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Friday, March 10, 2006

U.S. House panel votes to block Dubai ports deal:

By a vote of 62-2, the House Appropriations Committee approved the amendment to stop the state-owned United Arab Emirates company Dubai Ports World from managing terminals at the American ports.

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Bye-Bye Dubai?:

In what could be a last-ditch effort to salvage its deal to operate American East and Gulf Coast ports, DP World told Congress that it would agree to transfer control to a "U.S. entity," which could simply mean a subsidiary of the Dubai operation.

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