DUBAI // Scams, false claims and stories that do not bear out are causing concern among people who would otherwise be willing to do their zakat, or charity works, by helping beggars. One such ploy is where beggars appear at petrol stations, asking for money to help them continue their journey home. But if the Dh300,000 car was not enough of a mixed signal for Eric R, […]
ABU DHABI // Yas Marina Circuit is looking to stage major international charity events after staff visited New York to gain ideas from a major run there. Officials from the track visited the Big Apple last month to attend the city’s UAE Healthy Kidney 10K road run and learn about staging the best in community fitness programmes. The annual Healthy Kidney event, a tribute to the founding […]
Analysts are predicting a pre-Ramadan correction on the Dubai Financial Market. They say this has happened twice before: in early 2006 after the near doubling of the market in 2005; and in 1999 when the Emaar-IPO bubble burst. It will happen again. The price-to-earnings ratio has swung from an under-valued 10 to an extremely over-sold 21. Emerging markets in the MSCI Index, whose highly prized inclusion of […]
Passenger traffic through Dubai International Airport, one of the world’s busiest, rose 13.1 percent from a year earlier in September to 5.4 million people, airport authorities said on Tuesday. The September clip is well down from August, when passenger numbers jumped 23.8 percent to a record 6.0 million, partly because of travel related to the Islamic holy month of Ramadan. In the first nine months of this […]
