Dubai

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Dubai: Plane Bomb Looks Like al-Qaeda

Package bore same explosive as failed Christmas bombing

(Newser) - The US-bound mail bomb discovered yesterday in Yemen had al-Qaeda's fingerprint on it, Dubai officials say, having been packaged in a "professional manner" and containing the same explosive as the failed Christmas bombing. "The plot style carries features similar to previous attacks carried out by terrorist organizations like...

Iranian Gang Tried to Sell Teen Girls in UK Sex Ring

Offered them to Dubai's ruling sheikh

(Newser) - British police have locked up an Iranian gang that they allege was prostituting teen girls to wealthy Arabs. Police got wind of the gang when it made the mistake of offering its services to Sheikh Mohammad al Maktoum, ruler of Dubai, while he was staying in a London hotel. “...

Karzai's Brother Skirts Kabul Bank Freeze

Afghanistan's top bank teeters on the brink

(Newser) - With Kabul Bank in crisis , authorities in Afghanistan have frozen some assets of all the bank’s principal owners—except for Mahmoud Karzai, brother of Afghan President Hamid Karzai. The Afghan Central Bank has sent a letter banning the bank’s owners from selling property, the Washington Post reports, but...

Suspected Mossad Spy Arrested in Hamas Slaying

Alleged agent being held in Poland

(Newser) - An alleged Mossad spy from Israel wanted in connection with the elaborate hit-squad slaying of a Hamas agent in Dubai has been arrested in Poland. The man, using the name Uri Brodsky, is suspected of working for Mossad in Germany and helping to issue a fake German passport to a...

Jailed Kisser Slams Dubai 'Hypocrisy'

Brit woman exits squalid desert prison after 'peck'

(Newser) - A furious Brit is slamming Dubai "hypocrisy" after serving time for giving her male friend a "peck on the cheek." Charlotte Adams spent 23 days in a squalid desert prison for violating "decency" laws after an innocent flirtation and "maybe" a quick kiss at a...

Dubai Upholds Month in Jail for Kissing Brits

Pair kissed in a restaurant; Emirati woman told cops

(Newser) - A Dubai appeals court today upheld a one-month prison sentence for a British couple convicted of kissing in a restaurant. The pair landed in court after an Emirati woman complained about the public kiss, which the couple insisted was just a peck on the cheek. They were arrested in November...

Now Sexting Lands Dubai Travelers in Prison

Flirty texts indicated pair 'aimed to commit sin'

(Newser) - Dubai has lowered the boom—again—on travelers whose behavior runs afoul of the nation's strict morality laws by sentencing a couple to 3 months in prison for sexting. The flirty texts indicated the Indian pair, who work for Emirates airlines, intended to "commit sin," according to court...

Dubai Jails Tourists for Kissing

British pair get month for indecency

(Newser) - A British couple have been sentenced to a month in prison in Dubai after a local woman complained when they kissed in a beachfront restaurant. "We kissed each other on the cheek as a greeting, nothing more,” Ayman Najafi, 24, told the Dubai Appeal Court yesterday. He called...

Visitors Flee as Dubai Shark Tank Cracks

'Indoor ocean' springs a leak

(Newser) - A Dubai aquarium and shopping mall were evacuated yesterday when a mammoth shark tank cracked and gushed water in downtown Dubai. The 2.5 million gallon tank, promoted as an "indoor ocean," holds some 33,000 sea creatures, including hundreds of sharks. Workers carrying life jackets rushed to...

Ambassador to Dubai Annuls Marriage to Bearded Wife

Diplomat says he was duped throughout courtship

(Newser) - An Arab country's ambassador to Dubai had his marriage annulled after discovering he'd accidentally married a bearded, cross-eyed woman. The ambassador says his bride-to-be's face had been covered by a niqab throughout their courtship and he only discovered the beard when he went to kiss her at their wedding. He...

Elevator Horror Sparked Tallest Building Shutdown

Passengers trapped after crash, breaking glass, dust

(Newser) - The mysterious sudden shutdown of the world's tallest building in Dubai this week occurred after panicky elevator passengers were stuck between floors for close to an hour, new reports have revealed. People on the observation deck of the Burj Khalifa tower heard a crash and breaking glass Sunday, and dust...

