The Government of Dubai has taken a 30 per cent stake in Galadari Brothers Co, a family-owned group in the emirate that publishes the Khaleej Times, according to Dow Jones Newswires.
A court appointed by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, first restructured the group and then replced the board with a three-member temporary board, the financial news organisation said. [gulf news] [zawya]
13 October, 2006
What will happen to dear KT?
Subscribe to:
Post Comments (Atom)
Posts
2 comments:
Now their debt's been written off maybe they'll be able to afford some professional journalists.
30% Government propaganda and 70% pure KT sounds like a lethal combination. :D
Post a Comment
NOTE: By making a post/comment on this blog you agree that you are solely responsible for its content and that you are up to date on the laws of the country you are posting from and that your post/comment abides by them.
To read the rules click here
If you would like to post content on this blog click here