Dubai World Proposes Rescue Plan For City Center
Published by Irhal
Dubai World has put forward a plan to save the financially troubled City Center project. The proposal requires that the billions of dollars necessary to complete the project be pledged. Dubai World is Dubai’s government owned investment agency. They partnered with MGM Mirage to develop the City Center Project, and recently sued MGM Mirage in order to protect its $4.3 billion investment if MGM Mirage goes into…
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