Sunday, May 27, 2012 5:11 PM EDT
Dubai (in Arabic: دبيّ, Dubayy) is one of the seven emirates of the United Arab Emirates (UAE). It is located south of the Persian Gulf on the Arabian Peninsula. The Dubai Municipality is sometimes called Dubai state to distinguish it from the emirate. Written accounts document the existence of the city for at least 150 years prior to the formation of the UAE.
Dubai shares legal, political, military and economic functions with the other emirates within a federal framework, although each emirate has jurisdiction over some functions such as civic law enforcement and provision and upkeep of local facilities. Dubai has the largest population and is the second-largest emirate by area, after Abu Dhabi. Dubai and Abu Dhabi are the only two emirates to possess veto power over critical matters of national importance in the country's legislature. Dubai has been ruled by the Al Maktoum dynasty since 1833. Its current ruler, Mohammed bin Rashid Al Maktoum, is also the Prime Minister and Vice-President of the UAE. Read More
By IBTimes AU
For the first time ever after more than a century, Iran discovered oil in the waters of the Caspian Sea, state-run FARS news agency reported. (May 20)
MORE TOPICS: CRUDE OIL, MANAGEMENT, OPEC
By IBTimes IN
After six months of speculation Beti B's name is officially confirmed. Daddy Abhishek Bachchan has finally mentioned his baby daughter's name. Since the day Aishwarya Rai Bachchan's daughter was born she has been known as Beti B, but n... (May 19)
By IBTimes
Brand new French President François Hollande has already made his first foreign policy blunder: appointing Prime Minister Jean-Marc Ayrault, whose name will spark derisive snickering all across the Middle East. (May 18)
By IBTimes
If the Sir Richard Branson ice cubes aren't enough, Virgin Atlantic is giving travelers another reason to choose their airline - cell phone use has been cleared for takeoff by the company. The downfall? It will cost you. (May 16)
MORE TOPICS: RICHARD BRANSON, NEW YORK, BLACKBERRY, LONDON
By IBTimes UK
The former financial adviser of the late Yasser Arafat is being sought abroad on suspicion of corruption and embezzlement. (May 16)
MORE TOPICS: AL ARABIYA, COURT, ATTORNEY GENERAL, JUDICIARY, INVESTMENT
By IBTimes IN
Bollywood actress Aishwarya Bachchan will not break the 10 year old tradition of walking on the red carpet at the 65th Cannes Film Festival. The actress recently confirmed that she will attend the international film festival for a cause and will be accompanied by her six-month-old daughter. (May 16)
MORE TOPICS: BOLLYWOOD
By IBTimes UK
A recruitment consultant, Rebecca Black, was thrown in a jail cell in Dubai after being accused of having sex in the back of a taxi. (May 16)
By IBTimes
The Pakistani government is considering reopening its Afghan border to NATO troop supplies, ahead of the military alliance's summit. (May 15)
MORE TOPICS: AL-QAEDA, AFGHANISTAN, PAKISTAN
By IBTimes UK
Al-Qaida in Yemen is planning to defy security checks across the world by implanting explosives within suicide bombers' bodies. (May 14)
By IBTimes UK
MetaTrader 5 Platform Linked to Integral FX Grid (May 14)
MORE TOPICS: GOLD
