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Royal Emirates Group buys Spanish football team Zaragoza, renamed ‘Team Dubai’

Real ZaragozaRoyal Emirates Group, the Dubai investment group chaired by HRH Sheikh Butti Bin Suhail Al Maktoum, has bought top-league Spanish football team Real Zaragoza Getafe, set to be renamed ‘Team Dubai’.

The deal reportedly included a guarantee to service the club’s debts, taking the value of the transaction to around €130m.

Zaragoza management did not comment on the deal at the time.

Getafe Spain La Liga ClubSpain’s ‘La Liga’ includes some of the richest teams in the world, including Atlético Madrid, Barcelona, Málaga, Real Madrid and Valencia.

A spokesperson for Royal Emirates Group said the club’s chairman and several high-profile players were due to arrive in Dubai in the next 24-hours.

Update: Royal Emirates Group states that the La Liga club they are buying is Getafe and not Zaragoza, as speculated earlier.

From: Arabian Business

5,000 Dubai cabbies to watch India Pakistan Twenty-20 for free

india pakistan cricket match

Almost 5,000 taxi drivers in Dubai will be able to watch for free the planned one off 20-20 cricket match to be played between current and former stars from India and Pakistan.

Others will have to fork out upwards of Dh10 to watch the match.

Cricket Gurukul, a marketing body for young and talented cricketers announced that the match has been planned to raise money for three organizations in UAE, Pakistan and India.

“We also plan to give 5,000 tickets to the Roads and Transport Authority in Dubai to be distributed to the taxi drivers. It is because of their service that we get transported across Dubai daily with convenience,” said Prakash Palande, Official Spokesperson of Cricket Gurukul.

“The match will be held between India Maharajahs and Pakistani Sultans in February 2011 and Wasim Akram will be captaining the Pakistani side,” said Palande.

Preeti Chauhan, Owner of Cricket Gurukul said, “Our project is a fusion of national passion, international cricket, Bollywood splendour, contemporary Asian cuisine and international philanthropy.…..For our fellow Indians and the people of Pakistan, there is no event that creates a bigger frenzy than a cricket match between the nations.”

India’s Vinod Kambli and Pakistan’s Imran Nazir and Azhar Mahmood were present on the occasion.

Among the charities that would benefit from the event are UAE’s Al Noor Centre, Pakistan’s Sahara for Life Trust and India’s Vidya Jyoti Association for Education & Resource Development.

From: Emirates 24-7