Word: dubai
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...hunt for hydrocarbons. "I and a lot of other people in oil companies working in East Africa have long been convinced that it's the last real high-potential area in the world that hasn't been fully explored," says Richard Schmitt, chief executive of Black Marlin Energy, a Dubai-based East Africa oil prospector. "It seems, for a variety of geopolitical reasons, that more than anything else, it's been neglected over the last several decades. Most of those barriers are currently being lowered or [have] disappeared altogether." (See pictures of oil in Africa...
...executive, nearly $10 million in compensation for his work last year. That topped even the salary of Goldman Sachs chief executive Lloyd Blankfein, who was paid $9.6 million in 2009. Goldman, though, had profits of $13.4 billion in 2009. Alberto Verme, who for a time oversaw Citi's Dubai operations, responsible for billions of dollars in losses for the bank, was paid $7.8 million...
...burger, it doesn't seem to be hurting the burger business. Bill's is about to open the largest independently owned hamburger restaurant in the world, a 500-plus-seat meat cathedral in New York City's Rockefeller Center, and the Shake Shack is next opening up in Miami, Dubai and, word has it, London. But each restaurant's primary burger would be easily recognizable to Warren G. Harding. One has a potato roll, the other a sesame bun, and both have custom grinds from meat guru Pat LaFrieda, but really, they're examples of perfection rather than creation...
...Dubai...
Authorities in Dubai issued international arrest warrants for 11 suspects alleged to be behind the Jan. 20 murder of Mahmoud al-Mabhouh, a top official in the Palestinian militant group Hamas. The suspects, believed to be members of a hit squad, entered the emirate using fake European passports and were captured in surveillance footage following al-Mabhouh to his hotel room disguised in wigs and tennis clothing. Hamas has accused the Israeli intelligence agency Mossad of orchestrating the assassination. Israeli Foreign Minister Avigdor Lieberman refused to directly comment on the matter, explaining that when it comes to security issues, "Israel...