What is L’Imad Holding Company and why is it in the news?

L’Imad Holding Company is a wholly owned Abu Dhabi government entity, founded in 2025 to drive urban development, real estate, infrastructure, asset management, hospitality and tourism, and it has recently drawn global attention by backing Paramount’s hostile bid for Warner Bros. Discovery alongside Saudi Arabia’s Public Investment Fund and Qatar’s Qatar Investment Authority, signalling the Gulf’s growing influence in global entertainment. What do you think about UAE-backed firms investing heavily in Hollywood — smart diversification or risky move?

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