Gulf News (United Arab Emirates) back issues from November 2008:
Reviving US dollar will cheer up expats.
Nov 01, 2008 ... For the thousands of expatriates who toil away in Dubai to support their families back home, there's probably no piece of news better than a rising US dollar. Given that the UAE dirham is pegged to the American currency, any movement in the greenback is reflected in the exchange rate of ...
Trade suspension a plausible solution.
Nov 01, 2008 ... Byline: Move would allow investors to ponder the fair value of financial assets Recessionary panic is now looming larger than ever since the subprime crisis cut short the bull run in the Kuwaiti stock market. But the reported 200 million Kuwaiti dinar (Dh2.74 billion) derivative ...
Danube plans Dh40m Bahrain steel market investment.
Nov 01, 2008 ... Dubai: The GCC steel trade is expected to cross $200 billion (Dh734 billion) in 2010, according to latest studies, with the demand for steel increasing due to the construction boom and numerous project launches taking place in the region. In line with this, Danube Building ...
Marking 'Day of the Dead' with splashes of colour.
Nov 01, 2008 ... Dubai: Creative talent is in full flow among a group of Mexican artists in Dubai who have organised a unique art exhibition for the country's 'Day of the Dead' ('Dia de los Muertos') celebrations. Guillermo Munro, Luis Vasquez, Jacob Hernandez, Seyyed De La Llata and Alex ...
It's a dog's life out there for stray canines on hostile city streets.
Nov 01, 2008 ... Byline: Abandoned by callous owners, many are euthanised if not adopted quickly. Abu Dhabi: Over 100 stray dogs have been found abandoned, hungry and lost while roaming the streets of Abu Dhabi this past year, and the number has been reported to rise by the day, Gulf News has ...
Sandhu says India must learn from China.
Nov 01, 2008 ... Byline: Shooting ace believes the country's athletes must win big at the Commonwealth Games in 2010 Dubai: AaShooting ace Manavjeet Singh Sandhu says India must emulate China's performance at the Beijing Olympics and win big when the nation hosts the Commonwealth Games in 2010. ...
Arab artist's work gets record price at Christie's.
Nov 01, 2008 ... Dubai: A spectacular Triptych by Algerian artist Rachid Koraichi fetched Dh1.8 million, a world record price for the artist and the second highest price for a modern Arab work of art, at Christie's Dubai auction on Thursday. A triptych is a panel painting divided into three ...
Register for identity cards.
Nov 01, 2008 ... Dubai: AaStarting from the beginning of next year all UAE nationals and professional expatriates have to obtain an identity card which will eventually enable holders to use as labour cards, driving licences and health facilities. The Emirates Identity Authority has defined ...
Helping children recognise their cultural moorings.
Nov 01, 2008 ... Byline: Charity teaches expat children from tamil nadu their language Abu Dhabi: AaAn 11-year old Tamil boy from Abu Dhabi escaped a fine for littering while visiting his home country, India, thanks to the efforts of a community organisation here. "While visiting a ...
Bahrain panel seeks reopening of Israel boycott office.
Nov 01, 2008 ... Manama: A parliamentarian committee has sidestepped requests by the foreign minister to uphold international agreements, and called for the re-opening of the Israel boycott office. "Now that the committee has agreed on reopening the office, we request the foreign ministry to ...
'Do Not Disturb' traffic flow, warn police.
Nov 01, 2008 ... Dubai: Police warned motorists not to park on the hard shoulder to watch the shooting of the upcoming Hindi movie 'Do Not Disturb' on Friday. The filming was done across from the Crown Plaza Hotel on Shaikh Zayed Road. The movie stars Bollywood actors Lara Dutta and Reitesh ...
More women 'giving up their rights in divorces'.
Nov 01, 2008 ... Byline: Ras Al Khaimah court official says 'khole' separations are rising fundamentally due to economic reasons Ras Al Khaimah: AaSixteen women of different nationalities are insisting on 'khole' or a divorce giving up all their rights. The Domestic Reconciliation ...
Thackeray says not against migrants celebrating festival.
