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Last Updated: Fri, Jul 25 2014 | 1:37 PM |

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1

French resistance: Jean-Claude Trichet

Jean-Claude Trichet has something he wants to get off his chest. The affable 71-year-old Frenchman, who led the European Central Bank from 2003 to 2011 and is often referred to in the media as the guardian...

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Posted by: Terry Jul 24, 2014 8:29 AM [England]

I think the Old guy is Daydreaming, Euro needs to go, to save Europe.

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2

Al Mazaya Holding reveals 631% increase in profits

Al Mazaya Holding Group profits for the first half of 2014 were AED40.3m ($10.9m), an increase of 631 percent on the corresponding period a year earlier.The improved results were attributed to increased...

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Posted by: Gemma Jul 23, 2014 6:32 PM [UAE]

The rents at Sky Gardens have increased exorbitantly - with some tenants claiming more than a 100% increase in their rents. The rent they charge does not include chiller fees. Tenants had no say in this ridiculous rent hike matter and were told to take it or leave it.

Chiller fees were incredibly high as well and completely disproportionate to its use throughout the year! The Chiller usage statement explained nothing about the charges and when tenants asked to clarify these statements, they were not able to provide an explanation except that the charges had to be paid!

Oh yes, with all this considered, I'm sure they're doing fantastically well!

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1

Mercedes F1 boss says Abu Dhabi points 'unfair' to drivers

Mercedes F1 Toto Wolff has said the double points system introduced for the final race of the season will be unfair to the drivers competing for the championship.With Mercedes winning all but one of the...

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Posted by: Vincent Jul 23, 2014 12:48 PM [UAE]

Following Formula 1 since 1978 but this is indeed the most stupid rule they ever made. This doesn't help to make the sport more exciting.
What they need in F1 is drivers with charisma like in the 80's with Prost, Lauda, Villeneuve, Pironi, Laffite, Senna, etc. Not youngsters who only have a seat because they bring in money to drive. Who will recognise guys like Kobayashi, Kvyat and Chilton when passing by in the streets.
And bring back the real turbo charged engines which produced 1,200hp and spitting fire out of the exhaust. And the huge tyres. Or the screaming Ligier-Matra and Ferrari V12 engines.
Dreams.

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11

Dubai Marina residents to deliver petition to Emaar against promenade dog ban

A group of Dubai Marina residents will today deliver a petition to Emaar's head quarter calling on the master developer to reverse its ban on dogs using the promenade area of the marina development.On...

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Posted by: MT3 Jul 23, 2014 7:52 PM [UAE]

I feel much the same way about smoking. A filthy smelly habit - one goes for a nice walk with one's children and then some selfish idiot with a cigarette or even worse a dirty cigar stinks the place up forcing my children to breath the toxic fumes of their deadly habit. They make certain cafes and restaurants no-go zones. The health risk of secondary smoking is very clear - far worse than disease spread by domesticated dogs. I find it insane that a civilised society still allows this. The costs to society are criminal in terms of healthcare and as someone else mentioned on one of these threads when talking about dogs and a better use for the money, why should we let smokers use resources to treat diseases that are their own fault and not instead spend this it on the poor. And whereas most dog owners clear up after their animals I have never met a smoker who doesn't throw his/her butt on the floor for someone else to clean up. Emaar needs to get its priorities right. Ban smoking.

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25

UAE private sector to get two-day Eid Al Fitr holiday

Private sector workers in the UAE will be given two days off for Eid Al Fitr, which marks the end of the holy month of Ramadan.The UAE Ministry of Labour said in a statement carried by official news agency...

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Posted by: Bemused Jul 24, 2014 1:09 PM [uae]

Mohammed,
The issue is forcing costs onto businesses not whether or not they can bear it. The business themselves can give as many paid and/or compensated days as they wish at any time, public holiday or not. By the way, I am a private business wage slave like the great majority of people out there. In fact I am so far down the corporate ladder that I can clearly see the plastic feet on the bottom and have heard rumors that there is a "no step" platform at the top, but have yet to catch a glimpse. I am just reflecting the reality and logic of what is a significant emotional issue to some people.

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6

Nakheel to launch new 1,000-villa community in Dubai

Dubai master developer Nakheel said on Saturday it is launching a new, gated community of 1,000 villas - including 100 high-end, serviced residences managed by a world-renowned hotel operator.Located in...

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Posted by: Mick Jul 21, 2014 9:01 AM [UAE]

with the lack of feasibility study (obviously), especially when the tenants with their actual feet on the ground are witnessing the constant Nakheel debacles with each development and the obvious need to, blindly, establish more and more luxury properties with no sign of who would rent them (please stop using the EXPO as a draw for new migrants and drastic increases in rent and property value....since the only migrants that will take up housing will be living in shoddy camps). The next headline should read 1000 senior management figures fired from Nakheel.
Bubble is coming....

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23

Petition calls on Emaar to reverse dog ban in Dubai Marina

The ban imposed on pets on Dubai Marina promenade remains in place, in spite of opposition from residents in the area and plans to set up a petition against the move.Signs have been placed across the Dubai...

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Posted by: Mashhour Jul 22, 2014 3:13 PM [UAE]

I couldn't agree more and wish they would implement the same ban in Old Town to have cleaner playing areas for kids

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1

Select picks builder for new $136m Dubai Marina tower

Select Group said on Monday it has hired the main contractor for its AED500m ($136m) for its No. 9 tower development in Dubai Marina.Select, the largest private developer in Dubai Marina, said it has signed...

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Posted by: Vijay Jul 21, 2014 8:59 AM [Norway]

Select group as a respected developer! Just speak with owners of The Point, The Torch and Bay Central some of the towers developed and handed over by the respected developer.

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2

Coutts said to consider selling overseas operations

Coutts, the wealth division of UK lender the Royal Bank of Scotland Group, is considering selling its overseas operations, which includes offices in the Middle East.Founded 1692 and said to include Queen...

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Posted by: Nathalie Brown Jul 21, 2014 8:58 AM [UAE]

I could not agree more with the realist.

I was once a happy client with Coutts for 7 years in the UAE until they decided to dump UK expats and chase the the Ultra High Net Worth market.

I understand the last CEO has recently left after a brief, unsuccessful and expensive attempt at expanding their business.

I also witnessed the lavish spending of this bank at several 'so called' client events. This is no way for a bank to operate especially when they are owned by the UK Taxpayer, how ironic.


NB

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1

UAE's Cristal inks deal for Nigerian wildlife resort

Abu Dhabi-based Cristal Hotels & Resorts is set to unveil major expansion plans next month to include a tripling of its portfolio within two years.The company said in a statement that it aims to operate...

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Posted by: The Girl who flies planes Jul 20, 2014 3:26 PM [UAE]

Nigeria has no wildlife whatsoever!
Yankari Game reserve is in the north central Bauchi
Nigeria is not Kenya.
Her main produce is oil.
Where will this wildlife resort be located in the country?

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