Dubai Holding has no plans to sell Jumeirah Group

21 December 2009

Gerald Lawless, CEO of Jumeirah Group has said that the luxury hospitality firm will not be sold by Dubai World to pay off debts maturing next year, Reuters has reported. 'Jumeirah and Dubai Holding are part of each other and Jumeirah is not going anywhere,' Lawless said. 'Dubai Holding will be fine.'

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications