Sunday, 25 October 2009

Istithmar CEO Jackson Tells CNBC He Won’t ‘Abandon the Ship’

Istithmar World PJSC Chief Executive Officer David Jackson, speaking to CNBC, said he won’t “abandon the ship” right now.

Jackson told the financial news channel that the Dubai government-owned investment company will keep honoring its financial obligations and that its portfolio is “in good shape.” Jackson said no one is putting lots of cash to work right now.END

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