Dubai Bail Out “Update”

There you go, just as promised the story of the Dubai Bail Out is already out. Below the story is taken from Reuters.                                                                                                                                                                           DUBAI GOVT ISSUES $20 BLN OF BONDS, UAE CBANK SUBSCRIBES FOR HALF OF BONDS - STATEMENT
Dubai launches $20 bln bonds, UAE cbank takes half

DUBAI, Feb 22 (Reuters) - The government of Dubai said on Sunday it has launched a $20 billion bond programme to help the Gulf emirate meet its financial obligations and press ahead with development projects.
The central bank of the United Arab Emirates has subscribed to the first issuance of $10 billion worth of the five-year bonds that carry an annual interest rate of 4 percent, the emirate's finance department said in a statement.
The bonds "will secure the necessary funding for Dubai to meet its financial obligations and continue its development programme", said the emirate, one of seven members in the UAE federation.
(Reporting by Firouz Sedarat and Inal Ersan).                                                                                                                                                                                      The story is from Reuters

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Dubai: The long awaited Bailout Arrives!!

UAE Central bank is issuing bonds for 100 bn dollars to bail out Dubai! Now, what are we supposed to make out of this, I’m not really sure. But, let’s hope that this eases the problem looming in the horizon.

I for one am keeping my fingers crossed!!

I tried to look up and article to refer to it but so far I couldn’t. However, I assure you it’s going to be a couple of hours only, and those articles will be all over the place!!

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Dubai & The Financial Crisis

All around the world countries have been hit badly by the financial crisis. People being laid off, companies going bust and houses stand empty like ghost houses from a Hollywood movie. Occasionally, you hear a comment here and there, about Ford, Lehmann Brothers, even Iceland. Not to mention the overwhelming amount of news you get fed daily about the effect of the crisis on the United States, which sometimes gives me the feeling that I’m actually living in an American State! Although it is probably safe to say that this feeling is not totally imaginary. On the other hand, for some reason you can feel that everyone have something to say about Dubai. They are all pundits and experts, and have the sight and the wisdom needed if they were asked to steer the city in the right direction.                                                                                                                                                                                

I can understand some of those people. It’s competition. Europe, Canada & The US started losing people to this city. Not those fat asses and useless people we used to get in the Gulf in the past, but actually people with skills, who can contribute to the place. Companies started coming here and sitting up headquarters, factories and logistic centers, as they realized that this is where growth is happening, or at least this is the closest point to where it’s happening. However, the part that I don’t understand, is how some of the city’s neighbors sound so wise and all knowing now. Everybody is cursing the boom, and everyone had anticipated at one point of time that this city is going back to the ground. Sand as it was once before. My question to those is, what is your alternative for Dubai? And if this city is going to go down, where else are you going to find a place that pays you that much and offers you this lifestyle!? Saudi? Kuwait? Oman? Jordan? Lebanon? Egypt? Or maybe the right choice is Qatar! A place where Jordanians and Egyptians are currently denied visas. A place where you still need the permission of your sponsor to go back home for a vacation!

Everyone now is critical of what Dubai did. I remember six months ago everyone was in owe, and many where envious! Now, they are like hyenas waiting to quench their thirst! Not with their success god forbids! But with the anticipated failure of others!                                                                                                                                                                                

For the good of everyone, this city should not go down. Because if it did, we will all go back to working as slaves in KSA, Kuwait & Qatar! Begging our sponsors for a holiday to spend at home. Suffering every time we want to change jobs. Living like prisoners in our homes because we don’t feel the freedom and the security we used to feel in Dubai!

But if you think about it for a while you realize that this city is not going back to the dark ages! It has the infrastructure needed for a business hub, and for a tourists’ destination. It might and actually did slow down, but as everything else, nothing lasts forever. That is why it was called a boom. They will have to adjust. The correction will take its course and things will and should pick up again. At that point of time, if any multinational thinks of establishing headquarter here, or focus on this market they will do it from Dubai. Simply because there is no other option! You may search for it as much as you want, but other than Dubai & Abu Dhabi, and I think they will do themselves a favor if they actually start giving those who lived here for 10 years or more passports or permanent visas “Something similar to a green card” because on the long run people will need more reasons to stay other than work!                                                                                                                                                                                      

I don’t see where else it can happen. Qatar? Well, maybe. But they need to start treating expats as humans more.                               

