United Arab Emirates | featured news

Wall Street shares were slightly lower as investors tried to assess the fallout from Dubai’s debt crisis as well as retail sales from the kickoff of the Christmas shopping season.

The United Arab Emirates central bank said it stood behind domestic and foreign banks operating in Dubai after a recent announcement about Dubai World’s debt.

Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.

The Rak Jebel Al Jais Mountain Resort is a new master planned tourist village in the Emirate of Ras al-Khaimah in the United Arab Emirates. Designed by the Office for Metropolitan Architecture, this future resort will be built on the top and the sides of a mountain range, defying nature and the mountains with its extravagant design