| In UAE, horses are big business as well as passion |
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When an economic crisis in Uruguay strained the finances of Pio Olascoaga Amaya's family farm, he found salvation halfway across the world: the horse racing industry of Dubai. |
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| UAE economy grew 4.9% on high oil prices, safe haven status in 2011 |
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The UAE's GDP is estimated to have grown 4.9 per cent last year, said the latest report by the International Monetary Fund (IMF), adding that the UAE economy continues to recover from the fallout of the global downturn. |
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| Annual traffic at Dubai airports to reach 98m |
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Annual aircraft movements in Dubai are expected to increase to 560,000 by 2020 when over 98 million passengers and over four million tonnes of air freight will pass through the emirate’s airports, a special research study revealed. |
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| Plan for internet cafe ban on children |
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Children under 18 would be banned from internet cafes under a plan by child-protection officers. The proposal is being studied by the Social Affairs Minister, Mariam Al Roumi, the ministry's child department director Moza Al Shoomi said yesterday |
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| Cost of living gets cheaper for Dubai residents |
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The recent Worldwide Cost of Living Survey has revealed that Dubai has become more affordable as the emirate has been ranked 94th, 16 places lower than last year.Dubai residents believe the emirate has become an affordable city with highest living standards. |
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