Nov 01, 2008 ... Mumbai: Raj Thackeray is in the mood to celebrate! After presiding over a campaign of intimidation that targeted North Indians in Maharashtra, the Maharashtra Navnirman Sena chief now says it should be okay to let migrants in Mumbai celebrate the Chhath Puja festival. Thackeray, ...
UAE monetary architecture revisited.
Nov 01, 2008 ... Byline: A couple of weeks ago, before the outbreak of the financial crisis, inflation was the hot topic in the UAE. A couple of weeks ago, before the outbreak of the financial crisis, inflation was the hot topic in the UAE. Today, the major concern is liquidity. Naturally, the ...
A working mother.
Nov 01, 2008 ... Byline: We have this lady friend who was never free to come on an outing with the rest of the 'gang'. We have this lady friend who was never free to come on an outing with the rest of the 'gang'. There was generally some relative staying over for a few days, or an impromptu ...
'If elections are held now, Conservatives can win'.
Nov 01, 2008 ... Byline: Chalabi, a prominent British Arab, says Labour has failed London: The UK major opposition party leader, David Cameron, launched a stinging attack on Prime Minister Gordon Brown government and financial policies accusing them of continuous "failures". Cameron, ...
Delhi's rickshaws won't mind their time in the sun.
Nov 01, 2008 ... Byline: Solar-powered motor helps humble mode of transport move ahead. New Delhi: In the Darwinian survival-of-the-fittest battles waged every day on Indian roads, the cycle rickshaw is the lowest species of all, so inferior to scooters, cars, vans, buses, and trucks that it ...
Godolphin's All The Good to miss Melbourne Cup.
Nov 01, 2008 ... Byline: Five-year-old horse ruled out of Tuesday's big race with hairline fracture of the cannon bone Dubai: AaGodolphin's Melbourne Cup jix continued after much-fancied All The Good was ruled out of Tuesday's race with a hairline fracture of the cannon bone. The ...
Desert win.
Nov 01, 2008 ... Dubai: AaQatar's Nasser Al Attiyah became the first Arab driver for 15 years to win the UAE Desert Challenge while French rider Cyril Despres scored his fifth bikes title triumph in the spectacular event. Having dominated the 2,197-km six-day rally from start to finish in his ...
Another bus route between Dubai and Sharjah starts today.
Nov 01, 2008 ... Dubai: A new bus route between Dubai and Sharjah (E311) will start today to cater to the increasing number of commuters between the two emirates, the Roads and Transport Authority (RTA) announced on Friday. The route has 10 buses, including four double-decker buses for the ...
Els Club to host Xerox Golf meet.
Nov 01, 2008 ... Dubai: The seventh qualifier of The Xerox Corporate Golf Challenge 2008 will be played for the first time at The Els Club in Dubai Sports City today. This will be the last qualifier held in the UAE before the final in December. The Troon-managed golf course will see local ...
BP-Ford get off to a perfect start in Japan.
Nov 01, 2008 ... Byline: Abu Dhabi team end a drama-filled day of action in the Land of the Rising Sun occupying the top two positions Sapporo: AaBP-Ford Abu Dhabi World Rally Team yesterday got off to a perfect start in Rally Japan - the penultimate round of the 15-event FIA World Rally ...
New bus service begins today.
Nov 01, 2008 ... Dubai: A new Dubai-Sharjah bus service will begin today between Al Qusais in Dubai and Al Jubail in Sharjah, the Roads and Transport Authority (RTA) announced on Friday. Ten buses, including four double-deckers, will ply the route. The service will begin at 4pm and continue till ...
Morality police up in arms against media in Saudi Arabia.
Nov 01, 2008 ... Riyadh: The General Presidency of the Commission for Promotion of Virtue and Prevention of Vice, which is also known as religious police outside Saudi Arabia, sparked a new controversy by filing a legal suit against certain journalists. Dr Ebrahim Al Howaimel, undersecretary at ...
Havoc in RAK as camel strays into residential area.
Nov 01, 2008 ... Byline: An agitated stray camel created panic among residents of Rashid Public area in the northern part of Ras Al Khaimah. Ras Al Khaimah: An agitated stray camel created panic among residents of Rashid Public area in the northern part of Ras Al Khaimah. Nobody could ...
Parents complain about poor food quality.
