Wall Street Journal,
September 21, 2007
As oil prices soar, Middle Eastern governments are demonstrating their clout in global financial markets — but doing so with a new political savvy
Yesterday saw a burst of deal activity involving Mideast governments, including a battle among two Persian Gulf emirates over the London Stock Exchange and a bid by one of them for a stake in Nasdaq Stock Market Inc. A third emirate announced an investment in Carlyle Group, a Washington-based private-equity firm known for ties to political heavy hitters such as former President Bush.
As Henny Sender, Chip Cummins, Greg Hitt and Jason Singer report, the governments [more].
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Posted on September 21, 2007
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