Latest Dubai News
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Saudi banks’ assets gain SR38bn in Q1
The combined assets of Saudi Arabia’s banks swelled by nearly SR38 billion (Dh37.7 billion) in the first quarter of 2013 to maintain their position as having the second largest financial base in the Middle East after UAE ...
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Distraught Ai-Ai considering filing for divorce
A distraught Ai-Ai de las Alas is considering filing for divorce from estranged husband Jed Salang, whom she accused of physically, emotionally and mentally abusing her while they were ...
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Bollywood pads up to bat out IPL 6 spot-fixing links
Bollywood actor Vindu Dara Singh is escorted by police officials into a car before being produced at a court in Mumbai May 24, 2013. India's Supreme Court dismissed a petition on Tuesday seeking to scrap the remaining matches of the country's lucrative Twenty20 cricket competition amid growing concerns about corruption in the sport. ...
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Damac launches sale of apartments in Bay’s Edge project in Burj area
Damac Properties has launched sales of apartments in its latest project in the Burj area of Dubai. Bay’s Edge will be a 22-storey tower with 220 units are made up of studios, one, two and three bedroom apartments. The Dh400 million project is set for completion by the end of 2016. "We have seen overwhelming interest in luxury serviced living in the Burj Area of Dubai and that ...
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Prince Al Waleed says he started from zero
Saudi billionaire Prince Al Waleed bin Talal, a nephew of King Abdullah, says he started his business in 1980 in a little shabby wood and steel chalet before it turned into one of the biggest business groups in the world. Rated as the richest man in the Arab world and one of the world’s wealthiest persons, the Prince published a picture of the tiny structure, which he photographed at ...
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Two Indian youth drown off Jumeirah Open Beach in Dubai
Two Indian expatriate youths are believed to have drowned while bathing in the sea near the Jumeirah Open Beach on Friday evening. While the dead body of one of them has been found, the search for the body of the second person by the Coast Guard was continuing on Friday night. According to sources in the Al Riyami Group, where the two missing employees were working, a group of five ...
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Where did Pinoy poll budget go asks Senator
With only 15 per cent of the 737,759 registered Filipino voters abroad having cast their ballots in the recently concluded midterm elections, how did the ruling administration spend the 148.4 million pesos (Dh13.1 million) allotted for overseas absentee voting? This is what Senator Franklin Drilon, chair of the Senate committee on finance, would want to know, saying on Thursday he will file ...
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Filipino boxing champion fights sex slavery
Filipino boxing superstar Manny Pacquiao is facing what could be his toughest fight yet that goes beyond 12 rounds, as he declared war on sex slavery in the Philippines. Pacquiao, who is a congressman in the southern Philippine province of Sarangani, promoted on Friday the encore airing of ‘The Fighters’, a CNN full-length documentary featuring a woman’s fight against sex ...
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4 researchers exposed to radiation at lab
Four researchers were exposed to radiation in an accident at a Japanese nuclear physics laboratory this week, officials said on Saturday. The accident occurred on Thursday at a laboratory in Tokaimura, 120km northeast of Tokyo, the Japan Atomic Energy Agency (JAEA) said. The researchers were carrying out an experiment to generate particles by firing a proton beam at gold when the accident ...
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Emirates set to refurbish its 35 airport lounges
It is the first of the airline's worldwide network of lounges to be refurbished in the new interior design, originally unveiled within Emirates' Concourse A Lounges in Dubai earlier this ...
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Sharjah eyes more Korean Asian tourists and investments ahead of Seoul summit
WAM SHARJAH, May 25, 2013 (WAM)--The Third UAE-Korea Economic Partnership Forum that opens tomorrow will help provide a direct impetus to the travel and tourism industry in Sharjah and the UAE by way of more Korean and Asian tourists and investments in the promising tourism and hospitality sector, said Mohamed Ali Al Noman, Chairman, Sharjah Commerce and Tourism Development Authority. This ...
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Dubai builder Arabtec wins $108 mln hospital contract in Saudi
RIYADH, May 25 (Reuters) - A subsidiary of Dubai-based contractor Arabtec Holding has won a 404-million Saudi riyals ($107.7 million) contract to build ...
