Saturday, Oct. 10
Latest News
  1. 2 killed, 19 injured as Israeli forces open fire at Gaza demo
  2. Palestinian woman shot, injured after stabbing Israeli in Afula
  3. Israeli stabs, injures 4 Palestinians in Dimona
  4. Army: Israeli moderately injured in Afula stab attack by Palestinian
  5. Israeli forces kill Palestinian in Shufat refugee camp raid
  6. Clashes erupt at Bethlehem's northern entrance
  7. Police: Israeli soldier stabbed in Tel Aviv
  8. Police: Palestinian detained after Israeli stabbed in Jerusalem
  9. Israeli media: Palestinian shot near Jerusalem after car attack
  10. Police: Palestinian stabs Israelis in Petah Tikva, arrested at scene
  11. 84 Palestinians injured by rubber bullets in West Bank clashes
  12. Israeli forces raid home of Jerusalem stab suspect
  13. Reports: Palestinian killed after stabbing soldier in Kiryat Gat
  14. Israeli media: Palestinian shot dead after stabbing Israeli
  15. 2 Palestinians sustain injuries in Dar Salah clashes
  16. Residents of Majdal Bani Fadil prevent settler attack overnight
  17. Jordan MP's son 'carried out Iraq suicide attack'
  18. 15 Palestinians injured at Qalandiya checkpoint, 5 with live fire
  19. Palestinian shot, critically injured during clashes in Beit Hanina
  20. 2 Palestinians shot, injured during clashes near el-Bireh

PM: Arab Spring fund flows to UAE exceed $8 billion

Feb. 11, 2013 2:34 P.M. (Updated: Feb. 11, 2013 9:19 P.M.)
DUBAI (Reuters) -- About 30 billion dirhams ($8.2 billion) of funds have flowed into the United Arab Emirates over the past two years from countries hit by the Arab Spring uprisings, the UAE's prime minister said on Monday.

"We received 30 billion dirhams from the Arab," Sheikh Mohammed bin Rashid al-Maktoum, who is also Dubai's ruler, said in answer to a question by a member of the public at an open forum of government officials.

Large amounts of capital fled Egypt, Tunisia, Syria, Yemen and other Arab countries in search of safe havens after political and economic turmoil erupted in those countries in early 2011.

Because of its political stability and Dubai's status as an international business center, the UAE is known to have attracted a large share of the capital. But Sheikh Mohammed's figure was believed to be the first public estimate of the amount by a top official.

Sheikh Mohammed added, "We invested much more than that in such countries."

The oil-rich UAE has pledged billions of dollars in aid to help stabilize cash-strapped Arab countries since the uprisings began, and UAE companies have shown interest in investing in North Africa.
Powered By: HTD Technologies
Ma'an News Agency
All rights reserved © 2005-2015