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Showing posts with label Dubai News. Show all posts
Showing posts with label Dubai News. Show all posts

Dubai News Sheik Buys Spanish Club

The Royal Emirates Group of Companies, a Dubai business group headed by Sheik Butti bin Suhail Al Maktoum, bought the Spanish club Getafe. Kaiser Rafiq, a partner and managing director of the group, said the company paid between $100 million to $130 million for the team.

Sheik Butti is the latest Middle East investor to buy a European club. Abu Dhabi’s Sheik Mansour took over English Premier League team Manchester City in 2008, and a Qatar sheik purchased the Spanish club Málaga in June.

Dubai News: Fuel Supply Interrupted

Despite inside reports that Emirates General Petroleum Corporation (Emarat) had restored fuel normal supply after days of emptiness, motorists were not getting it by on Thursday evening and the problem was catching up to some other pump stations of different labels.