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Friday, February 24, 2006

United Arab Emirates Donated At Least $1M To Bush Library

POSTED: 7:37 am CST February 24, 2006

HOUSTON -- A sheik from the United Arab Emirates contributed at least $1 million to the Bush Library Foundation, which established the George Bush Presidential Library at Texas A&M University in College Station.

The UAE owns Dubai Ports World, which is taking operations from London-based Peninsular and Oriental Steam Navigation Co., which operates six U.S. ports.

A political uproar has ensued over the deal, which the White House approved without congressional oversight. Dubai Ports World offered Thursday night to delay part of the takeover to give the Bush administration more time to convince lawmakers the deal poses no security risks. >>>cont

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