Wednesday, November 19, 2008

Dubai World to Take Advantage and Sweep the World

Dubai World to expand hotel network despite global financial crisis
Xinhua - China
Dubai World, a holding company that manages and supervises the portfolio of businesses and projects for the Dubai Government, is planning to expand its hotel network despite the current global financial crisis, local newspaper Gulf News reported on Wednesday. Instead of tightening its purse strings, Dubai World seeks to take advantage of the credit crunch that swept the world, it said. make it

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