After several months of suffering numerous criticisms, the United Arab Emirates finally yields to political antagonism. Dubai Ports World has ordered the removal of the facilities from the five ports they have purchased from the United States. Dubai has announced their decision right after the meeting between the Republican representatives in both the House and Senate was concluded. In the private meeting held in the morning, the leaders told Bush that that transaction between the U.S and the United Arab Emirates was destined to fail.
Some business factions said that this mounting paranoia in the U.S Senate could possibly harm future trade investments. This defeat, some warned, may come back and haunt the U.S because it may damage the relationship between both countries. It should be noted that the UAE is an important ally nation of the United States in the Middle East. In an act to save the rapport between the two countries, UAEs Prime Minister Sheikh Mohammed bin Rashid al Maktoum has decided to hand the operations of the P and O Ports North America Inc. to the supervision of the U.S.
Just last February, DP World has announced that they will put their plan to...
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