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CFIUS Review of New Proposed Dubai Purchase Nears CompletionBy Andrew Cochran
On March 27, I posted, "Round Two of Dubai Investment Issue Begins, This Time for U.S. Defense Plants," about the CFIUS review of the proposed purchase by Dubai International Capital, an investment company owned by the ruling family, of the British aerospace company Doncasters Group, Ltd., which owns numerous defense-related plants in the United States. Today's edition of the "New York Sun" reports that the CFIUS review report is apparently headed to the White House and cites another publication's report that CFIUS recommends approval of the purchase. When Congress returns during the week of April 25, this proposal will focus Congressional scrutiny, again, on the record of the UAE government in preventing and halting Islamic terrorism. My March 27 post inlcudes links to all of the CT Blog postings on that subject.
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