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Dubai
Dubai
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1400 |
From about this time Dubai became a major crossing point on int’l. trading routes in silk, pearls, spices and gold. Links: UAE, Dubai 
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1836 |
Britain’s Peninsula and Oriental Steam Navigation (P&O Line) was founded to carry mail among Portugal, Spain and England and later expanded to passenger service. In 2005 Dubai’s DP World purchased the company for $5.7 billion. Links: Britain, Dubai, Ship
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1906 |
The 16-story, Beaux-Arts-style Knickerbocker Hotel opened in NYC at Broadway and 42nd. It was financed by Jacob Astor. The hotel closed in 1921 and was converted to apartments and textile showrooms. In the 1950s it was converted to an office tower. In 2006 it was purchased by Istithmar Hotels, an investment arm of Dubai’s royal family, with plans to restore it as a luxury hotel. Links: USA, NYC, Dubai
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1971 Dec 2 |
The British pulled out of the Trucial States (7 coastal Arab sheikhdoms that included Sharjah) in the Persian Gulf and these states formed the United Arab Emirates (UAR). Abu Dhabi, Dubai, Sharjah, Ras al Khaimah, Umm al Qaiwain, Ajman and Fujairah merged to form the new federation. Links: UAE, Britain, Dubai, Abu Dhabi
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1985 |
Gulf Air, a joint venture between Abu Dhabi, Bahrain, Oman and Qatar, decided to cut back its services to Dubai. This prompted Dubai to launch its own airline. The Emirates Airline began in the UAE with 2 rented planes and a $10 million investment from Dubai’s ruling family under the direction of Maurice Flanagan. In 2005 the state-owned operation planned to double its 73-plane fleet. Sir Tim Clark helped set up the airline and by 2015 it was the world’s biggest carrier as measured by int’l. passenger mileage. Links: Qatar, Bahrain, UAE, Aviation, Dubai, Oman, Abu Dhabi
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1998 Aug 12 |
In Pakistan Benazir Bhutto was indicted on charges of illegally awarding a contract to a Dubai-based company for the import of gold and silver during her rule. Links: Pakistan, Dubai, Govm’t Scandal
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1998 Sep |
In Dubai, UAR, the construction of a new multi-million prison was set to begin. Crown Prince Sheik Mohammed bin Rashid al-Maktoum conceived of the facility as a prison for 2,000 "guests" of white-collar crimes. The prison will have a gym, theater, conference center, and be equipped with internet access. Links: UAE, Dubai
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1999 Dec 24 |
In Nepal 5 Sikh men, members of the Kashmir Harakut ul-Mujahedin, hijacked an Indian Airlines A-300 Airbus with 189 people onboard. After 3 stops for refueling it landed in Kandahar, Afghanistan, where it was surrounded by Taliban militia. 26 passengers were released in Dubai. They called for the release of Maulana Massood Azhar, a Pakistani religious leader and other Kashmiri militants. They later raised their demands to $200 million, the release of 35 jailed guerrillas and the exhumation of a dead comrade buried in India. [see Dec 29] Links: India, Nepal, Pakistan, Kashmir, Dubai, Afghan, Hijacking
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2000 Oct 16 |
Israel announced the kidnapping by Hizbullah of Elchanan Tannenbaum (b.1946), a colonel in Israel’s reserves. He was kidnapped in Dubai and taken to Lebanon. Tannenbaum was released in January 2004 as part of a prisoner swap with Hezbollah. The swap exchanged 435 prisoners held by Israel in return for Tannenbaum's release and the return of the bodies of 3 soldiers killed during an ambush along the Israeli-Lebanese border. Links: Israel, Lebanon, Dubai
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2001 Jul 28 |
Jamal Beghal (36), a French-Algerian, was arrested in Dubai, UAR, with a false French passport while traveling to Europe from Afghanistan. He was extradited to France in Sep 30. He told police of a plans to bomb the US Embassy in Paris on orders from Abu Zubaydah, a top bin Laden lieutenant. Links: Algeria, UAE, France, al-Qaida, Dubai
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2002 Jan 22 |
At least 4 police officers were killed when 2 gunmen opened fired at the American Center in Calcutta. 19 people were wounded. 3 Bangladeshis and 3 teachers from an Islamic school were later arrested and charged with murder. Gangster Aftab Ansari was later ar-rested in Dubai and said his motive was to punish police for killing his friend, Asif Raza Khan, last year. Harkat-ul Jihadi-e-Islami (HUJEI) was later implicated. In 2005 7 people were sen-tenced to death for the killings. Links: India, Dubai