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A Hotel Review: Bab Al Shams

Bab Al Shams Desert Resort and Spa is one of the nicest properties in Dubai, Situated in the heart of the desert and designed in a traditional Arabian Fort, the Resort promises to offer the ultimate in comforts and entertainments, difficult to be found in other resorts and hotels in Dubai. It’s the perfect place for a romantic weekend or even to chill out alone and away from the city.

The resort offers a unique dining experience to its guests. It has 5 restaurants including 2 lounges and a poolside bar. The guests can enjoy a variety of tastes ranging from Arabian to International. Live bands are there accompanied with a sexy belly dancer and some folkloric dancing bands.

Kadima's Website HACKED By Gazzan!! E-War!!

The official website of the ruling Kadima party has been hacked by hackers from Gaza! The site has been down since early Friday morning and is posing a challenge to the israeli ruling party!

This probably will not have a great impact on the Israeli regime! But I think it was the smartest timing ever! Now, Kadima can not post their terrorist propaganda on their website, in the times of elections, and right after it!

Check the website:

Status Update: "The Coming Back"

I haven't been blogging for a long time now, and as you can see I'm trying to make up for the wasted days! The reason being I was really getting tired of the futile discussion about Gaza. It steps on your nerves and strains your brain cells when you see people discussing things they wouldn't have discussed had it been another country that was involved other than Israel. Back to the chicken and the egg discussion, occupation and security, Shalit and blockade!. For me the facts were clear so I decided to step down for awhile and leave the blogosphere to those who have something to do better than argue with those who don't believe in people's rights to live!

And since it's been awhile, I think it's the right time for the occasional Status Update!!.. I say occasional because it's totally random and based on my mood, which swings faster than a child's cradle!

Weather: 8.5
I can still enjoy the glorious outdoor activities which in the summer would be a dream.

Social: 7.5
Something is cooking!! but I still don't know how it'll end up!

Financial: 4
A major leakage point has been discovered and there is no sign of stopping!!

Professional: 8
Surprisingly things are going pretty well!! I hope I didn't jinx it just now.

Health: 7
Same same baba! I need to go to the dentist though.

Insomnia: 6
Still lingering at the same level as before. This is a chronic case that I have been suffering for the past 10 years, and shows no sign of letting go!

Overall: 6.9

Same score as the last time, which I remember was somewhere mid November!What I have gained in my social life and my health I paid for dearly and is balanced out by the evaporation of Money!!

It would interesting to see how the coming few months will look like!! A major change is forecasted somewhere around June!

An interesting new Gadget by Facebook (Touchgraph)

Being an engineer I can't help but to be fascianted with anything that looks like a diagram. Lines and arrows going left right and center. Circles growing bigger or smaller shifting from left to right and vise Versa!

Some smart guy came up with this idea, and I find it one of the coolest ideas any nerd has come up with. This diagram shows you your friends and the way they are interconnected, and based on their connections to each other they are clustered and color coded!! So you can easily identify those who are you college friends, school friends, colleagues, family, and even one night stands!!

In this diagram for example, you can see a name that is fighting for my place!! His circle is very close and almost as big as mine!! Can you imagine if this guy was severed from my life!! the whole network will be heavily disturbed!! :-)..

Facebook... Cool stuff!!

How the world looked at Gaza Differently


















During the past few weeks we have witnessed another episode from a non-stop series of killing and massacres Israel has orchestrated in the holy land! A land, they

claim, has been promised to them by God!! And this is basically the most basic reason why this state is on the face of the Earth. What is funnier is the fact that they are getting all support needed from all the Western, and supposedly “Secular” countries!.








