26th Jan 2008
Davos: Dubai World, the state-owned investment group that agreed to invest as much as $5.1 billion in MGM Mirage, plans to open at least three hotels in the Middle East and Asia with its US partner.
Dubai World plans "to take the brands of MGM for non-gaming hotels in Dubai, Singapore and China," Chairman Sultan Bin Sulayem said in an interview at the World Economic Forum in Davos, Switzerland, yesterday. "I assume we'll be investing, though they can join us if they want." >>>> More
