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New WTC Towers May Have Arab Investors, Reports Fox News

The Huffington Post    
First Posted: 06/14/10 03:24 PM ET Updated: 05/25/11 05:45 PM ET

Will the new World Trade Center site be partially owned by Arab development companies?

Peter Johnson, Jr. of Fox News reports that New York's Port Authority may choose an American company that is "substantially bankrolled" by Arab corporations as its private partner in the management and partial ownership of One World Trade Center.

The company in question is Related Companies, which partners with Arab development companies, including one that is "owned by the government of the United Arab Emirates" and "chaired by the crown royal prince of Abu Dhabi," and another which Fox News says is owned by the Saudi Arabian royal family.

Alongside home video of bearded jihadists carrying heavy weaponry, Fox News charges that Related Companies has also formed a "joint venture" in Abu Dhabi with one of "the largest Arab equity and asset managers" in the Middle East.

And in case we forgot, the network reminds us that fifteen of the 9/11 hijackers came from Saudi Arabia, and two from the UAE. Fox News also states that both Saudi Arabia and the UAE acknowledged Taliban control of Afghanistan before 9/11, and that "half of the money paid to the hijackers was funneled through Abu Dhabi banks."

Although none of this actually proves that Related Companies' partners have even the faintest connection with terrorists, the Port Authority will choose a bidder this month, possibly perpetrating what Fox News says would be "the cruelest irony" on the "hallowed ground" of 1 World Trade Center.

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