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    Today is Tuesday, February 9, 2010 at 
    - Countdown to Market Close:

    Bloomberg – D.E. Shaw & Co., the $29 billion investment firm run by David Shaw, said the Dubai Financial Services Authority granted its Middle East unit a license to operate from the Dubai .

    The firm aims to build on its public and private investment through regional unit D.E. Shaw & Co. MENA Ltd., the New York- based hedge fund manager said in an e-mailed statement from Dubai today. This will be D.E. Shaw’s first office in the Middle East and North Africa region and adds to its 13 across North America, Europe and Asia, it added.

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    Dubai Will Not Guarantee Debts of Dubai World
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    Read more on Investing in the United Arab Emirates, Hedge Funds at Wikinvest
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