assets in the US and Europe, said US consulting firm Floyd Associates. In September 2007 in a complex set of transactions, Dubai proposed to acquire 19.9% of the NASDAQ, placing the Arab nation in an ownership position of a key US stock exchange. Earlier in the year through the state owned holding company for Dubai…
MIDDLE EAST: High-priced oil helps cash-flushed Arab states buy up US assets
Posted on November 20, 2007 by EnergyAsia