Abu Dhabi bolsters show of Picassos
Summary from United States, from articles in English
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Unlike its neighbor Dubai, which is attracting big business and mass tourism, Abu Dhabi tries to attract more sophisticated visitors to come for exhibitions and music concerts rather than sprawling beaches and giant shopping malls. (article 4)
At a time when record oil prices are making Arab investors rich, U.S. Treasury Secretary Henry Paulson is courting those investors to pour their billions back into the United States. (article 2)
During his weekend tour in Saudi Arabia, Qatar and the United Arab Emirates, Paulson met with sheikhs and financial decision-makers. (article 2)
The nations of the Gulf Cooperation Council (GCC), a union of six states in the Arabian Peninsula, represent the rising financial power behind a series of high-profile investments over the past year. (article 2)
Hank Paulson on Monday sought to reassure Gulf investors that the US was open to investment from the oil rich region, including from sovereign wealth funds. (article 1)
These state investment vehicles have been under increasing scrutiny over their activities in western markets, where they have snapped up assets in financial and other sectors. (article 1)
Speaking in Abu Dhabi, home to the region's largest SWF, Mr Paulson said: " Our objectives are not always understood (article 1)
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Event tracking:
Story keywords
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Dhabi, Paulson, Abu, Dubai, Gulf |
Source articles
- Paulson keen to attract Gulf wealth funds (ft.com, 06/02/2008, 143 words)
- ABC News: Treasury Chief Trolling for Petrodollars (ABCNews, 06/02/2008, 345 words)
- Hillwood to help develop mixed-use project near Abu Dhabi (dallasnews.com, 06/02/2008, 177 words)
- Abu Dhabi bolsters show of Picassos (sfgate.com, 06/03/2008, 206 words)
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