Word: dubai
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...that boozing contributed to his many injuries and 27 surgeries, leaving him with only flashes of his former brilliance. And now, at the twilight of his career, 35-year-old Gascoigne is searching for one last chance at redemption. Earlier last year there was talk of a deal in Dubai or America or Malta. Maybe even one last shot in England...
...South Asia's Muslim underworld, which later proved so useful to Osama bin Laden's al-Qaeda. We follow the conspiracy from a single telephone call that was made to Mafia supremo Dawood Ibrahim by his handlers in the Pakistani secret service to a December 1992 meeting in Dubai between Dawood's lieutenants and Islamic terrorists to the smuggling of explosives into deserted coves along the coastline south of Bombay. What is most remarkable is the speed with which India's most devastating terror strike was assembled by a handful of amateurs guided only by improvisation and furious zeal: just...
...that al-Sabah has the brands, the store (including a franchise deal for a second store in Dubai) and the press--plus a little respect from his family--his ambitions have expanded. He didn't attend the haute couture shows last month. "My uncle, the Prime Minister, wants to have me involved in a new creative project--development and work in promoting tourism in my own way," al-Sabah explains. "You see, Saddam's days are counted, and Kuwait will experience a major change and big economic boom in the near future." So while the Americans and the Europeans have...
...offer Shari'a-compliant mortgages. And there are other obstacles. Because the universe of Shari'a-compliant stocks is limited, funds based on this type of investing tend to under-perform the market - an investor turnoff. Scandal has also taken its toll - in 2000, 17 former managers of the Dubai Islamic Bank were convicted of embezzling millions of dollars of investors' money. "Islamic banking is still a virgin territory," notes Rumman Faruqi, ceo of the London-based Institute of Islamic Banking and Insurance. "We have a lot of catching up to do." But the sector remains upbeat. "We are seeing...
...Latvian port of Ventspils to Singapore with a cargo of 76,972 tons of Russian fuel oil. "The ultimate story will be why, why, why?" says Stewart Wade, spokesman for the Houston, Texas-based American Bureau of Shipping (ABS), which inspected and last certified the tanker as seaworthy in Dubai last May. "This ship never should have sunk, and the spill should have been contained." The crew's deliberate flooding of empty tanks on one side of the hull to get the ship back in an upright position created far too much stress, says Wade. "After that, the final sinking...