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Chidambaram to visit Dubai tomorrow to woo investments
Dubai tomorrow to sell India's growth story to sovereign wealth funds. The Minister is scheduled to meet his counterpart in Dubai and also hold bilateral consultations with the SWFs (Sovereign Wealth Funds) in his day-long visit to the Gulf nation, an official source said. The visit is part of Chidambaram's global tour to attract foreign investments. He has held similar investor meets ...
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Emirates NBD launches Bank on Wheels initiative
Emirates NBD said it is now operating a fully secure vehicle equipped to offer cash and cheque deposit services and driven by a dedicated customer service ...
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Emirates NBD unveils loan education campaign
Emirates NBD has launched a unique new personal loan education campaign to advise UAE residents to borrow responsibly and within their repayment capacity. This new initiative is in line with the Group's reputation of being a financial institution that cares for its customers, according to a press statement. The initiative will be supported by a sustained media campaign that will advise the ...
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In 1st official trip to sub-Saharan Africa Kerry urges Nigeria to respect human rights
U.S. Secretary of State John Kerry shakea hands with Palestinian restaurant employees as he stops by for a snack after his meeting with Palestinian President Mahmoud Abbas in the West Bank city of Ramallah on Thursday, May 23, 2013. (AP Photo/Fadi Arouri, ...
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I’m no fashionista confesses Deepika
Deepika Padukone has sailed through controversies very early in her career with enviable poise. She gives three things credit for being able to achieve the career heights she has today. "Confidence, believing in yourself and being an original person," she says. From playing various shades on the silver screen to doing scintillating item numbers, she has established herself in the ...
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3 survive major highway bridge collapse in northeast US New span to Canada sought
The four-lane Interstate 5 bridge collapsed about halfway between Seattle and Vancouver, British Columbia, after an oversize truck hit the span, the Washington State Patrol chief ...
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Santos accepts offers from Barcelona and Real Madrid for Neymar player deciding where to play
Neymar (left) of Santos celebrates his third goal against Sao Paulo with his teammates Ganso and Arouca (right) during their Paulista championship semifinal at Morumbi stadium in Sao Paulo on Sunday. ...
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After Kabul attacks 10000 peace balloons
After a day of explosions and gunfire, residents of Kabul woke up on Saturday morning to be greeted by a public art project in which volunteers handed out 10,000 neon-pink "peace" ...
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Two children woman killed in south France chalet fire
A woman and two children, aged seven and eight, died in a blaze at a chalet in southern France overnight Friday, the local fire chief said, with the cause of the blaze ...
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IPL6 scandal Chennai Super Kings in a fix after Meiyappan arrested
The spot-fixing scandal in IPL6 took another dramatic twist on Friday with the arrest of Gurunath Meiyappan who Chennai Super Kings claims is only an honorary member of their management team. The dramatic development threatened the status of Chennai Super Kings as an IPL franchise as well as his father-in-law N Srinivasan's continuation as BCCI president, according ...
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MI5 tried to recruit killing suspect
Security services tried to recruit London killing suspect: 'friend' An alleged friend of London soldier murder suspect Michael Adebolajo was arrested at the BBC after telling the broadcaster that British security services had tried to recruit his friend. Abu Nusaybah told BBC television on Friday that Adebolajo was asked by the MI5 domestic intelligence agency if he wanted to ...
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Man City beats Chelsea 4-3 in US friendly
Yaya Toure of Manchester City takes the ball past Andres Christensen of Chelsea during a friendly match at Busch Stadium on May 23, 2013 in St. Louis, Missouri. ...
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11 dead as Philippine troops clash with militants
MANILA (AFP) - Eleven people were killed in the southern Philippines early Saturday as troops clashed with a militant group blamed for the country's deadliest terror attacks, the military said. The fighting left seven Filipino marines dead and nine others wounded on the island of Jolo, said Colonel Jose Cenabre, a local military commander. Four members of the Abu Sayyaf group were also ...
Dubai In-Depth
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Olympics may be Dubai's next goal
Dubai is famous for being ambitious, sometimes to its detriment, but mostly to its advantage. It was ambition that made it the city the way it is now. For some, the recent announcement of a possible Olympic bid may seem overly optimistic, but what are Dubai’s chances realistically?
Dubai does nothing half-heartedly. Fifteen years ago, Dubai was just another city in the Gulf, there was nothing particularly special about it, apart from the fact that, for western workers, it was an attractive location because of the lack of income tax, but this it had in common with many other GCC cities. Read more
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