• search

Dubai Ports, P

Written by: Staff

Washington, Mar 4: The United States (US) Treasury Department said it received an application from an Arab-based port operator needed to start a second Government review of the company's plans to take over management of six US ports, a deal that triggered a firestorm of controversy in Congress.

The agency said in a statement it would soon make a determination of when to begin a 45-day review, which was prompted by lawmakers' concerns about homeland security and the rigor of the Bush administration's initial review of Dubai Ports World's planned purchase of Britain's P&O for .85 billion.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more