Nov 01, 2008 ... Dubai: Parents have complained that despite paying exorbitant fees, a Dubai-based private school offers bad quality food at its cafeteria. The fees ranges from Dh53,000 for nursery to Dh92,000 for grade 12 at the Gems World Academy on the Al Khail Road. Parents and ...
Joined at the hips by fear of terrorism.
Nov 01, 2008 ... THERE is no terror, Cassius, in your threats," Julius Caesar tells him. Pakistan could have told India the same thing at the meeting of joint anti-terror mechanism: recent bomb blasts at Malegaon and Modasa were not the doing of "Muslims from across the border." Nor did the ...
Two filthy stores shut.
Nov 01, 2008 ... Byline: Civic authorities here shut down the stores of two restaurants, in which items were stored openly and exposed. Ras Al Khaimah: Civic authorities here shut down the stores of two restaurants, in which items were stored openly and exposed. There were rats in ...
Passengers allege discourteous behaviour by airline cabin crew.
Nov 01, 2008 ... Byline: Passengers travelling by an Indian budget airline have complaint of rude and disrespectful cabin crew. Dubai: Passengers travelling by an Indian budget airline have complaint of rude and disrespectful cabin crew. They said that cabin crew of Air India Express ...
Wading through savings schemes.
Nov 01, 2008 ... Question: I've been a working expat in Dubai for five years. I have seen the insurance market expand to welcome increasing numbers of insurance companies and financial advisers. I am not sure whether to opt for a national or international firm for my savings scheme. Additionally, my ...
Farming 'main cause of water shortage'.
Nov 01, 2008 ... Dubai: AaWater used for irrigation in the Middle East and North Africa (Mena) is the leading cause of an impending water shortage, according to World Bank reports. While the region's current per capita consumption is 1,100 cubic metres of water annually, projections indicate ...
Principal denies comments attributed to the school.
Nov 01, 2008 ... Dubai: The Education Ministry is investigating a public school principal who falsely claimed that school infrastructure is worn out and is putting the lives of 600 female pupils in danger. The school principal was recently appointed to Ashbeliya School at the beginning of this ...
Gold price does not make it a safe haven.
Nov 01, 2008 ... With the calamitous downfall of some of the world's most prominent financial institutions, and the knock-on effect it has had on equities, bonds and currencies, investors are feeling exposed. As a physical asset, gold is no one's liability. There is no risk that a coupon or a redemption ...
Why Barack Obama?
Nov 01, 2008 ... Byline: He is tough and has displayed a good sense of judgment The winner of America's presidential election will inherit a perfect storm of problems, both economic and international. He will face the most difficult opening-day agenda of any president since - and I say this in ...
Israel's bond with the 'Jewish Diaspora'.
Nov 01, 2008 ... For quite sometime, the Diaspora Jews (those scattered all over the world) have played various roles in the Israeli Jewish awareness. The Jews of the then Soviet Union and those of Latin America were considered candidates for immigration to the occupied Palestinian areas, while those of ...
World Wide Web to get new addressing system.
Nov 01, 2008 ... Byline: The internet is getting an update to its addressing system, and the UAE is getting ready for the switch. Dubai: The internet is getting an update to its addressing system, and the UAE is getting ready for the switch. Currently, Internet Protocol (IP) ...
Hollywood's long road to perdition.
Nov 01, 2008 ... This for a change: the whole of last week I was living in close proximity to the super-rich and ultra-famous in Hollywood. Thanks to the launch of Emirates flight to Los Angeles from Dubai, I got a brief break from my economist-barber and investment banker-cat. True ...
Leisurecorp seals Turnberry deal.
Nov 02, 2008 ... Dubai: AaLeisurecorp, a Dubai World investment subsidiary focused on the sports and leisure sector, yesterday said it had taken over the ownership of its latest acquisition, the Turnberry Resort in Scotland. First announced in May, the EeAu55 million (Dh326.5 million) deal sees ...
Taqa reports 448% rise in third-quarter profit.(Financial report)
Nov 02, 2008 ... Abu Dhabi: AaThe Abu Dhabi National Energy Company PJSC (Taqa) said its fiscal third quarter net profit rose a whopping 448 per cent on year to Dh723 million, led by new acquisitions and income from oil and natural gas business. In a statement, Taqa's chief executive officer ...
