fools of today the kings of tomorrow . . . remember
UAE considers cut in dollar reserves
By Peter GarnhamMon Oct 30
The United Arab Emirates, the second-largest Arab economy, signalled on Monday that it might cut its holdings of dollars by almost half, highlighting a recent trend of reserve diversification away from the US currency.
Sultan bin Nasser al-Suwaidi, the governor of the central bank of the United Arab Emirates, told a meeting of central bankers from Gulf states in Abu Dhabi that the bank wanted eventually to lower the dollar's share of its foreign currency reserves to a range of 50-90 per cent. Currently the UAE holds 98 per cent of its $25bn foreign exchange reserves in dollars and 2 per cent in euros.
"It is our investment policy to diversify," said Mr al-Suwaidi. "We are still waiting for the appropriate time."
Mr al-Suwaidi said that the central bank was still planning to convert as much as 8 per cent of its dollar holdings into euros - a scheme it first proposed in March amid fears that the US currency was set to depreciate. END
Mining Metals Oil & Gas Congress Dubai
http://events.onlinebroadcasting.com/minellc/103106/index.php?mode=1&sel_date=2
Mining Metals/Oil & Gas Congress Dubai 2006October 31 - November 1, 2006
Eid Mubarak
The Prophet said, "The keys of the unseen are five and none knows them but Allah: (1) None knows what is in the womb, but Allah: (2) None knows what will happen tomorrow, but Allah; (3) None knows when it will rain, but Allah; (4) None knows where he will die, but Allah (knows that); (5) and none knows when the Hour will be established, but Allah."
camel milk chocolate
An Austrian chocolate maker has joined forces with an Arabic camel farm to create a new delicacy - camel milk chocolates.
Vienna-based Chocolatier Hochleitner took six months to develop the treats using milk from the Al Ain Camel Farm and Dairy in the UAE.
Company head Johann Georg Hochleitner said camel's milk was a good alternative to cow's milk because it was lower in fat and sweeter.
"We have combined camel's milk from the farm in Al Ain with honey from Yemen and have developed a healthy and delicious new type of chocolate," said Hochleitner.
The first samples were made in Vienna although the partners plan to build a production plant in the UAE and will invest in another 2,000 camels.
The proposed manufacturing plant is expected to come into production in June 2006, and will have a capacity of 50 tons of camel chocolate per month.
Hochleitner and and his Arabic partners plan to target wealthy customers staying in luxury hotels in Abu Dhabi and Dubai.
Source : ananova
dubai murder burj al arab hotel
A Russian millionaire was killed in an alleged shootout, while another man was seriously injured in the incident that took place at the Burj Al Arab Hotel here in the small hours yesterday.The victims, according to a hotel source, were guests. Unconfirmed reports said the millionaire was staying in one of the suites. Two men, known to him, entered his suite and shot him dead in the course of a dunken brawl, these reports said.Executives at Burj Al Arab declined to comment on the incident, and so did Anna Bleacker, Director of Communications and Public Relations for the Jumeirah Group.Source: KT
Places of Worship
Islam is the official religion in the UAE. Around 16 per cent of the local population is Shi'a Muslim and the remainder Sunni Muslims. While Dubai is the most multicultural and therefore most tolerant of the emirates and other religions are respected, it is still a Muslim state.The faithful congregate five times a day to pray and you will hear the call to prayer being sung from local mosques all over Dubai.Tourists need to be extra sensitive if they are visiting during Ramadan, the ninth month of the Muslim calendar, when Muslims fast during daylight hours to fulfil the fourth pillar of Islam. Ramadan last approximately one month but the time of year varies each year as it is determined by the lunar calendar (the dates move forward by approximately 11 days each year).Owing to its relative tolerance, Dubai has a variety of Chritian churches and Hindu temples, listed below.
