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ADUG meaning in General ? |
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Answer» What is Abu Dhabi United Group mean? The Abu Dhabi United Group for Development and Investment (ADUG), (Arabic: مجموعة أبوظبي الاتحاد للتنمية والاستثمار), is a United Arab Emirates (UAE) based private equity company. It is owned by Sheikh Mansour bin Zayed Al Nahyan, member of the Abu Dhabi Royal Family and Minister of Presidential Affairs for the UAE. The primary interest of the group is its 78% majority ownership of City Football Group, a worldwide organisation most notably controlling Manchester City F.C., Mumbai City FC, Melbourne City FC and New York City FC, as well as several other international football clubs. However, it also holds interests in various other endeavours outside of the sporting world with an extensive property portfolio in the United Arab Emirates and Manchester. According to the human rights organizations Human Rights Watch and Amnesty International, ADUG's sporting investments are intended to launder the image of the repressive authoritarian regime in Abu Dhabi. reference nan |
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