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2002 Aug 25 |
In the UAR the roof of a Dubai warehouse that was under construction collapsed, killing seven people and injuring 19. Links: Dubai
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2002 Nov 18 |
It was reported that Dubai was constructing the $5.5 billion Palm Island resort project, scheduled for completion in 2006. The $4.9 billion Dubailand tourist city included 45 theme parks, sports centers and discovery zones. Links: UAE, Dubai
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2002 Nov 21 |
Al-Qaida leader Abd al-Rahim al-Nashiri, the network's chief of operations in the Persian Gulf, was reported to have been captured earlier in the month. The Saudi of Yemeni descent was captured in Dubai and flown to a CIA prison in Afghanistan and then onto Thailand where he was waterboarded and interrogated. He had allegedly planned the Oct 12, 2000, attack on the US Navy destroyer Cole. Links: UAE, Thailand, al-Qaida, CIA, Dubai, Afghan
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2002 |
Dubai began creating a world-class financial centre as part of its diversification into service industries before running out of oil and gas. Links: UAE, Dubai
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2002 |
Geo News, a Dubai-based Pakistani TV news channel, got its broadcasting license. It began broadcasting in November 2005 and soon became the darling of the army and religious right. Links: Pakistan, TV, Dubai, Journalism
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2003 Oct |
Air Arabia, a Sharjah government-owned airline, launched services from Dubai. It billed itself as the Middle East's first budget airline. Links: Aviation, Dubai
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2003 |
The Saudi-owned news channel al-Arabiya was launched from Dubai. Links: Saudi Arabia, Dubai
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2004 Feb 22 |
Giorgio Armani signed a $1 billion hotel venture with Dubai’s Emaar Properties. Links: Italy, Dubai
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2004 Sep 27 |
In Dubai a wall collapsed at an airport construction site, killing more than eight workers and injuring many more. Links: Dubai
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2004 Dec 6 |
The Dubai Int’l. Film Festival (DIFF) opened its first season. Links: Dubai, Film
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2004 Dec 7 |
DragonMart, a 1.2km dragon-shaped mall in Dubai featuring Chinese products, opened its doors to the public as the biggest Chinese shopping mall outside of China. Links: China, Dubai, Retail
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2004 |
DP World, a ports operator owned by the government of Dubai (UAR), purchased the port operations of CSX, a US railroad company, for $1.15 billion formerly run by John Snow, US treasury secretary. Links: USA, M&A, Central African Rep., Dubai
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2004 |
Dubai reported 34 site-related deaths of construction workers this year. Human Rights Watch counted 880 bodies sent home by foreign embassies. Links: Labor, Dubai
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2004 |
The Dubai International Financial Center (DIFC) was set up in the city center as a 110-acre "free zone" to boost Dubai as both a financial waystation and investment destination. Links: UAE, Dubai
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2005 Mar 23 |
It was reported that Dubai Holding, controlled by the ruler of Dubai, had reached a deal to buy 21,000 rental apartments in the US Sunbelt for $1 billion. Links: UAE, Dubai
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2005 Sep 26 |
Dubai launched its Dubai Int’l. Financial Exchange (DIFX). Its 1st securities were certificates linked to the world’s main stock market indices and issued by Deutsche Bank, one of its founding members. Links: UAE, Germany, Dubai
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2005 Oct 2 |
A Dubai-based newspaper said it stands by a story in which it quoted Iran's president as saying he might curtail oil sales if his nation is referred to the UN Security Council for possible sanctions over its nuclear program. Links: Iran, Central African Rep., Dubai
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2005 Oct |
Workers in Dubai broke ground on a $3.8 billion, 42-mile, light rail system to be completed in late 2009. Links: UAE, Dubai
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2005 Nov 16 |