                                                                                                                                                                                                                                                                                                            However, during this episode we have witnessed some changes!! Things that never really happened before! Or at least for as far as I remember. Gazing at these changes and dissecting them might come up with conflicting feeling for all parties. It can be very confusing, and probably will not help any party coming up with any conclusions, or make any prediction. Or, let’s be more specific, unpredictable predictions!! But I choose to look at the overall picture! Change is good. Why? SImply because it means things are not going the way they have always gone! And this, undoubtedly is good for us! And I can argue, for the world!                                                                                                                                                                                                                                                                                                                   For the first time the Arab Countries have publicly taken sides! Different sides that is. While the Egyptian government has shamelessly taken the side of the aggressor along with a couple of those governments, Other Arab states showed the same level of solidarity with Palestinians as always! Albeit useless and lame!                                                                                                                                                                                                                                                                                                                    Turkey, one of the biggest Muslim countries, a key player in the Middle East, and usually one with an independent decision! have criticized Israel with a new tone! Harshly, uncompromisingly and straight in the face. They refused to receive any Israeli diplomats, and on several occasions called this operation a crime and a massacre. It is important to note that Turkey has always been considered a close ally of the US, and a close ally of Israel as well.

   MR. Erdogan made his voice, and his nation’s, clearer on where he stands and walked out on Perez and Davos. He felt offended simply because Perez and Israel as usual try their best to fool people by twisting facts and reversing irreversible arguments; like who came first, the chicken or the egg? It’s obvious, you are the one who is breaking the law by occupying other people, end of story.

                                                                                                                                                     BBC, CNN and the rest were forced for the first time to extensively cover the events in Gaza and show the world the ugly face of Israel. Because the simply couldn’t avoid the fact the Aljazeera International has its reach, and people can actually watch on it what happens. So the state of denial and masking the facts had to be tuned down by these station, although they made sure every single time they show a dead body, the stick the sentence “Hamas is firing rockets”. As if Hamas and the Palestinian should have rolled down and died silently. I think Al Jazeera is doing a great job, and I always thought that somebody must do this job. Telling the story to the world, in its language that is. I personally got sick of Arabic channels telling you the same story over and over again, on every occasion and evey anniversary! WE KNOW THE STORY!! THE WORLD DOESN’T YET!.                                                                                                                                                       More and more people around the world started opening their eyes and looking at the atrocities the Israeli government is commiting in Palestine!! And it’s safe to say that the European governments can not keep ignoring their citizens for a long time, if those citizen grow sick and tired of the ever forgiving policies that their country implement towards Israel. Those demonstrations in Denmark, Norway, UK and other European countries probably didn’t help the people of Gaza that much, but it can be a good indication that there is still some goodness in this world, and that people can actually look beyond religion, ethnicity or the Holocaust Guilt to see the real and contemporary tragedies in this world.


                                                                                                                                                     Hugo Chavez and Morales. They probably have their own agenda, and they should. But they proved to me and two millions like me just how pathetic the leaders of the arab world generally are. Again, they might not be the most influential countries in the world, but how about we try to make them be. Just a theory, if Saudi, Iran, Venezuela, Libya, Algeria form some kind of coalition like the G7 for example. Don’t you think they can exert enough political pressure to do whatever they want in their regions? The answer is yes they can! But No, God forbids Saudi does such a thing! How can they ever do something useful.                                                                                                                                                   Just one more thing before I wrap up. One mindless idiot, or probably more, came out after the infamous Arab summit, which I think has been ranked top of the list on the world’s laughing stocks, and said we should not allow non-arab countries interfere with the Palestinian issue. Whisper “ Turkey and Iran “. You mindless losers, what is it that you’ve done to the Palestinians to play the role of the guardian of the Arab world and say such sickening sentence!! They are afraid of a new Ottoman empire!!. You know what, if Turkey decides to invade the Arab world, I’ll stand on the gates of Aleppo waving a Turkish flag, because we have reached a new level of mediocrity that we can actually co-habit with cockroaches!!

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Fun Facts

1- 30 years ago: The computer mouse was invented.

2- The human eye blinks an average of 4,200,000 times a year.

3- The ears of a cricket are located on the front legs, just below the knee.

4- The microwave was invented after a researcher walked by a radar tube and a chocolate bar melted in his pocket.

5- No matter its size or thickness, no piece of paper can be folded in half more than 7 times.

6- When glass breaks, the cracks move at speeds of up to 3,000 miles per hour.

7- Starfish don't have brains.

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