Linares to lend a half of the tournament to UAE

One of the most-renowned tournaments in world chess - is surrendering to the power of an Arab businessman, who is set to bring the best players to the desert in the United Arab Emirates (UAE) from 2010.

"We pay the expenses of players and the prizes, I think around 2 million euros (some 2.5 million dollars)," Sulaiman Al Fahim told Deutsche Presse-Agentur dpa in an interview in Dubai.

"From 2010, the tournament will be held in Spain and the UAE," he said.

Full story