Upload

Loading icon Loading...

The uploader has not made this video available in your country.

Sorry about that.

Abu Dhabi bucking economic downturn - 24 Sep 08

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Al Jazeera English's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Al Jazeera English's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Al Jazeera English's video to your playlist.

Uploaded on Sep 24, 2008

While the United States staggers through a financial crisis, the contrast couldn't be bigger in Abu Dhabi, in the United Arab Emirates.

It's now building the first ever branch of the Louvre on a man-made island, paying $520 million to the French museum for the right to use its name.

A New York landmark is also now owned by Abu Dhabi. It spent $800 million buying a 75 per cent stake in the Chrysler Building back in July.

And three weeks ago, it forked out around $370 million for a 90 per cent stake in English football club, Manchester City.

From Abu Dhabi, Hashem Ahelbarra reports on the economy bucking the global trend.

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Loading...
Working...
to add this to Watch Later

Add to