Bloomingdale's to open Retail Store in Middle East

The Dubai Mall, slated to open this month as one of the world's largest shopping centres, will be the home of the first Bloomingdale's retail store to open in the Middle East."The American department store will be...

Whale Shark to be held Captive Indefinitely... what a surprise!

Following on from my earlier story about the Whale Shark caught off the coast of the UAE and taken to the newly opened Atlantis hotel for 'observations', new information has come to light on the future of this...

News: Dubai builds the world's tallest tower (again)

Currently, the world's tallest structure is the soon to be finished the Burj Dubai, which is rumoured to stand at 818 meters. Today, Dubai revealed its successor, the Nakheel Tower, to be "over one kilometre" high...

The Two Way Street

Lured by high tax free salaries westerners move to work in Dubai and similar locations. Such moves are not a one-way deal. The attractive pay and luxury home require that you agree to live by the cultural mores and...

Marc Faber see the Fed as a drug dealer! « Peter J. Cooper’s Weblog

"In this recent CNBC broadcast forecasting legend Dr Marc Faber put the spotlight on the Federal Reserve as the cause of the global financial crisis and accused it of behaving like a drug dealer in making liquidity available."

How does the $700bn bail out impact on the UAE and local real estate? « Pete...

" Real estate prices in Dubai should also see a slowdown in price rises, and the selling of new off-plan projects could become very much more difficult at least in Dubai, perhaps not Abu Dhabi just yet: partly because Dubai off-plan supply is so high and partly because the...

Batting team to choose one Powerplay: ICC

" The International Cricket Council on Tuesday announced new playing conditions that give liberty to on-field umpires to consult the third umpire in case of unclean catches and also bar players from taking 'comfort...

What does this $700bn US bailout mean for the UAE? « Peter J. Cooper’s Weblog

" In the UAE the banking sector is very well capitalized and if its lending is now reduced then it comes as the economy was in danger of overheating. Recent inflation figures and shortages of skilled labor point to an economy in need of tighter credit. This could actually...

Dubai house prices continue to head up and up! « Peter J. Cooper’s Weblog

" My rough calculation is 15-20 per cent in the past four months. That comes after Colliers International reported a 78 per cent gain in the 12 months to the start of summer. "

United Arab Emirates is no place for old cars

In Dubai, the average age of vehicles is just 5.6 years, so the new rule that has just been put in place to start January 1 2009 will not affect many residents.""There are only 10,277 vehicles that are 20 years old...

Number of millionaires rises to 1.23 lakh in India

" NEW DELHI: With economy growing in a rapid pace and stock markets rising sharply in 2007, India saw the fastest growth in the number of high networth individuals (HNI) worldwide and their combined wealth...

Burj Dubai

"This is the latest available in images from the Burj Dubai, already the tallest building in the world with just a year to go to completion. Nothing demonstrates the amazing ambition of this city better than this iconic building which is the centre piece of the new Downtown...

Ranatunga :new manager of Sri Lanka cricket

" Nishantha Ranatunga, brother of Sri Lanka Cricket chairman Arjuna Ranatunga, has been appointed the new manager of the Sri Lanka team. Nishantha Ranatunga was appointed for the team's tour to Canada later this...

Bangladesh cricket crisis: ICC and ICL in settlement mood

" Cricket's governing body has agreed to meet representatives of the unofficial Indian Cricket League (ICL) which triggered a crisis in Bangladesh this month by scooping up 13 of the country's leading players. The...

Pakistan To Play International Cricket Matches in Dubai

The Pakistani Cricket Board will play its international limited-overs and Twenty20 matches at a new stadium to be built in Dubai Sports City in the United Arab Emirates. The deal is believed to be worth $9 million...

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