale. -Reuters




Tags: Dubai | Alabbar |

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