Dubai Asset Sale

Donald Trump, Roman Abramovitch and Bill Gates may well be licking their lips in anticipation.

We all know Dubai is in deep financial trouble - somewhere in the region of £85 billion, and sadly RBS is also involved.

But what I was not aware of was just some of the fabulous assets owned by Dubai:

QE2 - even in retirement, still the world's most famous liner.

Turnberry - one of the meccas of golf, and an Open championship course.

Barneys - a New York department store.

Cirque du Soleil - the world famous show.

Kerzner's Hotels - the South African enterpreneur Sol Kerzner's hotel empire.

Standard Chartered Bank

MGM Mirage - a stake in the Las Vegas hotel.

Properties include:

Adelphi on the Strand

Grand Buildings in Trafalgar Square.


Rothschild Bank have been called in to oversee the divestment plan.

But apart from the billionaire buyers who else would or could cough up the dough for such glittering prizes?

Well the emirate of Abu Dhabi are very interested! Together along with other emirates, Abu Dhabi and Dubai make up the UAE (United Arab Emirates) but it seems that the £10 billion they invested earlier to their friends means nothing.

Abu Dhabi have their eyes on Emaar, a property company who own the Burj Dubai skyscraper, Dubai Mall shopping centre, and Dubal, Dubai's aluminium company.

It could well be the most incredible firesale in history.