A community portal about United Arab Emirates with blogs, videos, and photos. According to Wikipedia.org: The United Arab Emirates is a Middle Eastern country situated in the southeast of the Arabian Peninsula in Southwest Asia on the...
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A community portal about United Arab Emirates with blogs, videos, and photos. According to Wikipedia.org: The United Arab Emirates is a Middle Eastern country situated in the southeast of the Arabian Peninsula in Southwest Asia on the Persian Gulf, comprising seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Before 1971, they were known as the Trucial States or Trucial Oman, in reference of a nineteenth-century truce between Britain and several Arab Sheikhs. It borders Oman and Saudi Arabia. The country is rich in oil.
Stock markets in the United Arab Emirates took another beating Tuesday on negative sentiment from a debt crisis that has seen Dubai share prices plummet more than 20 percent in two weeks. The Dubai Financial Market index shed 6.12 percent to close at 1,638.05 points on Tuesday in a second straight day of losses. On Monday, the market dropped 5.84 percent to 1,744.83 points. Also failing to shake off the downward trend was the Abu Dhabi Securities Exchange, which fell 3.36 percent to finish... Read Full Story
The Dubai stock market fell 5.41 percent in early Tuesday trading while Abu Dhabi's exchange posted a 1.13 percent decrease, continuing Monday's trend of declines in both bourses. On Monday, the Dubai Financial Market closed down 5.84 percent while the Abu Dhabi Securities Exchange ended trading with a 1.68 percent decline. The Kuwait market also showed small losses on Tuesday, opening 0.10 percent down, following a 0.79 percent decrease on Monday. Both the Dubai and Abu Dhabi markets... Read Full Story
NASA has teamed up with the Dubai-based Arab Youth Venture Foundation to provide students from the United Arab Emirates (UAE) the chance to work on NASA missions, the US space agency said Monday. Under the program, up to 12 engineering students from the UAE will each year join US students to work on a research project at the US space agency's Ames Research Center in California. The cooperative venture, run under the auspices of NASA's Education Associates Program, could begin as early as... Read Full Story
Shares in Dubai's giant property developer Emaar dropped the maximum-allowed 10 percent on Monday as stocks in the United Arab Emirates and elsewhere in the Gulf took a fresh tumble. The Dubai exchange slumped by almost six percent and Abu Dhabi's market dropped more than 1.5 percent, after both rose on Sunday. Emaar, developer of the world's tallest building, Burj Dubai, led the downward charge in the Dubai Financial Market. Emaar shares dropped the maximum 10 percent within the first three... Read Full Story
The main stock exchanges in the United Arab Emirates fell in early trading on Monday, with Dubai slumping by more than four percent and Abu Dhabi dropping by 0.79 percent. The Dubai Financial Market fell to 1,776.76 points, a 4.12-percent fall, a day after a rise of 1.18 percent from last week. The Abu Dhabi Securities Exchange dropped slightly to 2,652.04 in early trading, after having closed up a hefty 3.89 percent on Sunday at 2,673.12 points. The Kuwaiti stock market was also down on... Read Full Story
by W.G. Dunlop DUBAI (AFP) -- Stock markets in the United Arab Emirates took another beating Tuesday on negative sentiment from a debt crisis that has seen Dubai share prices plummet more than 20 percent in two weeks. The Dubai Financial Market index shed 6.12 percent to close at 1,638.05 points on Tuesday in a second straight day of losses. On Monday, the market dropped 5.84 percent to 1,744.83 points. Also failing to shake off the downward trend was the Abu Dhabi Securities Exchange, which... Read Full Story
LONDON (Reuters) - A group of international and regional banks met Dubai World <DBWLD.UL> for the first time on Monday as talks began on the company's efforts to restructure $26 billion of debt, the Financial Times reported on Monday. Citing people familiar with the process, the newspaper reported that it was a "kick-off" meeting for what was expected to be a long process, and that it included key creditors expected to form a steering committee. The newspaper reported that a key test of the... Read Full Story
The Dubai and Abu Dhabi stock markets recovered on Sunday amid an apparent return of confidence, closing up more than one and almost four percent respectively, after heavy losses over Dubai's debt woes. After a four-day break, Dubai's DFM Index, which dropped 12.5 percent in two days of trading last week, closed at 1,853.13 points, 1.18 percent up from its closing on Tuesday, in a session of heavy fluctuations. Abu Dhabi Securities Exchange, which shed 11.6 percent of its capitalisation last... Read Full Story
Dubai's debt crisis may make a small dent in its greenhouse gas emissions but the Gulf emirate faces an enormous task to cut carbon to the levels to be proposed at the UN climate summit starting this week. Dubai and the rest of the United Arab Emirates have the world's highest per capita carbon footprint according to the authoritative WWF Living Planet report, which says the federation must slash them 75 percent to be sustainable. "Dubai is quite simply an environmental catastrophe," John... Read Full Story
Abu Dhabi stocks surged on Sunday while the Dubai bourse fluctuated on what dealers said was profit-taking, amid an apparent return of confidence following heavy losses last week over Dubai's debt woes. The Abu Dhabi Securities Exchange, which shed 11.6 percent of its capitalisation last week, opened up 3.9 percent and gained further ground in early trade to hit 2,691.68 points, up 4.6 percent, or 118.66 points by midday. Dubai's DFM index, which dropped 12.5 percent in two days of trading... Read Full Story
From Spain's Princess Letizia to Italy's Mara Carfagna, the game of politics is no stranger to beautiful, powerful women. Following is a list of women whose influence is matched only by their sheer hotness.
We've rounded up the fifty most infamous female teacher sex scandals the Internet has seen, and ranked them from most famous to least. We do it because we care.
