Wednesday 24 October 2012

UAE anger at Britain hits business - FT.com

Tensions between the UK and the United Arab Emirates are threatening to undermine business dealings between the two countries, with BP’s unexpected exclusion from bidding for an onshore oil concession an indication of a new volatility in the relationship.
While the UAE has declined to say why it has not yet invited BP to tender, many observers in Abu Dhabi see the company as a casualty of government anger at claims it is being repressive in its treatment of an alleged Islamist extremist cell.

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