Dubai Government said it is planning to open up leading Dubai-owned companies for public equity participation.
"Dubai will seek to diversify its funding sources though both debt and equity capital," Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of Supreme Fiscal Committee and Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group told a news gathering on Sunday.
Dubai Government also announced the successful restructuring of Dubai World - its largest conglomerate that sought a standstill to restructure part of its then $59 billion debt.
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