Financial Times FT.com

Fears grow over new Dubai revolt

By Stephanie Kirchgaessner in Washington and James Boxell in London

Published: March 21 2006 20:58 | Last updated: March 22 2006 00:39

Arab and US officials are growing nervous at the prospect of a second congressional uprising against the acquisition of American assets by a Middle Eastern-controlled company in the wake of the Dubai Ports World debacle.

A person familiar with the thinking of both the US and United Arab Emirates said officials were concerned that the pending investigation of Dubai International Capital?s ?700m ($1.2bn) purchase of Doncasters, a privately-held British aerospace manufacturer that works on sensitive US weapons programmes, including the Joint Strike Fighter, could provoke a similar backlash and further damage the relationship between the two countries.

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