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THE MIDDLE EAST PUTS IN AN OFFER FOR PORTSMOUTH FOOTBALL CLUB

England’s Portsmouth Football Club could soon belong to Middle Eastern owners again.

Details of a 20 million dollar offer were sent to the club’s administrators last Tuesday, according to Arabian Business.

The publication has seen evidence of that sum being deposited into an escrow account at Dubai Bank.

Abu Dhabi’s Sulaiman Al Fahim took over Portsmouth in 2009 when the team played in the Premier League, but Arabian Business has sworn not to reveal names behind the latest bid for the south-coast club.

Abu Dhabi looks to boost economic ties at investment forum

Abu Dhabi Investment Forum will begin tomorrow in Paris, and it's looking to bring together business and government leaders from the UAE and France.

Swervers in Dubai could face harsher penalties

Motorists in Dubai will soon think twice about changing lanes without indicating.

MENA needs more female businesswomen

Regional governments need to do more to support women in business. That's the message from the Organisation for Economic Cooperation and Development.

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