Friday, May 25, 2012
International

The World from Berlin: ThyssenKrupp 'Had No Choice' but to Sell Shipyards to Arab Investors

The World from Berlin ThyssenKrupp 'Had No Choice' but to Sell Shipyards to Arab Investors

SPIEGEL ONLINE - October 16, 2009

A lack of orders had almost sunk the shipbuilding subsidiaries of German steelmaking giant ThyssenKrupp. Now, an investor from Abu Dhabi is buying a large chunk of the operation. German commentators praise the move, but note how the financial crisis has forced Germany to be less picky about foreign investors. more...

Bonn Loses Out Abu Dhabi to Host New Renewables Agency

SPIEGEL ONLINE - June 30, 2009

The new International Renewable Energy Agency will be headquatered in Abu Dhabi. Former German capital Bonn lost out once it became clear that Germany couldn't compete with the cash-rich oil producer. more...

Sovereign Funds Seek Industrial Stakes Arab Sheiks Looking for Treasure in Germany

SPIEGEL ONLINE - March 24, 2009

Abu Dhabi's stake in Daimler may herald a wave of Arab investments in German companies that are now available at bargain prices in the economic crisis. However, the new investors are likely to want a bigger say in corporate strategy than German executives have been used to. By Matthias Kaufmann, Christoph Rottwilm and Nils-Viktor Sorge more...

The World From Berlin 'Germany Should Send a Thank You Letter to Abu Dhabi'

SPIEGEL ONLINE - March 24, 2009

Abu Dhabi's stake in Daimler is a resounding vote of confidence in German industry and is even fueling desperate hopes of an economic recovery, write German media commentators. It is also being seen as a negative signal for ailing automaker Opel, which has yet to attract buyers. more...

Analysts Praise Stake in Auto Giant Abu Dhabi Deal a 'Stroke of Luck' for Daimler

SPIEGEL ONLINE - March 23, 2009

Abu Dhabi has bought a 9.1 percent stake in Daimler in a deal analysts say has come at just the right time for the German automaker battling the global economic downturn. The stake is expected to shield Daimler from a hedge fund takeover. By Hasnain Kazim and Bernhard Zand more...

Architecture's Reality Check Global Downturn Dooms Prestige Construction Projects

SPIEGEL ONLINE - January 15, 2009

The financial crisis has led to the cancellation of spectacular construction projects in the previously booming metropolises of Dubai, Moscow and Abu Dhabi. Does the demise of overblown architecture spell an opportunity for sustainable building? By SPIEGEL Staff more...

Manchester City's New Owners The Sheikhs Take on the Oligarchs in British Football

SPIEGEL ONLINE - September 12, 2008

For years, Manchester City has been overshadowed in the British Premier League by richer and more glamorous teams like Chelsea and Manchester United. But now the new owners from Abu Dhabi have announced an unparalleled shopping spree that will shake up British football. By Maik Grossekathöfer and Gerhard Pfeil more...

Krens' Museum for Global Contemporary Art Guggenheim Abu Dhabi Will Be 'Pharaonic'

SPIEGEL ONLINE - March 27, 2008

In a SPIEGEL interview, one of the art world's biggest globalizing forces, Guggenheim mastermind Thomas Krens, discusses his affinity for massive projects, including the organization's biggest undertaking ever -- an outpost in Abu Dhabi he hopes to establish as the world's first museum for global contemporary art. more...

Eco-Oasis in Abu Dhabi Guess Who's Building a Green City

SPIEGEL ONLINE - December 14, 2007

In a delicious irony, Abu Dhabi is pouring oil billions into a zero-emissions metropolis in the desert. By Stanley Reed more...

The Gulf Comes to Wall Street Abu Dhabi's Citigroup Bargain

SPIEGEL ONLINE - November 28, 2007

The emirate's investment arm grabs a chunk of the financial giant, as US woes offer tempting buys for cash-rich, Gulf state funds. more...








 
TOP



TOP