Dubai news bites: Darkness, murder and justice
And in this week’s Dubai newsround:
Earth Hour Dubai saves emirate 200,000 kilowatts – Businesses and residents in Dubai turning lights and appliances off for a single hour on saturday night prevented the production of 120,000 kilos of carbon dioxide, which is twice the amount saved last year. Dubai is an extraordinarily energy hungry city so, [...]
Dubai shares lose ten percent in a week
Dubai’s economic woes continue.
Despite a 0.73 percent rally on Friday, Dubai’s main stock index lost over ten percent of its value in the last week closing at 1,472.82.
Emaar and Emirates NBD performed surprisingly well, but there were more losers than winners.
Dubai’s stock market is pretty much mirrored by Abu Dhabi’s.
See khaleejtimes.com for more details.
It’s easy [...]
Lindsay Lohan follows David Beckham to Dubai
Like Brad Pitt and Angelina Jolie, David and Victoria Beckham bought a luxury home in Dubai to escape the intrusions of the media. Little did they expect that Lindsay Lohan and Samantha Ronson would follow them, no doubt bringing the paparazzi with them.
Like many other stars Li-Lo has been looking at houses on the Palm [...]