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Abu Dhabi spaworld.tv | Scheduled in Berlin (2010), Abu Dhabi (2012) and Tokyo... icoph.org | United Medical Resource Group unitedmedgroup.com |
The Abu Dhabi United Group for Development and Investment (ADUG) is a United Arab Emirates (UAE) private equity company owned by Sheikh Mansour bin Zayed Al Nahyan, Member of the Abu Dhabi Royal Family and Minister of Presidential Affairs for the UAE.[1][2] It was initially thought that Abu Dhabi United Group is a part of Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi. But Abu Dhabi United Group had denied connection to the government of Abu Dhabi.[3] The Group bought Manchester City Football Club, negotiating the deal on 1 September 2008. The deal was struck late on Sunday night between the club’s former owner Thaksin Shinawatra, former Prime Minister of Thailand, and ADUG.[4] The US-educated Sulaiman Al-Fahim was the public face of ADUG during the initial phase of the takeover and is often described as the "Donald Trump of Abu Dhabi".[5] The takeover was completed on 23 September 2008.[6] [edit] See also[edit] References
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