Latest news with #Jassim
Scottish Sun
3 days ago
- Business
- Scottish Sun
Qataris ‘haven't abandoned hope of buying Man Utd' with Sir Alex Ferguson ‘guest of PSG chief at Champions League final'
Sir Jim Ratcliffe once claimed that his former Qatari rival may not even 'exist' QAT CALLS Qataris 'haven't abandoned hope of buying Man Utd' with Sir Alex Ferguson 'guest of PSG chief at Champions League final' Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) SHEIKH JASSIM has not given up on one day owning Man Utd, according to reports. The Qatari went head-to-head with Sir Jim Ratcliffe for the Red Devils in 2023. Sign up for Scottish Sun newsletter Sign up 3 Sheikh Jassim bid for Man Utd in 2023 3 Sir Jim Ratcliffe purchased a minority stake in Man Utd Credit: Getty While Ratcliffe, 72, went on to buy a 25 per cent stake in the club, Jassim had been attempting to purchase it in its entirety - pledging to wipe their staggering debt in the process. Taking into account money borrowed and transfers still being paid for, the Red Devils are said to owe around £1bn. Ratcliffe has endured a bruising first 18 months as United co-owner. The Red Devils have just secured their worst finish of the Premier League era, while former boss Erik ten Hag was sacked last October. READ MORE IN FOOTBALL THE EAT IS ON Fernandes dines with Al-Hilal 'secret agent' Cancelo amid Man Utd exit talk The Dutchman's successor Ruben Amorim has so far been unable to stop the rot, while the Red Devils' difficulties have extended to off the pitch. Ratcliffe has bemoaned the club's financial woes, with drastic cuts including 450 redundancies. According to the Telegraph, Jassim and his associates have not given up on one day purchasing the Red Devils. Qataris looking to buy a major European football club would likely consult Paris Saint-Germain owner Nasser Al-Khelaifi, given his vast experience and bulging contacts book. BEST ONLINE CASINOS - TOP SITES IN THE UK 3 Sir Alex Ferguson attended Saturday's Champions League final Credit: PA Al-Khelaifi, 51, has owned PSG since 2011, while he also chairs the European Club Association, as well as Qatari broadcaster beIN Sports. Interestingly, legendary former Man Utd boss Sir Alex Ferguson was a special guest of Al-Khelaifi's in Munich over the last few days. Bruno Fernandes enjoys dinner with Al-Hilal 'secret agent' Joao Cancelo as he faces Man Utd exit decision Ferguson, 83, attended the official pre-Champions League final dinner courtesy of the PSG chief on Friday. While he was part of Al-Khelaifi's party in the posh seats at the Allianz Arena as PSG battered Inter Milan to win their first Champions League crown. As part of their 2023 deal, the Glazer family can sell United from under Ratcliffe. But the British billionaire does possess the right to make an offer on any share sale. Sheikh Jassim refused to engage in a public PR campaign while trying to buy United in 2023. And precious little is still known about the mysterious would-be Old Trafford chief. It remains to be seen whether Jassim would shift tactics, should another Man Utd opportunity come up. In February 2024, Ratcliffe cast doubt over whether Sheikh Jassim even exists. The United co-owner said: "Still nobody's ever seen him, actually. "The Glazers never met him. He never… I'm not sure he exists.'
The Irish Sun
3 days ago
- Business
- The Irish Sun
Qataris ‘haven't abandoned hope of buying Man Utd' with Sir Alex Ferguson ‘guest of PSG chief at Champions League final'
SHEIKH JASSIM has not given up on one day owning Man Utd, according to reports. The Qatari went head-to-head with Advertisement 3 Sheikh Jassim bid for Man Utd in 2023 3 Sir Jim Ratcliffe purchased a minority stake in Man Utd Credit: Getty While Ratcliffe, 72, went on to buy a 25 per cent stake in the club, Jassim had been attempting to purchase it in its entirety - pledging to wipe their staggering debt in the process. Taking into account money borrowed and transfers still being paid for, the Red Devils are said to owe around £1bn. Ratcliffe has endured a bruising first 18 months as United co-owner. The Red Devils have just secured their worst finish of the Premier League era, while former boss Advertisement READ MORE IN FOOTBALL The Dutchman's successor Ratcliffe has bemoaned the club's financial woes, with drastic cuts including 450 redundancies. According to the Qataris looking to buy a major European football club would likely consult Advertisement Most read in Football BEST ONLINE CASINOS - TOP SITES IN THE UK 3 Sir Alex Ferguson attended Saturday's Champions League final Credit: PA Al-Khelaifi, 51, has owned PSG since 2011, while he also chairs the European Club Association, as well as Qatari broadcaster beIN Sports. Interestingly, legendary former Man Utd boss Sir Alex Ferguson was a special guest of Al-Khelaifi's in Munich over the last few days. Advertisement Bruno Fernandes enjoys dinner with Al-Hilal 'secret agent' Joao Cancelo as he faces Man Utd exit decision Ferguson, 83, attended the official pre-Champions League final dinner courtesy of the PSG chief on Friday. While he was part of Al-Khelaifi's party in the posh seats at the Allianz Arena as PSG battered As part of their 2023 deal, the Glazer family can sell United from under Ratcliffe. But the British billionaire does possess the right to make an offer on any share sale. Advertisement Sheikh Jassim refused to engage in a public PR campaign while trying to buy United in 2023. And precious little is still known about the mysterious would-be Old Trafford chief. It remains to be seen whether Jassim would shift tactics, should another Man Utd opportunity come up. In February 2024, Ratcliffe cast doubt over Advertisement The United co-owner said: "Still nobody's ever seen him, actually. "The Glazers never met him. He never… I'm not sure he exists.'
