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UAE terminal takeover extends to 21 ports
A United Arab Emirates government-owned company is poised to take over port terminal operations in 21 American ports, far more than the six widely reported.
The Bush administration has approved the takeover of British-owned Peninsular & Oriental Steam Navigation Co. to DP World, a deal set to go forward March 2 unless Congress intervenes.
P&O is the parent company of P&O Ports North America, which leases terminals for the import and export and loading and unloading and security of cargo in 21 ports, 11 on the East Coast, ranging from Portland, Maine to Miami, Florida, and 10 on the Gulf Coast, from Gulfport, Miss., to Corpus Christi, Texas, according to the company's Web site.
For more information:
http://www.upi.com/SecurityTerrorism/view....
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Subject: UAE gave $1 million to Bush library
A sheik from the United Arab Emirates contributed at least $1 million to the Bush Library Foundation, which established the George Bush Presidential Library at Texas A&M University in College Station.
The UAE owns Dubai Port Co., which is taking operations from London-based Peninsular and Oriental Steam Navigation Co., which operates six U.S. ports. A political uproar has ensued over the deal, which the White House approved without congressional oversight.
The donations were made in the early 1990s for the library, which houses the papers of former President George Bush, the current president's father.
The list of donors names Sheik Zayed Bin Sultan al Nahyan and the people of the United Arab Emirates as one donor in the $1 million or more category.
The amount of the gift grants them recognition on the engraved donor wall in the library entrance or on the paving bricks that line the library's walkways, according to library documents.
Roman Popaduik, chairman of the Bush Library Foundation that collects donations, said he could not discuss details of the gifts except to say the amount category and whether it was before or after 1997.
The chief executive of the Dubai company, Ahmed bin Sulayem, did not donate individually.
The hundreds of large donors include longtime Bush associates, including Vice President Dick Cheney and other administration officials as well as business titans — such as Enron Corp. founder Kenneth Lay — and big Republican donors.
Other Arab donors include the state of Kuwait, the Bandar bin Sultan family, the Sultanate of Oman, King Hassan II of Morocco and the amir of Qatar. The former Korean prime minister and China also gave tens of thousands of dollars to the library.