Credit crunch 'taking its toll on Middle East hotel industry'.
Nov 02, 2008 ... Dubai: The hotel sector in the Middle East expects to be hit significantly by the international financial turmoil, as it is more susceptible to and dependent on elements outside the region. While some hotel chains have yet to feel a direct impact, others have contingency plans ...
Adnec begins brand alignment with ExCeL London, launch set next week.
Nov 02, 2008 ... Dubai: Abu Dhabi National Exhibitions Company (Adnec) on Saturday said this year's World Travel Market (WTM), being held at ExCeL London - Adnec's London exhibition centre, from November 10 - 13, will see the launch of the first stage of their brand integration. The integration ...
Bahrain's vision until 2030: A new paradigm.
Nov 02, 2008 ... Recently Bahrain grabbed media attention by an economic vision extending until 2030. The vision envisages the economy diversifying away from oil with special emphasis on financial services, industry, logistics, business services and tourism. Together, these sectors can help the ...
Aswaaq opens new community centre.
Nov 02, 2008 ... Dubai: Aswaaq, a Public Joint Stock Company under formation,Aaon Saturday said it has opened its first community centre in the Nad Al Hamar area in Dubai. "From the early morning, all the sections in the new centre started to receive visitors who came either to do their shopping ...
Imdaad unveils power division to address site requirements.
Nov 02, 2008 ... Dubai: Imdaad, Dubai World's advanced facility management service provider, unveiled its latest division - Imdaad Power - set up to address temporary power requirements for projects and industries. The launch of the new division is aimed at enhancing the package of services ...
UAE- safest place to anchor.
Nov 02, 2008 ... Byline: Country no 'economic Titanic', and economic model remains on solid ground. In many ways the financial global roller coaster is a blessing for the UAE. It is the first true test of how solid the whole Dubai and UAE project is. The project had an easy ride so far with oil ...
Going for gold to protect assets.
Nov 02, 2008 ... As the US and other European economies flirt with recession, investors, banks and savers have turned to gold to protect their assets. Rolf Schneebeli, economic adviser for ARY gold firm and former head of the World Gold Council, tells Gulf News why gold is considered a safe haven during ...
Changing identity for Turkish women in UAE.
Nov 02, 2008 ... Abu Dhabi: A decade ago Turkish women used to accompany their husbands to the UAE to live as housewives, but now the trend is just opposite, said a Turkish resident in Abu Dhabi. "Now, many Turkish men are accompanying their professional wives to the UAE. If the wife gets a job ...
Egypt activists make case for prisoners' conjugal rights.
Nov 02, 2008 ... Cairo: Human rights advocates and health care professionals in Egypt are campaigning for allowing prisoners conjugal visits, saying the move will go a long way toward promoting stability in their family lives and keeping them free from serious health threats. "Ignoring ...
UAE Cabinet nod for office to maintain transparency.
Nov 02, 2008 ... Dubai: The Cabinet, acting under the directives of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has approved the establishment of a Government Communications Office. The office will function within the General ...
No damper on launch of new funds.
Nov 02, 2008 ... Despite massive upheavals in the regional stock markets, asset managers launched 52 regional funds in the first nine months of 2008 and will likely exceed the 58 funds launched in all of last year. These do not include global funds launched by regional investment houses. ...
Land Rover extends CO2 drive.
Nov 02, 2008 ... Byline: Premium SUV segment leader to introduce carbon offset scheme in the Middle East. Dubai: Land Rover has launched a CO2 offset initiative in the Gulf and Levant which will offset the first 72,000km of customer use on all Range Rover, Range Rover Sport, Land Rover LR3, Land ...
Halting Pakistan's economic free-fall.
Nov 02, 2008 ... The upcoming meeting of the so-called 'Friends of Pakistan' on November 17 in Abu Dhabi to consider Pakistan's economic plight brings mixed prospects for the south Asian country's economy. This group includes the United States, the United Kingdom, European Union, Saudi Arabia, ...
Search for bodies inside sunken Philippine ferry continues.
