Saturday, December 13, 2008

DAMAC Denies Misreporting Statment of Reuters and Blooberg

Statement from DAMAC on misreporting by Reuters and Bloomberg today stating DAMAC has sold a 40% stake in the company
Zawya - United Arab Emirates
We have been highly disappointed by Reuters and Bloomberg, for news wires of such an international stature to publish a story without speaking to us and believing a report in a newspaper from a non-existing DAMAC employee/subsidiary in Turkey. ...

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