UAE

June 22, 2014

Arabtec shares fell by 9.86 per cent while Emaar fell by 3.44 per cent and Deyaar by 2.52 per cent.
17:47 GMT

Real estate shares dragged the Dubai index below 4,500 points, led by Arabtec.

Frequent bombings in certain parts of Beirut and other Lebanese neighborhoods have caused multiple countries to issue travel advisories. (AFP/File)
10:52 GMT

The UAE has reissued a travel advisory for Lebanon, warning their citizens not to travel to Lebanon in light of recent attacks.

June 20, 2014

Jason Munford was instrumental at bringing cancer sufferer Stephen Sutton to the public light (Image: Facebook).
12:00 GMT

One part comedian, and one part humanitarian, comedian Jason Manford is a man on a mission as he enters the UAE this weekend.

June 19, 2014

"Making Pablo proud," Vin Diesel wrote with this picture on his Facebook page.
21:52 GMT

Fast and Furious 7 star Vin Diesel dished his feelings of awkwardness of completing the project without his late co-star Paul Walker. Filming took place in a variety of locations, including Abu Dhabi.

Ahlam loves to spend her money on a "good" cause lately! (Image: Facebook)
08:45 GMT

Wawaweewa! Ahlam gives the Algerian team a tempting incentive to win the World Cup!

June 18, 2014

Iraq's armed forces is in the process of recruiting volunteers to curb escalating sectarian violence nationwide (Haidar Hamdani/AFP)
19:02 GMT

The UAE recalled its ambassador in Iraq Wednesday for consultations regarding what Abu Dhabi has described as "the continuation of the policy of exclusion, sectarianism and marginalization of basic components of the Iraqi people."

The Arabtec saga dragged down the Dubai stock market and illustrated the opaque nature of corporate affairs in the region.
15:03 GMT

The chief executive of major Dubai construction firm Arabtec resigned on Wednesday after a tumultuous six weeks during which the company's share price plunged as much as 50 percent;

A significant change in borrowing behaviours reflects a more prudent approach in the UAE.
14:15 GMT

Borrowers dropped to 28%, says Department of Economic Development

June 17, 2014

“Particularly in terms of ways to discourage quick turnaround – what people refer to as flipping of real estate in Dubai.”
11:41 GMT

In Q1 2014, there were around 13,279 individuals carrying out property transactions, up 81 per cent compared to 7,339 during the same period last year.

June 16, 2014

Victoria Bonya getting her Inglot on at an event back in October (Image: Facebook).
17:52 GMT

With sweltering summer temperatures making most folks drop with sweat, Russian supermodel Victoria Bonya still smiles brightly after she smoked the camera screens in an outdoor UAE photo shoot for Polish makeup company Inglot.

June 15, 2014

The pic Ahlam posted on Instagram of her promised gift to the Algerian team! (Image: Instagram)
08:03 GMT

UAE singer Ahlam has promised the Algerian team a diamond football should they claim the World Cup title!

The airline began non-stop daily flights from Abu Dhabi to World Cup host city Sao Paulo in June
03:55 GMT

All 64 games will be transmitted live by IMG Media using Etihad’s inflight entertainment system, E-box, a statement said.

June 12, 2014

The line-up of celebs to perform at the F1 after-race concerts. (Image: Albawaba edit)
13:43 GMT

Mohammad Assaf, Carole Samaha, Tamer Hosny and Fayez Al Saeed will be performing at the after-race concerts at Abu Dhabi's Formula 1 Grand Prix in November!

The Abu Dhabi carrier, which began operations to Los Angeles earlier this week is in the final stage of negotiations with the Italian carrier.
09:39 GMT

It is believed to be the first time the size of the stake has been stated publicly.

June 11, 2014

Dubai stocks have indeed become some of the most highly valued equities in the world, but  correction from these heights is only to be expected.
14:08 GMT

The main index of the Dubai Financial Market fell by four per cent yesterday after weekend warnings from the UAE Central Bank that the local property market was overheating