Thursday, May 23, 2013 3:53 PM EST

United Arab Emirates

The UAE consists of seven states, termed emirates, but only Abu Dhabi and Dubai are well known. Thanks to possessing the world's seventh largest oil reserves and a leadership that emphasizes development, it is one of the most developed economies in the Middle East with a high per capita GDP.

Headlines Around the Web

Abu Dhabi sovereign fund back in profit

Apr 12 - Financial Times

Twitter targets Mideast with ads tie-up

Jan 28 - Financial Times

Abu Dhabi tightens debt rules

Oct 23 - Financial Times

Articles About United Arab Emirates

Coronavirus
Tunisian Siblings Diagnosed with Novel Coronavirus after Death of Father

By IBTimes UK

Tunis confirms first cases of Sars-like NCoV after brother and sister contract disease. (9:06 pm)

MORE TOPICS: UNITED KINGDOM, GERMANY, TUNISIA, INFECTION

Dubai Slaps 10-Yr Imprisonment for 2 Australian Men Over Fraud Conviction, Acquits 1
Dubai Slaps 10-Yr Imprisonment for 2 Australian Men Over Fraud Conviction, Acquits 1

By IBTimes AU

Former Australian businessmen Matthew Joyce and Angus Reed have been slapped a 10-year imprisonment by the justice courts in United Arab Emirates following convictions of property fraud charges over a Dubai Waterfront project in 2009. (May 21)

MORE TOPICS: DUBAI, COURT, AUSTRALIA, SUPREME COURT

(representational image)
Raha Moharakk: Saudi Woman Makes Historic Climb to Mount Everest

By IBTimes IN

The name Raha Moharakk will remain etched in the pages of history forever. By climbing the world's highest peak at the age of 27, she has become a legend. (May 19)

MORE TOPICS: TWITTER, ARGENTINA, LONDON

ATM skimming device Romanian prisoner
Romanian Prisoner Creates Gadget to Protect Cash Machines

By IBTimes UK

A Romanian prisoner has created a device which will prevent criminals from "skimming" people's bank account details when they use an ATM. (May 17)

MORE TOPICS: CHINA, MANUFACTURING, CYBERCRIME, ADDICTION

Omar Borkan AL Gala
Omar Borkan Al Gala: ‘Too Handsome’ Man Recovers Facebook Page, Set to Hit 1 Million Follower Mark [PHOTOS]

By IBTimes IN

The Facebook page of Omar Borkan Al Gala, which got deleted on Tuesday, has been recovered. The 'too handsome' man's official Facebook account was deleted just days after he revealed his relationship status. (May 17)

MORE TOPICS: FACEBOOK

An Emirati man walks past a tourist posing for a photo near the Burj Khalifa, the tallest tower in the world, in Dubai May 9, 2013. (Photo: REUTERS)
Islamic Finance: BLME Targets 15% Asset Growth in 2013

By IBTimes UK

Rising Islamic finance activity in the Gulf prompts the UK's largest standalone Islamic bank to open Dubai office (May 17)

MORE TOPICS: DUBAI, MANAGEMENT, INVESTMENT, LONDON

Omar Borkan Al Gala
Omar Borkan Al Gala: Facebook Page Recovered, “Too Handsome” Guy “Too Hot” He Could Reach Staggering One Million (1M) Followers in Days!

By IBTimes AU

Women continue to express “love and support” for Omar Borkan Al Gala despite the mysterious loss of his official Facebook account. The Dubai native “too handsome” for his country, also appears to be “too hot” on Facebook that upon recovery, the num... (May 15)

MORE TOPICS: FACEBOOK, DUBAI, STORM

The SARS disease, which emerged in southern China in late 2002, spread rapidly from south China to other cities and countries in 2003. Over 8,000 people were infected and 775 died.
New SARS-Like Virus: Death Toll in Saudi Arabia Reaches 15

By IBTimes AU

The death toll due to the new SARS-like coronavirus has reached 15 lives in Saudi Arabia. France, on the other hand, has reported its second infection which was believed to have contracted through human-to-human transmission. (May 13)

MORE TOPICS: INFECTION

For banks in cyber heist, how to get their money back?

By Reuters

Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. (May 12)

MORE TOPICS: CALIFORNIA, COURT, INDIA, NEW YORK, MANAGEMENT, LAW FIRM

Alleged Dominican head of New York ATM thefts was shot dead

By Reuters

An alleged leader of the New York arm of a global cyber crime ring, which stole $45 million from two Middle Eastern banks, was shot dead during an attempted robbery in the Dominican Republic last month, Dominican police said on Friday. (May 11)

MORE TOPICS: GERMANY, NEW YORK