Abu Dhabi’s residential market to slow down in 2016
5 minutes ago
P.S. It has to be said that not everyone agrees with Nakheel's PR statement(apparently backed up by scientic facts) of the islands being helpful to the environment.
A diplomat from the United Arab Emirates has been freed in Iraq after being held hostage for a fortnight, the UAE foreign ministry says.
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Dubai itself was most fascinating to me. You couldn't help but be stunned by the level of technological advancement going on in this, one of the seven emirates that make up the United Arab Emirates, or UAE. After all, this is the place where a floating resort, and even a flying one, are supposedly in the works. The event I attended was held at Le Meridien, which boasts long white beaches, huge pools, and decent food. The people and staff were very friendly and most seem to have come from other countries for the work.
Something else really struck me as I watched the traffic, smog and trash blowing across the desert. Much like Beijing, the incredible rate of growth is resulting in increasing levels of pollution that, like it is in the West, will increasingly become a regional problem. I also wonder if Dubai is on the right track; currently it is a trading center and in the energy business. It appears to be trying to become a resort center as well and is making good progress on that strategy.
>> In recent days a Danish company called Henning Larsens Tegnestue has announced plans to build a skyscraper in Bahrain which will be twice as tall as the world's current tallest building - at a startling 1022m.
>> On Sunday seven vehicles belonging to construction companies were set on fire by protesters. These demonstrations are designed to draw attention to the tensions in the country, just as the riot that took place during the Grand Prix weekend in March was meant to do.
>> Perhaps economic development will eventually filter down to the man on the street and unrest will subside but Formula 1 needs to be aware and to watch developments carefully in the months and years ahead.
When Bill joined Yucaipa, the announcement said only that the former president would be working on two other funds - Yucaipa's American Fund and its Corporate Initiative Fund. But the Times reports, "Clinton is also a partner in a Yucaipa fund that invests in overseas ventures, for which he receives regular payments and would draw one-third of the profits when the fund is dissolved at least five years from now."Political junkies will have fun with this one.
And Yucaipa last year joined with the Dubai Investment Group to create a new U.S. company: DIGL Inc., which invests the private funds of Dubai's crown prince, Sheik Mohammed bin Rashid al Maktoun, the fifth-richest man in the world according to Forbes. Even if Bill's not directly working with that Yucaipa account, he and Hillary can expect to make millions via a company that works with the sheik.
(Of course, Dubai's known past generosity to Bill and institutions he controls, such as his presidential library, totals a very solid six figures. During the recent ports-deal flap, that relationship had former President Clinton advising and publicly defending Dubai - even as Sen. Clinton was denouncing it.)
Is Bill Clinton getting regular payments from a fund that invests the prince's money? Again, the Clintons should tell us.
If a foreign head of state is even indirectly paying the spouse of a U.S. senator and presidential candidate, the need for disclosure becomes obvious. (The same principle also holds for Bill's other hat - an ex-president posing as a disinterested commentator on America's Middle East relationships.)
Learn these facts well. The tycoon, the ex-president and the sheik are likely to be recurring topics as a Hillary presidential candidacy looms.
Part of the draft law reportedly allows a husband to prevent his wife from working, even if she has a prenuptial agreement allowing her to get a job.What is the law today?
The patient at Dubai's Training and Rehabilitation Center, a lush facility complete with swimming, art classes and a gym, deep in the desert, says he cleaned up briefly before returning to drugs. He was in the army at one point, in the police force at another, but simply could not hold down a job as his life seemed to spiral out of control. Then one day he was caught and briefly jailed before his family had had enough."And briefly jailed before his family had had enough." So his family sprung him from jail?
At the center he receives psychological counseling and training and is taught to ease back into society. Relapse rates are high, officials at the center admit, as many drug users return to the environment in which they were using drugs. Nonetheless, the government intends to continue with the program as a central effort.
"The drug problem here is really an invasion," the man said, insisting that he had cleaned up for good. "There is money, the place is open, so it's bound to happen here."
Kings and sheikhs of the oil-rich Gulf Arab states still top the Forbes list [of individual net worth], to be published in its May 22 edition.
Saudi King Abdullah is number one with an estimated $21 billion, followed by Sultan Hassanal Bolkiah of Brunei at $20 billion and United Arab Emirates' President Sheikh Khalifa bin Zayed al-Nahayan at $19 billion.
