The director general of the Dubai Ruler’s Court Mohammed Ibrahim Al Shaibani has suggested that the emirate could offer a stake sale in Emirates Airline as part of plans to reduce the its debt. “The possibility of offering a stake in Emirates Airlines to the public is always there and is being studied and considered,” said Al Shaibani. But he backtracked a little by saying that offering stakes in “solid commercial companies” such as the airline was “not always useful”. However Dubai’s sovereign debt is around $30 billion, selling a stake in Emirates would go a long way to paying

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