Bloomberg News

DIFC Investment Has Not Sold SmartStream Yet, Reuters Reports

May 20, 2012

DIFC Investments LLC hasn’t completed the sale of its SmartStream Technologies Ltd. software unit although the process in under way, Reuters reported, citing the Investment Corp. of Dubai’s chief executive officer.

Several companies are evaluating SmartStream, including some Dubai government-related companies, the news agency cited Mohammed Al Shaibani as saying.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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