FACTBOX-What could Dubai sell?

DUBAI, March 26 Fri Mar 26, 2010 10:49am EDT

DUBAI, March 26 (Reuters) - Dubai's $9.5 billion rescue plan for state-owned conglomerate Dubai World [DBWLD.UL] requires the emirate to stump up $3.8 billion from what it called "internal government resources".

Here are some of the assets it could sell:

DUBAI WORLD ASSETS

DP WORLD DPW.DI

One of the world's largest port operators is arguably the biggest trophy in the cabinet, with a total market cap of about $8 billion. Dubai World owns 77 percent of the company, which plans a London listing in 2010.

STANDARD CHARTERED (STAN.L)

Istithmar bought a 2.7 percent stake worth about $1 billion in October, 2006.

MGM MIRAGE (MGM.N)

In 2007, Dubai World invested about $5 billion in casino operator MGM Mirage (MGM.N) by buying shares and half of an $8.5 billion Las Vegas project.

BARNEYS

Istithmar World bought U.S. luxury retail chain Barneys for $942 million in 2007.

PERELLA WEINBERG

Istithmar also invested about $100 million into the boutique investment bank in 2006.

CIRQUE DU SOLEIL

Property developer Nakheel and Istithmar bought a 20 percent stake in the Montreal-based international circus touring company in June 2008.

TURNBERRY GOLF COURSE

Leisurecorp, Dubai World's leisure and sports investment unit, bought the Turnberry Golf course, home to golf's oldest competition, from Starwood Hotels & Resorts (HOT.N) in Nov 2008 for about $100 million.

QUEEN ELIZABETH 2 LINER

Originally bought in 2007 for $100 million.

ATLANTIS DUBAI

The resort, which opened in November to a $50 million firework display, is a joint venture with South Africa tycoon Sol Kerzner.

DUBAI'S PRIZE ASSETS

EMIRATES

The airline, whose chairman also chairs Dubai's supreme fiscal committee, has $55 billion of plane orders from Boeing (BA.N) and Airbus EAD.PA. It has been at the forefront of turning Dubai into an international hub and had been nearing a potential share sale before the financial crisis hit.

DUBAI ALUMINIUM (DUBAL)

Established in 1979, the aluminium producer has become one of the world's largest producers and exporters of the metal.

LONDON STOCK EXCHANGE (LSE.L)

Borse Dubai took a 21 percent stake in the bourse operator in November 2007 as a long-term investment, but LSE shares were among the biggest fallers on the FTSE 100 after Dubai's debt delay news emerged in November 2009.

HSBC (HSBA.L)

The investment arm of Dubai's ruler Dubai International Capital (DIC) in 2007 bought an undisclosed stake in HSBC, making it one of the largest investors in Europe's biggest bank.

DEUTSCHE BANK (DBKGn.DE)

DIFC Investments, a unit of the Dubai International Financial Centre, bought a 2.2 percent stake in the German lender in 2007 in a deal worth about $1.83 billion.

SONY CORP (6758.T)

DIC, through its Global Strategic Equities Fund (GSEF), bought a stake in the Japanese electronics and entertainment firm in 2007 in what it described at the time as a substantial investment.

EUROPEAN AERONAUTIC DEFENCE & SPACE COMPANY (EADS) EAD.PA

GSEF has a 3.12 percent stake in Airbus parent company EADS, worth more than $500 million at current market price.

ALLIANCE MEDICAL

DIC also in 2007 bought Alliance Medical for $1.25 billion with plans to expand one of Europe's largest MRI and CT scan services provider into the Middle East and Asia.

EMAAR PROPERTIES EMAR.DU

The Arab world's largest property developer by market value is in the midst of a merger with three other state-linked developers. Its portfolio includes Burj Dubai, the world's tallest tower. (Compiled by Dubai bureau, editing by Will Waterman)

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