united arab emirates

Frederick's of Hollywood, the racy lingerie store that famously introduced the the first push-up bra and brought the first bikini to the U.S., has opened its first international store in a surprising place: the United Arab Emirates. Here's why the move, weirdly enough, might make sense.

A UPS plane headed from Dubai to Cologne, Germany, crashed minutes after takeoff with two crewmembers aboard.

Hey, can you break these really authentic looking $1 million bills? A woman in the United Arab Emirates fell for a scam in which a man convinced her to try to get change at the UAE central bank for two souvenir one million dollar notes he convinced her were real. The man has been arrested; it's...

Boeing has had more canceled orders for its 787 jet than new orders now that aircraft-leasing company Dubai Aerospace Enterprise has stopped 25 orders in the past month.

Saudi Arabia has ordered its mobile operators to stop providing services for Research In Motion's BlackBerry smartphones by Friday. The news comes days after the United Arab Emirates said it would halt BlackBerry data services in October.

Various forms of America media are shut down in overseas countries with some regularity. The Wall Street Journal in Singapore off and on, Google in China. Now Research In Motion is facing a ban of some of its services, in the United Arab Emirates. Saudi Arabia said it would follow suit.

The Gucci name has gone from designer leather goods to designer clothes -- now, it's getting into the hospitality business. Elisabetta Gucci Hotels, led by the daughter of designer Paolo Gucci, plans to open its first boutique hotel in Dubai this year.

It's tempting to view the Burj Khalifa as a prefab artifact, ready-made for future archaeologists to pick over while muttering about hubris and failure. But despite the many experts ready to write Dubai's financial obituary, the emirate is far from dead.

The United Arab Emirates has pledged to stand behind foreign and domestic banks in Dubai, offering additional money while extolling the strength of the Gulf nation's financial sector as world markets brace for a potential day of reckoning Monday over Dubai's crushing debt. The UAE's immediate...

The Dubai debt default seems to have inspired a bit of fear in the U.S. But is there any real reason for it? U.S. banks have minimal exposure to Dubai's debts -- most of the banks that would suffer if Dubai defaulted are located in the Middle East. Nevertheless, U.S. markets fell 1.7% Friday during...