Dubai's Jumeirah Group Continues Expansion Plans | wsj.com

The head of Dubai-based luxury resort operator Jumeirah Group said the company's expansion plans are continuing despite declines in revenue and worries about its home city's financial condition. Gerald Lawless, executive chairman of Jumeirah, shrugged off concerns that Jumeirah's parent, Dubai Holding, could become the next casualty of the Gulf emirate's debt woes.