Nov 02, 2008 ... Manila: The gruelling task of searching for the remains of hundreds of victims of the Princess of the Stars tragedy continued without let up on Saturday even as most Filipinos paused to honour their dead throughout the country. Rodrigo Bella, of Harbour Star, the company ...
Investigating issues residents really want covered in the media.
Nov 02, 2008 ... Byline: With all the various news in the media about traffic and rent, what really matters most to the public? Dubai/Abu Dhabi/ Fujairah: With all the various news in the media about traffic and rent, what really matters most to the public? New rules concerning shared ...
UAE's external debt put at $170b.
Nov 02, 2008 ... Dubai: The UAE's external debt currently stands at Dh623.9 billion ($170 billion) this year, up from last year's Dh532.15 billion ($145 billion), according to the latest report by credit rating agency Fitch Ratings. "After growing by 70 per cent in 2007, the pace of debt ...
Indian market revival likely to stall.
Nov 02, 2008 ... Mumbai: A nascent recovery in Indian shares could stall this week if the central bank fails to loosen policy and restore confidence. Quarterly earnings by companies last month showed high borrowing costs were crimping consumer demand across industries. With annual inflation ...
Oil drives 47.2% revenue jump in Oman.
Nov 02, 2008 ... Muscat: A 68 per cent jump in oil revenue has lifted the Oman government's revenue by 47.2 per cent to 5.78 billion Omani riyals (Dh55.32 billion) during the first eight months of 2008, up from 3.93 billion riyals during the same period in 2007, according to the monthly statistical ...
Local crudes gain as markets stabilise.
Nov 02, 2008 ... Byline: Convinced that oil had been over-sold, markets adjusted their outlook last week, increasing crude oil valuations. Abu Dhabi: Convinced that oil had been over-sold, markets adjusted their outlook last week, increasing crude oil valuations. Commodity markets ...
Tips for handling the 'financial tsunami'.
Nov 02, 2008 ... Dubai: With Alan Greenspan describing the last few weeks as a "financial tsunami", a "once in 100 years event", its time to take stock and start to clean up debris. Make no mistake, there will be very few wallets and purses with the ability to have avoided the first wave or the impending ...
Foreign investors pick up stocks worth Dh1.39b.
Nov 02, 2008 ... Dubai: Dubai Financial Market announced on Saturday that the value of shares bought by foreign investors, or non-UAE nationals, during last week (October 26 - October 30) reached Dh1.39 billion comprising 35 per cent of the total value of stocks traded during the period. The ...
Arroyo's daughter denies wedding plans.
Nov 02, 2008 ... Manila: The Presidential palace has denied alleged marriage plans by President Gloria Arroyo's only daughter, Evangeline "Luli" Arroyo contrary to reports that came out on Friday. Reli Fajardo, presidential deputy spokesperson, said there is no truth to reports that the ...
New medical centre in Dubai to scan 5,000 applications a day.
Nov 02, 2008 ... Dubai: A 5,000-capacity, one-stop residency medical fitness centre is likely to open within the next few weeks, hopefully ending the chaos following the announcement of new laws in July. Officials from the Dubai Naturalisation and Residency Department (DNRD) will also have an ...
Nocera returns to defend her Lalla Meryem Cup title.
Nov 02, 2008 ... Dubai: AaGwladys Nocera will be aiming to make it two-in-a-row when she competes in the forthcoming Lalla Meryem Cup, which is being held alongside the Hassan II Golf Trophy by Emaar at the Royal Golf Club of Dar Es-Salam from November 4 to 9. The four-time European champion ...
Dubai polished diamond trade shows exponential growth.
Nov 02, 2008 ... Dubai: Dubai's total trade of polished diamonds reached $5.29 billion at the end of the first six months of 2008, the Dubai Diamond Exchange (DDE), a subsidiary of the Dubai Multi Commodities Centre (DMCC), announced on Saturday. Polished diamond imports grew by 99 per cent ...
800 fines imposed for parking on Dubai pavements.
Nov 02, 2008 ... Dubai: Police slapped 800 fines for parking on pavements in a span of 24 hours as part of a campaign to crack down on the offence. Brigadier Mohammad Saif Al Zafein, Director of Dubai Police's Traffic Department, directed traffic police personnel working during the ...