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How far does Gulf money go? An Abu Dhabi-backed newspaper buyout attempt is sparking panic in London
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How far does Gulf money go? An Abu Dhabi-backed newspaper buyout attempt is sparking panic in London

Mansions, university facilities, think tanks, sports teams — the U.K. is no stranger to Gulf money and multibillion-dollar investments streaming from Qatar, the United Arab Emirates and Saudi Arabia into British institutions. But newspapers? That’s a hard stop, apparently. The latest investment pursuit flowing westward from one of the U.K.’s close Gulf allies, the UAE,...

THE BATTLE OF THE TWO ROSES
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THE BATTLE OF THE TWO ROSES

11 March is the fated date on which Ofcom, the media regulatory body from the UK, will release the report concerning the desirability of the acquisition of The Daily Telegraph and The Spectator by an UAE investment fund. In the meantime, the debate between those against the buyout and those supporting it is shaping up...