News tagged with 'dubai'. Found 476 tagged news.

Electrician jailed for molesting girl

Dubai :: United Arab Emirates | about 10 hours ago

The Dubai Court of First Instance sentenced the 25-year-old Bangladeshi man to one year in jail...The ruling is subject to appeal within 15 days. 'Innocent' "I am innocent ... I didn't do it," the accused said when he appeared in court for the first...

Tags: jail, sentence, dubai, term, fine, sex

Dubai property giant sacks 500 as global crisis bites

Dubai :: United Arab Emirates | about 18 hours ago

Posted by razak

  DUBAI: Nakheel, the Dubai property giant behind such grandiose projects as a one-kilometre-tall tower and artifical palm-shaped islands said yesterday it has fired 500 staff as the global economic crisis begins to bite in the booming desert city-state....

Tags: job loss, financial crisis, dubai

UAE will expand democratic measures

Dubai :: United Arab Emirates | about 19 hours ago

on Monday to mark the country's 37th National Day, the President also urged Emiratis to consider the outstanding development of the past 37 years as an incentive to do more. "The sense of satisfaction over what we have gained should not be a reason to...

Tags: dubai, UAE Supreme Council, Dubai Executive Council, highness shaikh, al maktoum

Aabar reveals bank takeover bid

Abu Dhabi :: United Arab Emirates | 1 day ago

Abu Dhabi Securities Exchange (ADX) on Monday that it had signed a binding agreement to acquire AIG Private Bank Ltd from its parent company American International Group, Inc (AIG) at the equivalent of $254 million (Dh932.94 million). "Private banks don't...

Tags: AIG Private Bank Ltd., private banks, American International Group, Inc., Abu Dhabi Securities Exchange, Aabar Investments, Hong Kong, Shanghai, insurer giant, Dubai, aig sell

Leighton hit as Trump mothballs tower

Dubai :: United Arab Emirates | 1 day ago

Holdings' project to build a 2.9 billion dirham ($1.2 billion) tower in Dubai for property billionaire Donald Trump has become the latest victim of the global credit crunch...Nakheel, the American tycoon's development partner in the United Arab Emirates,...

Tags: trump, nakheel, Dubai, Trump Organisation and Nakheel, trump tower

England coach sets sights on world crown

Dubai :: United Arab Emirates | 1 day ago

However, that is not good enough for coach Ben Ryan, who wants to see the side achieve greatness by becoming the Sevens World champions. England fell short in Dubai last weekend, but as the sevens shindig travels to South Africa for next week's second...

Tags: dubai, rugby, Ben Ryan, England

Team rebuilds for SA 7s

George :: South Africa | 1 day ago

Team manager Jope Tuivanuavou said that during the team's meeting to review their performance in the Dubai Sevens, it was the simple mistakes that enabled South Africa to win their semi-final clash. Tuivanuavou said coach Waisale Serevi told the players...

Tags: dubai, Waisale Serevi, Dubai Sevens

Dubai pair still not home

London :: United Kingdom | 1 day ago

Two Britons convicted of having sex on a Dubai beach have so far been unable to return home, one of their lawyers has said. Michelle Palmer, 36, and Vince Acors, 34, were intending to fly back to the UK after their jail terms were suspended on Tuesday.

Tags: beach, sex, jail, term, having sex, Dubai

TMCnet.com: Dubai high-end property defaults rising - official

Dubai :: United Arab Emirates | 1 day ago

Dubai is experiencing an increase in defaults in high-end properties as financing conditions worsen and is likely to see smaller property developers merge, a member of the emirate's financial crisis committee said on Sunday. "There are more and more defaults...

Tags: financial crisis, real estate, banks, Dubai

Nakheel scales back projects, announces job cuts

Dubai :: United Arab Emirates | 1 day ago

The redundancies are indeed regrettable, but a necessity dictated by operational requirements which are in turn dependent on demand,” added the spokesperson...All the affected employees were provided a redundancy package, which includes outplacement support...

Tags: Dubai, Developer Nakheel, current global, global environment, business plans, term business, operational requirements, building project, turn depend, real estate