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Abu Dhabi

March 10, 2010

Rupert Murdoch, the family head of media empire News Corporation, announced yesterday that the company plans to expand its presence in the Middle East and base its operations there in Abu Dhabi.

Rupert Murdoch, the family head of media empire News Corporation, announced yesterday that the company plans to expand its presence in the Middle East and base its operations there in Abu Dhabi.
 
Speaking at the Abu Dhabi Media Summit, he said: "We will headquarter the Middle East operations for our global online advertising network business in Abu Dhabi."

January 7, 2010

While many of the English Premier League’s top football clubs enter 2010 laden with debt, Abu Dhabi’s ruling family has ensured Manchester City is not one of them. The club announced on Tuesday its family owners have converted £305 million of loans into equity before buying shares of just under £90 million, effectively removing a large proportion of the club’s debt.

While many of the English Premier League's top football clubs enter 2010 laden with debt, Abu Dhabi's ruling family has ensured Manchester City is not one of them. The club announced on Tuesday its family owners have converted £305 million of loans into equity before buying shares of just under £90 million, effectively removing a large proportion of the club's debt.

March 19, 2009

The ruling family of Abu Dhabi, the al Nahyan dynasty, is backing an ambitious project to set up a chain of schools around the world.

The ruling family of Abu Dhabi, the al Nahyan dynasty, is backing an ambitious project to set up a chain of schools around the world. The emirate's international investment company's real estate arm, Bloom Properties, has signed a deal with a leading British private school to establish a dozen more institutions.

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