Former President Clinton in Dubai, UAR, told Arab students that the US made a "big mistake" when it invaded Iraq, stoking the partisan debate back home over the war. Links: UAE, USA, Dubai, ClintonB
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2005 Nov 25 |
Newspapers in Dubai reported that police had raided a hotel chalet in Ghantout and arrested 26 men as they celebrated a wedding ceremony. 22 of the 26 arrested were from the Emirates. Links: UAE, Gays, Dubai
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2005 Dec 19 |
US federal authorities fined Dutch bank ABN Amro Holding NV $80 million for violating US money-laundering laws and sanctions against Iran and Libya. Nearly a decade of violations involved billions in transactions passing through bank offices in NY and Dubai, UAE. Links: UAE, USA, Netherlands, Dubai, Corp. Scandal
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2005 |
Dubai put a 15% cap on rental increases as other living expenses rose by double digits. Links: UAE, Dubai, Real Estate
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2005 |
Dubai’s population numbered about 1.5 million. Links: UAE, Dubai
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2006 Jan 4 |
Sheik Maktoum bin Rashid Al Maktoum (62), the emir of Dubai and prominent owner and breeder of thoroughbred horses, died during a visit to Australia. Links: Australia, UAE, Dubai
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2006 Jan 27 |
British port operator Peninsular and Oriental Steam Navigation Co. switched prospective suitors for the second time after Dubai Ports World raised its offer for the company to almost $7 billion, trumping an offer from Singapore's PSA International Ltd. Links: Britain, Singapore, Dubai
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2006 Feb 11 |
Dubai Ports World, a state-owned business in the United Arab Emirates, won approval from a secretive US panel for a $6.8 billion deal to take over operations at six American ports. Links: UAE, USA, Dubai
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2006 Feb 13 |
DP World, a ports operator owned by the government of Dubai (UAR), paid $6.8 billion to acquire P&O, a British firm which runs a global network of maritime terminals including 6 American ports. Links: Britain, USA, M&A, Dubai
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2006 Feb 21 |
Pres. Bush said he would veto any legislation blocking a deal for a state-owned company in Dubai to manage port terminals in US cities. Bush was not aware of the pending sale of the port operations until after aides approved the deal. Links: USA, M&A, Dubai, BushGW
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2006 Feb 26 |
The Bush administration said it has accepted a proposal from Dubai Ports World for a 45-day review of national security implications of its plans to take control of operations at 6 US ports. Links: UAE, USA, Dubai, BushGW
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2006 Mar 9 |
Dubai Ports World bowed to pressure from the US Congress and announced that it will sell off its US operations to a US owner. Links: UAE, USA, Dubai
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2006 Mar |
Persian Gulf stock markets suffered their 1st serious correction after years of 6-7% annual gains. Stock market reversals in Abu Dhabi and Dubai in the UAE, along with Kuwait, Qatar and Saudi Arabia triggered outrage among local small investors. Links: Qatar, UAE, Kuwait, Saudi Arabia, Dubai, Abu Dhabi
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2006 Apr 26 |
About 2,500 foreign construction workers rioted over wages and working conditions at a building site in Dubai, smashing equipment and vehicles in the second violent protest by construction workers in a month in the fast-growing city. "We get 450 dirhams ($123) a month," one worker said, speaking on condition of anonymity because he feared retribution. "It's not enough. We can't save any money." Links: UAE, Labor, Dubai
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2006 Apr 28 |
President George W. Bush approved Dubai's $1.24 billion takeover of Doncasters, a British engineering company with US plants that supply the Pentagon. Links: USA, Dubai, BushGW
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2006 May 24 |
Dubai hosted the Middle East's first major international art auction. Links: UAE, Dubai
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2006 Jun 14 |
India's largest film festival kicked off in Dubai, as a number of Bollywood stars descended on this booming Gulf city state where Indians make up the largest community. Links: UAE, India, Dubai, Film
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2006 Oct 18 |
