Saturday, February 13, 2010

Dubai selling off the Queen Elizabeth 2?

NEW YORK (CNNMoney.com) -- Dubai is reportedly preparing to sell a host of assets, including one of the world's best known cruise ships, as the emirate's investment arm looks to restructure a mountain of debt.

The Queen Elizabeth II, or QE2, is rumored to be one of the assets that Dubai's state-run private equity firm, Istithmar World, is planning to sell. An Istithmar spokesman did not respond to requests for comment on Tuesday.

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