In Pictures
Salaries, disposable income, luxuries, and savings; HSBC used these four factors to determine a league table of the best expat destinations from a financial point of view. Here’s the top ten.
Arabic News View
Kipp takes a look at some editorials from the Arabic press. This week: Iraq’s oil targets; US peace talks; Gaddafi and his girls; Jordan’s economy; Israel and Palestine prisoners.
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Last Week's Winner
Alia Akkad
Alia Akkad
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The great fares rip-off?
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Dubai Properties chairman replaced
Dubai-based conglomerate Dubai Holding announced on Saturday it has replaced the chairman of Dubai Properties, Hashim al-Dabal, with an acting chairman, Ahmad Bin Byat.
Al-Dabal was arrested almost two weeks ago on suspicion of fraud.
“Mr. Al Dabal is accused of abusing his position and earning millions in illegal profit,” Attorney General Essam Essa al-Humaidan told Bloomberg on Friday. “We are questioning him almost daily and al-Dabal indicated he is ready to answer questions without having a lawyer present.”
Iraq raises crude prices for U.S. Europe, Asia-source
The October price for Basra light crude for Asian buyers was set at a discount of $1.35.
The October price for Basra light crude for Asian buyers was set at a discount of $1.35.
Tags: arrest, chairman, Dubai Holding, Dubai properties.
It is very sad to see the UAE Nationals disappointing their president Sheikh Mohammed Bin Rashed ... I am a resident in UAE for long years and I see how much funds and facilities UAE Rulers grant their people and it's extremely sad from all the stories we are reading to see nationals paying back their government with such a fraud .. and many of such stories can be recalled without mentioning names.
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