The Arabic Evangelical ChurchPO Box 9316DubaiUnited Arab EmiratesTel +971 4 344 2509
Church of Jesus Christ of Latter-day SaintsPO Box 53770DubaiUnited Arab EmiratesTel +971 4 395 3883
CSI – Parish ChurchPO Box 6365DubaiUnited Arab EmiratesTel +971 4 337 2111
Emirates Baptist Church InternationalPO Box 53810DubaiUnited Arab EmiratesTel +971 4 349 1596
Holy Trinity C of E Church PO Box 7415DubaiUnited Arab EmiratesTel +971 4 337 0247
International Christian Church of Dubai PO Box 8684DubaiUnited Arab EmiratesTel +971 4 344 0828
Marthoma Syrian Church Of Malabar (Dubai Parish)PO Box 2591Jebel Ali FZDubaiUnited Arab EmiratesTel +971 4 884 5233
New Covenant Church PO Box 48732DubaiUnited Arab EmiratesTel +971 4 335 1597/8
Saint Francis of Assisi RC ChurchPO Box 51200Jebel AliDubaiUnited Arab EmiratesTel +971 4 884 5104
Saint Mary's RC Church PO Box 51200DubaiUnited Arab EmiratesTel +971 4 337 0087
United Christian Church of Dubai PO Box 8684DubaiUnited Arab EmiratesTel +971 4 344 2509
Other Emirates
Abu Dhabi Arabic Evangelical ChurchPO Box 4006Abu DhabiUnited Arab EmiratesTel +971 4 2 443 4350
Evangelical Community ChurchPO Box: 4006Abu DhabiTel +971 4 2 446 4563
Indian Evangelical ChurchPO Box 15497Abu DhabiUnited Arab EmiratesTel +971 4 2 446 3043
Saint George’s Orthodox ChurchPO Box 883Abu DhabiUnited Arab EmiratesTel +971 4 2 446 4564
Saint Joseph’s Catholic ChurchPO Box 54Abu DhabiUnited Arab EmiratesTel +971 4 2 446 1929
Saint Andrew’s Episcopal ChurchPO Box 262Abu DhabiUnited Arab EmiratesTel +971 4 2 446 1631
Al Ain The Arabic Evangelical ChurchPO Box 15497Al AinUnited Arab Emirates
Tel +971 4 3 722 3337
Sharjah
Filipino International Christian ChurchPO Box 9115SharjahUnited Arab EmiratesTel +971 4 6 538 6339
The Marthoma ChurchPO Box 2106SharjahUnited Arab EmiratesTel +971 4 6 567 4876
St Gregorious Orthodox ChurchPO Box 2229SharjahUnited Arab EmiratesTel +971 4 6 566 9622
St Mary's Syrian ChurchPO Box 26832SharjahUnited Arab EmiratesTel +971 46 566 3384St Michael's Catholic ChurchPO Box 1745SharjahUnited Arab EmiratesTel +971 4 6 566 2049
etisalat wins two prizes
UAE incumbent Etisalat, which is undergoing a massive change in culture and market outlook in the face of the looming entry of competition, was rewarded with two prizes. The judging panel deemed Etisalat’s improved customer care credentials to be the best in the region this year, and also considered the operator’s overall business strategy worthy of selection as the overall operator of the year. [more]
Dubai needs more ... sand !
Apparantly not only is Dubai running out of oil, it is also running out of sand...
"It is a process that has been duplicated up and down the coast of Dubai since the launch of the original Palm island five years ago. Today, dredgers like the Ham 318 are removing more than one million m3 of sand from the seabed of the emirate’s coastal waters every week – and the process is likely to continue for the next five years, when the reclamation of the Dubai Waterfront project is due to complete. But after that point, there will not be enough sand left within the territorial waters of Dubai to allow for any more island building, according to dredging companies who have spoken to Construction Week."-- read more HERE . It is strange to think about it, a desert with no more sand.
etisalat launces weyak
Etisalat has announced yesterday the launch of Weyak, the country’s first comprehensive and bilingual portal fully accessible over Internet and mobile devices, exclusively for its customers.Weyak, which means ‘With You’ in Arabic, is designed to offer the best and most relevant community content to people living in the UAE, along with services that are highly personalized and secure. It can be reached on www.weyak.ae for Internet and “mobile.weyak.ae” for mobile devices.The fully customizable content and services portal includes the latest entertainment services and news from around the nation and around the world, Islamic content, and community resources ranging from e-mail, blogs and discussion forums to shared photo albums, downloadable content and gaming.Etisalat customers using conventional Internet connections or GPRS-enabled mobile phones will be able to subscribe to the Weyak portal for free through their existing user IDs and prepaid or post-paid mobile numbers. Customers seeking premium content to download can pay for it securely over their existing connections.To access Weyak from a mobile phone, consumers can send an SMS with the message ‘a weyak’ to 1010, and will immediately receive setup instructions.Read Also:Etisalat unveils Weyak, UAE's first virtual community (AME Info)
Dubai & Christian Churches
Discussion possible : Why are catholic churches in the Middle East not allowed to have bells and a tower, it's like building moskees in other country without tower ?
Dubai Evangelical Church Centre is a partnership organization between two ongoing multinational Christian Churches in Dubai. These two churches are the United Christian Church of Dubai (UCCD) and the Arab Evangelical Church of Dubai (AECD).
To learn more about these these two charter member DECC churches, visit their page.
Subscribe to:
Posts (Atom)
