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Last Updated: Sat, Dec 20 2014 | 5:38 PM |

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1

David Haigh appoints new QCs after seven months in Dubai jail

David Haigh, the jailed former managing director of Leeds United Football Club, has strengthened his legal team with the appointment of two QCs in addition to his retained lawyers, Stephenson Harwood.Haigh...

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Posted by: Bello Dec 20, 2014 2:56 PM [UAE]

What is the truth here? I am totally confused. Thre are two sides to every story but this one takes the biscuit. I thought at the beginning Haigh was guilty but now am doubtful. If he is guilty then he has some some guts!

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1

Saudi open to debating the ban on women drivers, says Shoura Council leader

Saudi Arabia's Shoura Council will debate the ban on women driving in the kingdom, the head of the consultative legislative body said, without giving a time line for when discussion might take place, Arab...

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Posted by: Shruti dinesh sharma Dec 20, 2014 1:24 PM [UAE]

If a child, father, mother or husband is sick seriously and no driver / cab is around or hospital /ambulance is far away, then a sister, mother or any woman can quickly act & save a life / a family if she knows driving. It is my personal opinion.

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1

Nakheel said to plan restart of delayed $550m Vietnam project

Dubai property developer Nakheel has reportedly said it will propose a plan to restart a delayed $550 million project in Vietnam's northern province of Quang Ninh in January.According to the Dau Tu (Investment...

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Posted by: Amiro Dec 20, 2014 2:31 AM [Unitted Kingdom]

Well why not. Nakheel took our money 10 years ago to build Palm Jebel Ali. With our money still in its pocket decides to restart delayed Vietnam project rather than long delayed Palm Jebel Ali project. What is the logic behind this?

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44

UAE sees talent shortage as more expats stay at home

The UAE employment market continues to thrive and demand for specialist occupations far outweighs supply, resulting in talent shortages across the region, according to the Robert Half 2015 Salary Guide...

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Posted by: WHJ Dec 19, 2014 6:32 PM [UAE]

SA1. "all these sector you noted is driven by economy of regional countries....". I'm sure you'd like to think so...but I'm afraid that's not entirely the case. You seem to forget about the Chinese, Indians, rich investors from Iran, the levant and North Africa....etc.
"So if other GCC countries are loosing money, don't expect huge investment from there in the properties or financial services." I'm not, but I'm expecting GCC nationals to continue coming here to shop and vacation. Furthermore, there is a huge inflow of funds coming into Dubai from Europeans seeking to avoid taxes back home.
"There is a reason why Dubai stock is tanking". Of course there is; panic selling and margin calls.
"Have you forgotten how credit crunch of 2009 squeezed Dubai?". Really? Are you drawing a parallel between a global financial crisis and the performance of Dubai's stock market?

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1

European clubs call for Qatar 2022 World Cup to be held in May

The European Club Association (ECA) has urged FIFA to consider holding the Qatar World Cup in 2022 in May rather than in the winter.Football’s world governing body, FIFA, announced last month that the...

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Posted by: Muhammad Dec 19, 2014 5:33 PM [pakistan]

I think march and April is best in 2022, since it's before ramadhan and weather is not hot and not cold and Qatar is already making grounds with air coolers so its perfect time. One of the European event can be shift in consultation with FIFA. Why these people are making it more ego issue than humanity issue. If they are worried about weather and players health issue in summer heat of middle east they should put their heads down and solve this issue together with FIFA rather making it stiff.

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3

Emirates claims victory in legal battle over key Milan-New York route

Italy's top administrative court has given Emirates permission to continue operating direct flights between Milan Malpensa airport and New York, rejecting a request by rival airlines to stop the flights...

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Posted by: Arab Expat Dec 19, 2014 5:32 PM [UAE]

probably because India does not allow them to do the same.

Singapore Airlines picks up passengers from Dubai for onward flights btw, and Singapore allows Emirates to do the same in Changi ........ It's give and take, don't take if you're not willing to give

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1

Dubai's bourse rockets 13% as oil price rebounds

Stock markets in Saudi Arabia and the United Arab Emirates soared on Thursday after the price of oil rebounded and the Riyadh government eased investors' fears by saying it would continue spending heavily...

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Posted by: Simon Dec 19, 2014 12:24 PM [Dubai]

And just one day later...Friday 19th at 12noon...Oil is back down to $59.50/Brl. Good job the DFM is not open today as I just wonder what this journalist would have to say about it...

Funnily enough, last nights S&P/DJ rose...but that was, I would suggest, a distortion that will be rectified very soon. NO data out of the USA makes their economy fundamently sound. Their stockmarkets are heavily stretched on valuations and falsely supported by FED buying and Corporate Share buy backs.

It will all come to a close sooner or later. Mathematically, it has too. The 'cusp' is not so far away...

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2

Opinion: Khalaf Ahmad Al Habtoor on the current stock market turbulence

UAE businessman Khalaf Ahmad Al Habtoor urged investors in the United Arab Emirates to tread with caution but not to overreact to current volatility/panic in the market. The Al Habtoor Group chairman,...

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Posted by: ray Dec 19, 2014 11:17 AM [UAE]

Markets are indeed rationally pricing in a slower economy which is already occurring (although it is obviously not being broadcasted)...some real estate projects will be shelved, some investors have already been burnt etc. so the markets are correct in pulling back.
what explains the volatility is the continued excessive use of leverage and the fact that markets here are dominated by retail investors rather than institutions. Some of these retail investors have quite unrealistic return expectations, so they end up leveraging and buying excessively....and they sell excessively to reduce their loans when markets correct. Their show term, leveraged induced actions end up causing more volatility than other developed markets.

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1

Is this the secret to anti-aging?

Celergen, a Swiss based company specialised in cell therapy, has released a new anti-aging supplement that promises to slow down the aging process and provide an endless stream of everlasting stamina.But...

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Posted by: Ray Ciocon Dec 19, 2014 2:42 AM [Philippines]

A friend gifted me with 60 CELERGEN soft gels 13 days ago and, when I woke up the next day after my first gel, I felt like I was 26 again, instead of 62!

A niece who hadn't seen me for more than a month ago dod not recognize me when she saw me again and commented that I looked much younger than I did before.

I've been taking all sorts of food supplements in the past. But other than E. Excel products which reduced the size of a cyst on my earlobe within 7 days, none of them have made such a quick impact on me. I wonder what more this oral Swiss marine cell therapy supplement can do for a senior citizen like me.

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20

Dubai sees first quarterly house price drop in four years

Dubai's real estate market recorded its first quarterly house price decline in four years, with prices falling more than five percent between June and September, Knight Frank said on Monday.The Knight...

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Posted by: Dave Dec 19, 2014 2:42 AM [UAE]

I think that because the world financially is again in turmoil that now everyone will seek the safest place to invest and that will be in Dubai.
Positive about everything. Put your money there.

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