Dubai Invests In Cirque

The government-controlled developer of palm-shaped islands off Dubai’s coast and a related investment arm said August 6 they have bought a 20 percent stake in Cirque du Soleil.

Property developer Nakheel and investment company Istithmar World Capital did not say how much they paid for their share of the group.

The companies are part of Dubai World, a diversified holding company owned by the government of Dubai.