Dubai Fetes Tallest Building
 Dubai Fetes Tallest Building 
opening night
Jan 4, 2010 4:07 PM CST

Dubai Fetes Tallest Building

Dubai hopes 2,717-foot wonder can repair reputation

(Newser) - The Burj Khalifa Bin Zayed, the tallest building in the world, opened today with an extravagant ceremony involving 10,000 fireworks. The 2,717-foot, 160-story tower—originally the Burj Dubai, and renamed in honor of the president of the UAE—is expected to boost revenue for developer Emaar Properties by...

Dubai Preps for Opening of World's Tallest Building

160-story Dubai Burj stands 2,683 feet tall

(Newser) - Six years in the making, the Burj Dubai skyscraper opens Monday with the United Arab Emirates' fortunes in flux and the boom times that launched the world's tallest building a distant memory. Designed by American Adrian Smith, the Burj Dubai—the name means simply "Dubai Tower"—is 2,...

Dow Up 30 on Dubai Rescue
 Dow Up 30 on Dubai Rescue 
MARKETS
Dec 14, 2009 3:10 PM CST

Dow Up 30 on Dubai Rescue

Exxon down 4.7% after XTO Energy acquisition

(Newser) - Stocks posted solid gains off the news that Abu Dhabi had given Dubai $10 billion to head off its credit woes, soothing worries of a sovereign default, the Wall Street Journal reports.
  • The Dow rose 29.55 points to close at 10,501.05.
  • The Nasdaq gained 21.79, closing
...

Abu Dhabi Sinks $10B Into Dubai

Regional markets up on news of funds to pay Nakheel's bond

(Newser) - Dubai markets soared today on news that the troubled sheikdom has received $10 billion in financing from neighbor Abu Dhabi. The funds come just in time for $4.1 billion to repay an Islamic bond of Dubai World's real estate arm, Nakheel, which matures today. The remaining money will be...

Banker for Drug Gangs, Al-Qaeda Nailed

Dubai-based banker helped shift money launder funds

(Newser) - One of al-Qaeda's favorite bankers has been busted in India after a year-long manhunt. Naresh Jain is accused of running a worldwide money laundering empire from his Dubai headquarters that handled over $2 billion a year from terrorist groups and drug traffickers, the Independent reports.

Latest Celebrity Getaways
 Latest Celebrity Getaways 

travel
Dec 5, 2009 5:47 AM CST

Latest Celebrity Getaways

Dubai is out of favor, but these destinations are heating up

(Newser) - With Dubai in dire straits, where will jet-setters go now? The Frisky knows. See full details here .
  • Morocco: Big names like Gwyneth Paltrow and Jennifer Aniston were in Marrakesh recently for the opening of a Chopard jewelry boutique.
  • Croatia: With the war over, celebs such as Steven Spielberg and Robert
...

Ignore Dubai at Your Own Peril
  Ignore Dubai 
  at Your Own Peril  

note to investors
Dec 4, 2009 10:08 AM CST

Ignore Dubai at Your Own Peril

$30B default could still take out other economies

(Newser) - The Dubai disaster should have been a wake up call. But investors, seduced by an "extraordinarily precarious" recovery, basically ignored it and kept busy building yet another bubble, writes Sebastian Mallaby in the Washington Post . Even if Dubai, with its artificial island and indoor ski resort, is an extreme...

Sailors Say Iranian Lockup Wasn't So Bad

British yacht crew says they were scared, but treated well

(Newser) - The five British yachtsmen Iran captured en route to Dubai say they have no complaints about their treatment. The sailors described their ordeal at a news conference today, saying they were held in a “perfectly reasonable room,” where they played chess and darts and were exceedingly well nourished....

Dubai Crash Will Test Murky Sharia Finance

Unclear how default will affect Islamic lenders, who earn no interest

(Newser) - Dubai World’s unraveling could prove a critical test for the rapidly growing Islamic finance sector, and Dubai’s murky judicial system. A significant chunk of Dubai’s debt is in the form of Sharia-compliant bonds, the New York Times explains. These increasingly popular instruments forbid lenders from collecting interest,...

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