Dubai to float a fifth of stock market

The Dubai government wants to sell a fifth of the Dubai Financial Market, the country's domestic stock exchange, following a year of successful flotations for cash and derivatives exchanges.

In a meeting of the Dubai Executive Council on Tuesday, Dubai's Crown Prince Sheikh Mohammed bin Rashid declared the stake would be sold.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.