Dubai Holding Eyes U.S. in First Post-Crisis Overseas Investment
- Investment company sees opportunities in new technologies
- Dubai joins Qatar in expressing interest in U.S. investments
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Dubai Holding LLC, an investment company owned by the emirate’s ruler, may look at U.S. acquisitions again in what would be its first overseas investment since the financial crisis.
The holding company said "new technologies" in the U.S. are a potential area of interest as it diversifies outside its home market, Ahmad Bin Byat, vice chairman and managing director of Dubai Holding, told reporters on Tuesday. He didn’t give more details.