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Old Aug 30, 2014 | 11:37 pm
  #87  
joshwex90
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Originally Posted by Havoc10G
No it's owned by ICD a government entity. The same as Dubai World which if you remember during the crisis did not receive any automatic guarantee on its debts and went through a restructuring process as did nakheel. Sovereign guarantees are explicit not implicit. There many other examples.
Their own website says:
Originally Posted by Emirates.com
Though wholly owned by the Government of Dubai
Source: The Emirates Story | About Emirates | Emirates
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