Not cited by the author of this blog is an article reporting some of this information in The National, a newspaper in Abu Dhabi, on October 29, 2008.
http://www.thenational.ae/article/20081029/BUSINESS/302158245/1005
(This was linked by another Freeper in another thread.)
Some of the information, then, is old, and the actual expansion of Bloomberg interests in that region is probably far greater than this article indicates.
Bloomberg is in many ways like George Soros. He is just as manipulative and duplicitous, though he seems more motivated by self-enrichment than bringing down capitalism.
This caught my eye...
Max Linnington, the company’s newly appointed regional head of Middle East and South Asia,...
“Particularly since the meltdown of the western capitalist system, there has been an increasingly large focus on the virtues of Islamic finance,” he said. “Today, there is no one single provider of information that caters to the Islamic finance market. So by Bloomberg being here, we are in the process of building out an Islamic finance product. We are very confident that we can build a product that meets the needs of the market right now.”
Despite the fact that its client base of financial professionals has been among those hardest hit by the economic crisis, Mr Linnington said the company’s business “is up fairly significantly in today’s environment”.