Perhaps the most industrious of the leaders listed is Sheikh Mohammed bin Rashid al-Maktoum, ruler of Dubai, with a net worth of $14 billion.
Forbes estimates the renowned racehorse breeder also helped raise Dubai's gross domestic product from about $8 billion to nearly $40 billion since 1994 by diversifying its industries outside of oil and making successful investments overseas.
The United Arab Emirates will celebrate tomorrow the 30th anniversary of the armed forces’ unification day.
On May 6th 1976, the late Sheikh Zayed bin Sultan Al Nahyan and his brothers the Supreme Council Members and Rulers of the Emirates agreed to unify the armed forces under a single banner to become one of the main pillars of the federation.
Throughout the past 30 years, the UAE has been able to build a modern army capable of confronting all challenges and defending the nation’s achievements thanks to the unlimited support by H.H. Sheikh Khalifa bin Zayed Al Nahyan, the President and Supreme Commander of UAE Armed Forces.
The Church of Jesus Christ of Latter-day Saints believes that a dead person can be baptised by proxy, which means that a Mormon can be baptised on behalf of someone who has already died.One quote from this Guardian article expresses how I feel about the practice:
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Confirmation and higher ordinances can also be performed by proxy.
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Mormons believe that this doctrine ends the injustice [of] millions of people being damned just because they died without learning of the gospel of Christ.
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There have been complaints that particularly enthusiastic Mormons have been carrying out proxy baptisms for prominent historical and religious figures including the members of other faiths.
For example the Ba'al Shem Tov, the 18th century founder of the Hasidic Jewish movement, was baptised a Mormon. In 1995 the Church agreed to halt proxy baptisms of Holocaust victims and other deceased Jews, and to remove the names of all Holocaust victims from the files. Such names are now only accepted if they are resubmitted by a direct descendant or if consent is obtained from the dead person's immediate family.
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Members of other faiths argue that it is just plain wrong to baptise dead people and make them Mormons when they can't have any say in the matter.
Mormons say that this is a fundamental error. No-one has to accept a proxy baptism. Just as the soul in paradise has a free choice to accept or reject the true gospel, they have a free choice to accept or reject the baptism. If they choose to accept the gospel, the proxy baptism means that they are fully equipped to move on in their spiritual life.
'Any Christian will tell you that these rituals do not harm the soul of the dead. But it hurts the feelings of the believers who see these rituals with the names of the deceased as equal to the desecration of graves by Satanists.'
"If everyone would be good citizens and move over when the signs tell you to, traffic would move more quickly," said Davis, a physicist at the University of Michigan. "It's the science of complexity. In large group dynamics special things happen because each individual is trying to maximize their own benefit."There is a lot of "unusual" driving in the UAE. If we all got less creative, we'd all get to our destination quicker. But what if everyone followed my advice? Then I could drive like a wildman and get there before any of you.
In America, selfish steering costs about $100 billion a year—from wasted time and fuel....
When a car in front does something unusual, drivers often respond by hitting the brakes. That in turn makes the next driver brake. Soon, a wave of commuters are flashing red brake lights.
Humans typically take 3/4 of a second to slam on the brake pedal. Talking on a cell phone can slow response time even more. The delayed reaction creates instability in an otherwise steady stream of traffic.
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Physicists tend to think of the build-up of traffic like water turning to ice.
Smooth traffic moves freely like water. When water freezes and turns to ice, it requires more energy, in the form of heat, to melt back into water. Similarly, it takes more time and work to get gridlock [un]going again.
-Look past the car in front of you to anticipate what's coming up ahead.A lot of drivers in the UAE seem to be following my advice.
-Act altruistically. When people are trying to merge from an on ramp, slow down and let them merge in front of you.
-Don't procrastinate. If highway construction shuts down lanes, merge early on before the lane closure.
Bawadi project has been conceived to develop capacity for the forecast dramatic increase in tourism to Dubai, which is set to reach more than 15 million visitors over the coming years, compared to the current six million tourists who visited the Emirate in 2005. . . . Bawadi will add an additional 31 hotels to the Emirate over the next eight years, nearly doubling the current number of hotel rooms in Dubai. Centerpiece of the development will be the world's largest hotel, Asia-Asia, which alone will provide 6,500 rooms, combining 5,100 four star and an additional 1,400 five star rooms.Here's a tip: If you don't like crowds, Dubai might not be the place to be.