The Wall Street Journal (subscription required) announced today that the United Arab Emirates Prime Minister and also the Sheikh of Dubai, Rashid Al Maktoum just acquired a smaller than 5% stake of Sony's company through his international investment company, Dubai International Capital. The shares rose with up to 5.13-percent after the announcement was made today to 5,530 yen.
CNBC also mentioned that the "ruler" of Dubai invested in the German based alumina products company, Almatis and a 9.9% stake in the US hedge fund Och-Ziff Capital Management.
The Sheikh is moving because oil is not going to be there forever and they need alternative source of income to pay for the expensive lifestyle they've been used with.
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