An Abu Dhabi-backed newspaper takeover is sparking panic in London

Abu Dhabi-backed newspaper buyout sparks panic in London. British lawmakers, journalists, and even former intelligence officials into a frenzy. Abu Dhabi is one of the U.K.'s close Gulf allies and has been a key ally in the Middle East. The latest investment pursuit has thrown British lawmakers and journalists into a panic.

Abu Dhabi-backed newspaper buyout attempt sparks panic in London. "You cannot separate sheikh and state," one Conservative member of UK Parliament says of deal. Abu Dhabi backed newspaper takeover attempt is sparking panic in UK Parliament. London has been hit by a wave of Gulf oil from the Middle East.