In Dubai Etisalat, a state-controlled phone company, was reported to have soaring profits. The Emirates' chief telecom and Internet provider, began to block Skype and other Internet phone providers during the summer, arguing they had no license to sell phone service. Calls for 2 cents a minute went dead and customers were forced to pay 75 cents per minute to phone Britain and 60 cents to call the United States during peak hours. Links: UAE, Dubai, Telecom
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2006 Oct 30 |
South African miner Gold Fields announced it was listing on the Dubai International Financial Exchange (DIFX), becoming the first African company to list shares on the fledgling Gulf market. Links: UAE, South Africa, Dubai
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2006 |
Oil revenues in Dubai dropped to 7% of GDP as economic development expanded to transport, tourism and business. Dubai, ruled by the wealthy al-Maktoum family, planned to become the main financial center between Europe and Asia. Links: UAE, Oil, Money, Dubai
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2007 Jan 18 |
In Dubai a high-rise apartment building under construction caught fire, injuring up to 25 workers and trapping others in thick smoke as rescue crews scrambled to reach them. Links: Dubai
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2007 May 19 |
Sheikh Mohammed Bin Rashid Al Maktoum, the ruler of Dubai, launched a $10 billion foundation to provide scholarships and promote research in the Middle East, saying the region has neglected education despite its oil wealth (www.mbrfoundation.ae). Links: UAE, Oil, Dubai, Education
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2007 Jun 1 |
CNBC Africa was launched from new headquarters in South Africa. Dubai investors put in some $22.5 million for the 24-hour African business channel broadcasting to 14 African countries. Links: South Africa, TV, Dubai, Journalism
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2007 Jun 18 |
The Gulf emirate of Dubai announced it had bought the Queen Elizabeth 2, one of the world's most majestic cruise liners, and planned to turn it into a luxury floating hotel. Links: UAE, Dubai, Ship
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2007 Jun 19 |
In Dubai a Canadian UN official, who advised the Afghan government on eradicating opium poppy crops, was sentenced to four years in prison for smuggling and drug possession. Bert Tatham (35) of Vancouver, British Columbia, was arrested April 23 during a one-hour stopover at the Dubai International Airport, after being caught with a half a gram of hashish, and two poppy bulbs. Links: Canada, UAE, Drugs, Dubai
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2007 Jul 14 |
Alexandre Robert (15), a French-Swiss youth, was raped by 3 UAR nationals in Dubai. The case went to court in November. On Dec 12 a panel of judges sentenced two Emirati men to 15 years in prison each in connection with a kidnapping and sexual attack on the French-Swiss boy. Links: UAE, France, Switzerland, Dubai, Rape
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2007 Jul 21 |
Developers of the Burj Dubai, a 1,680-foot skyscraper still under construction in oil-rich Dubai, claimed that it has become the world's tallest building, surpassing Taiwan's Taipei 101 which has dominated the global skyline at 1,667 feet since 2004. Links: UAE, Dubai
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2007 Aug 17 |
Borse Dubai made a $3.95 billion takeover bid for OMX AB, challenging US-based Nasdaq Stock Market Inc. for ownership of the Stockholm-based Nordic stock exchange operator. Links: UAE, Sweden, Dubai
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2007 Aug 21 |
The board of MGM Mirage approved a deal with Dubai World in which the holding company for the Persian Gulf state will eventually acquire a 9.5% stake and 50% ownership in the Las Vegas CityCenter project. Links: UAE, USA, Nevada, M&A, Dubai
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2007 Sep 14 |
Developers in Dubai said the Burj Dubai, the world's tallest building since July, has also become the tallest free-standing structure on earth, reaching 1,822 feet. The over 700-meter (2,313 feet) Burj Dubai tower complex, a part of the Dubai Mall, was expected to be completed this year. The design was by Skidmore, Owings & Merrill of Chicago. Links: UAE, Architect, Dubai
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2007 Sep 20 |
Borse Dubai and Nasdaq, rivals to take over Nordic market operator OMX, said they had joined forces to acquire it together in a deal that gives Borse Dubai 19.99 percent of US-based Nasdaq and 28 percent of the London Stock Exchange. Links: UAE, Britain, USA, Norway, Dubai, Nasdaq
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