DUBAI

Damas International Shareholders Prep for Sale

The largest shareholders of Middle East jeweller Damas International have appointed a financial adviser ahead of a potential sale of some of their shares, the firm said in a regulatory filing on Wednesday.

UK College Sacks Principal and Wife for ‘Being White and Christians’

An independent college in Scotland, sponsored by the Dubai royal family and whose stated aim is to promote multiculturalism, has sacked its Principal - Professor Malory Nye, 47. They have alleged discriminatory practices on grounds of racial and religious bias as the reason for their dismissal.

Qatar Bans Indian Biopic 'The Dirty Picture'

An Indian biopic, “The Dirty Picture”, on the life of “Silk” Smitha, a South Indian actress known for her erotic roles and films, has been banned by a Qatari agency in charge of censoring films to be screened in the country. The film has already been released in other Islamic nations, including Pakistan and the United Arab Emirates (UAE).

Lindsay Lohan Angered by New Year's Eve Claim

Lohan's rep Honig concurred that Lohan will not be in Dubai, according to TMZ: Lindsay is not going to Dubai, nor had she ever considered doing so. She will be spending New Year's Eve in Los Angeles with a few close friends and family.

Top 10 Travel Destinations for 2012

Around this time of year, wanderlust travelers raise a Champagne glass and spin the globe in search of the next great destination for the coming year. What will be the top destinations in 2012? Have a look:

Pakistani Military Chief Denies Coup Rumors

Pakistan's powerful military pledged Friday to continue supporting democracy, reiterating it was not planning a takeover as tensions grew over a controversial memo alleging an army plot to seize power.

Prince Alwaleed buys $300 million Twitter stake

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, has bought a stake in Twitter for $300 million, gaining another foothold in the global media industry.

Louis CK: How He Made $500K in 4 Days

Comedian Louis CK took a major risk by putting his new stand-up special online for $5 without any copy restrictions, but the risk paid off. He raked in over $500,000 in revenue in four days.

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Palestinians visit the grave of late Palestinian leader Yasser Arafat in Ramallah

Documentary looks at life of Palestinian leader Arafat

Associates of Yasser Arafat offer personal recollections in a documentary screened in Dubai this week on his search for an Israeli-Palestinian peace deal that descended into violence and failed to lead to a Palestinian state.
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