Zawya
15-04-2025
- Business
- Zawya
Iraq to build energy services city
Iraq is planning to build its first city to be specialised in energy services and a US company is already preparing a list of investment opportunities in the facility, the official Arabic language daily Alsabah said on Tuesday. The project is based in the Southeastern Maysan Governorate and has been approved by Iraq's National Investment Commission (NIC), the paper said. It quoted NIC spokesperson Hanan Jassim as saying NIC has signed a contract with a US company to prepare a list of projects to be offered to investors in the city. 'The city will be specialised in providing services related to electricity, oil, gas, communications and other energy fields,' Jassim said without providing further details. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Daily Tribune
02-03-2025
- Daily Tribune
Public Eating During Ramadan in Bahrain May Lead to Jail Time
Publicly eating, drinking, or smoking during fasting hours in Ramadan can lead to legal action in Bahrain, with penalties including up to a year in prison or a fine. The law does not contain a direct clause on eating in public during Ramadan, but lawyers say such actions fall under offences linked to showing contempt for recognised religious rituals. 'It's well established that openly breaking the fast during Ramadan is against both Islamic teachings and the law,' lawyer Isa Jassim told The Daily Tribune. 'It is treated as a misdemeanour and carries a penalty of up to a year behind bars or a fine not exceeding 100 dinars.' Though Bahrain's Penal Code does not specifically name public eating during fasting hours as an offence, Jassim explained that it is widely seen as falling under Article 309, which prohibits acts that demean recognised religious customs. 'The law applies to everyone, regardless of faith, nationality, or residency,' he said. For an act to be considered an offence, it must take place in a public setting, such as a street, park, or other open space. 'The law does not make exceptions based on background—whether someone is a citizen, an expat, or a visitor, they are expected to follow the same rules in public,' Jassim said. Penalties range from a minimum of three months' imprisonment to a year. However, courts have the discretion to impose a fine instead. 'A judge can decide whether a fine of up to 100 dinars is more appropriate than a prison sentence, depending on the circumstances,' Jassim said. The application of such laws has been a recurring point of discussion in Bahrain and the GCC region, particularly regarding non-Muslims. While many businesses continue operating during Ramadan, authorities expect public decorum to be observed, with eating and drinking kept within private spaces.
Zawya
27-02-2025
- Business
- Zawya
Iraq set to launch steel city
Iraq is planning this year to open its first industrial zone which is dedicated to steel industries to cater for the local and foreign markets. The steel city project is part of four industrial zones that will be inaugurated in 2025 with the aim of attracting investment in petrochemicals, steel and other products, the official Al-Sabah daily said on Wednesday. The zone in the Southern oil hub of Basra is Iraq's largest industrial cluster for steel products, the paper said. The Industry Ministry said in 2024 it had awarded the Basra zone project to China's Tsingshan Holding Group, which was among several firms that had bidden for the project. 'This project will be dedicated to steel industries, aluminium and other will be built on a 7,500-square-metre site in Basra,' Riad Jazim, deputy director of industrial cities at the Industry and Metals Ministry, said last year. It was not immediately clear if that firm would execute the project as part of an oil-for-projects agreement signed by Iraq and China five years ago. The deal stipulates that Chinese firms execute projects in Iraq in exchange for oil supplies. Alsabah reported that another zone would be inaugurated in the Northern Mosul city for light and medium petrochemical industries. Two other industrial areas have also been completed and would be opened this year in the Northern Nineveh Governorate and in the Eastern Wasit Governorate. 'We are preparing to open four new industrial cities in those areas this year…they are part of a government plan to offer various facilities local and foreign investors, including incentives to global firms wishing to set up projects in these zones,'Jassim told Alsabah. Iraq, OPEC's second largest oil producer, has been locked in a post-war drive to rebuild its infrastructure and attract capital to diversify its oil-reliant economy. (Writing by Nadim Kawach; Editing by Anoop Menon) (
