Istithmar World Capital to Sell More Assets

Istithmar Set To Launch Fresh Asset Sales
Zaywa

Istithmar World Capital is looking to sell more assets after offloading some stakes in recent months as the Dubai investment company returns cash to its parent, one of the more indebted wings of the government.

The five-year-old company will seek to harvest profits on long-held companies in spite of the depressed global market for assets, but it will not resort to fire sales, said David Jackson, chief executive. ...