News that the investment arm of the oil-rich Dubai government has bought uber-hip retailer Barneys from Jones Apparel should come as no surprise. After all, Dubai is known as the luxury-gobbling Vegas of the Middle Eeast. But how weird is it that it's the government doing the investing? Think of how odd it would be if say, the U.S. Federal Treasury bought Collette in France or Harrod's in Britain. [via New York Times]
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News that the investment arm of the oil-rich 
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