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Politics : Formerly About Advanced Micro Devices

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To: Elroy who wrote (278600)	3/6/2006 1:46:49 AM
From: Elroy	Read Replies (2) of 1572097

Timely article A controversial ports deal has raised new questions about the booming Arab sheikdom. Inside one of the world's most modern, and yet mysterious, monarchies. msnbc.msn.com Acquisitions are key to DP World's expansion strategy, but it got its new U.S. holdings almost by accident, as part of the deal when it purchased P&O of Britain last year. The P&O-controlled terminals in the United States would require major investment to bring them up to the cutting-edge standard of DP World facilities at home in Dubai. "Believe me, they didn't set out to acquire six small properties in the U.S.," says Stephen Flynn, a transport expert at the Council of Foreign Relations in New York. "What really interests them are the P&O holdings in India and China."

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