Dubai’s ruler shakes up Dubai World leadership

Dubai’s ruler shakes up Dubai World leadership
DUBAI – DUBAI’S ruler has replaced the longtime head of Dubai World with his close aide and uncle as the debt-laden conglomerate works to retool its business. Sheik Ahmed bin Saeed Al Maktoum was named chairman of the sprawling conglomerate, whose holdings include seaports, high-end retailer Barneys New York and a stake in Las Vegas casino operator MGM Mirage, in a decree carried on Sunday …

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