Mention EMI in Abu Dhabi, and some confuse the real EMI with Emirates Media Incorporated
, the government media arm that looks after Abu Dhabi TV, Radio 1, Itihad Newspaper and Zahrat Al Khaleej etc. It's more of a mouthpiece than a dynamic media orgnaisation and lives a little in the dark ages.
The rumours are that Istithmar are interested in buying a stake in EMI. But why? It's a dead company. No, apparently Istithmar want a stake in the the real EMI
, and are prepared to flex their cash for it.
All rumours of course, apart from the fact that the fake EMI lives in the dark ages....