Economy & business news


Abu Dhabi moves to acquire UK's Telegraph Media Group

A joint venture between United States-based investment firm RedBird Capital and Abu Dhabi’s International Media Investments (IMI) has launched a bid to acquire a pillar of the United Kingdom’s Conservative establishment, the Telegraph Media Group (TMG), which includes The Daily Telegraph and Sunday Telegraph newspapers, and weekly political magazine the Spectator, in a debt-for-equity deal.

Issue 1181 - 22 November 2023

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Abu Dhabi Crown Prince Khaled Bin Mohammed Bin Zayed Al-Nahyan

Abu Dhabi's Sheikh Khalid cultivates role as future leader

Sheikh Khalid Bin Mohammed Bin Zayed Al-Nahyan has attempted to cement his status within the political arena and strengthen his profile among local citizens since he was named Abu Dhabi’s crown prince on 29 March, in a move which put the 41 year-old first in line to succeed his father, President Sheikh Mohammed Bin Zayed Al-Nahyan (MBZ). 

Issue 1181 - 21 November 2023

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