The two countries look like allies—but are increasingly regional competitors. The Israel-Hamas war unfolded amid an apparent regional trend of peaceful coexistence. The Middle East’s transformation along these lines has been represented by the seemingly ever-closer alliance between Saudi Arabia and the United Arab Emirates, as symbolized by the apparent friendship between their respective de...
Lucy Frazer said she is concerned about the potential influence of Abu Dhabi over The Telegraph. Culture Secretary Lucy Frazer has said she is “minded to” open a second investigation into the proposed sale of Telegraph Media Group to Abu Dhabi-backed Redbird IMI. The move was prompted by Redbird IMI making changes to the corporate structure of the potential acquiring entities...
Abu Dhabi-backed Redbird IMI has submitted a new proposal relating to its planned takeover of the Telegraph newspaper, likely prompting a fresh government probe on public interest grounds, British media minister Lucy Frazer said on Wednesday. The regulators had been due to report back to Frazer by the end of Friday on the first probe....
Abu Dhabi-backed RedBird IMI faces further regulatory scrutiny of its £600mn planned takeover of the Telegraph Media Group following UK government concerns about a proposal to overhaul its corporate structure for the business. RedBird IMI wants to create a holding company via a new English limited partnership to acquire the newspaper group, as part of...
The Abu Dhabi fund pursuing a takeover of The Telegraph has been accused of “last-minute smoke and mirrors” after it revised the deal prompting further delays and uncertainty. Writing in The Telegraph, the former Conservative leader Sir Iain Duncan Smith said the changes were “undoubtedly an attempt to convince the regulators and responsible ministers that...
David Cameron’s appointment as Foreign Secretary took by surprise most of the political analysts and, even more, the public. The way Cameron exited the government drove the idea that his career was over, and he would just collect fat fees from useless conferences for eastern business tycoons or low-level academics. Hard to understand now the...
January 21, 2024 (OMDURMAN) – Sudanese Sovereign Council member and Army Assistant Commander-in-Chief Yasir Al-Atta announced on Sunday that the government would file a complaint with regional organizations and escalate it to the UN Security Council against the UAE for its involvement in exacerbating the armed conflict in Sudan. A recent report by a UN...
The United Arab Emirates (UAE) has funded politically-motivated assassinations in Yemen, a BBC investigation has found, exacerbating a conflict involving the Yemeni government and warring factions which has recently returned to the international spotlight following attacks on ships in the Red Sea. Counter-terrorism training provided by American mercenaries to Emirati officers in Yemen has been...
Bertrand Monnet is a professor, but his field work and research is a little… unusual. Bertrand Monnet is a professor of economic crime at EDHEC Business School in Lille, France. But he’s not like the professors you had at university, quietly sinking five pints of ale in the local each night before plodding off home to watch Blackadder repeats....
The U.S. on Thursday hit a United Arab Emirates shipping firm with sanctions after it transported Russian crude oil above the $60 per barrel price cap. This is Treasury’s first oil price cap enforcement action of 2024 — imposed on Hennesea Holdings Limited and its 18 vessels that the U.S. Treasury now considers blocked property. U.S. firms...