Scalloped Hammerhead Sharks are among the most difficult species to be featured in aquariums, and they are now at Dubai Aquarium & Underwater Zoo. The captivating Scalloped Hammerheads, named so for the hammer-like projection on its head bearing their eyes and nostrils at the tips of each extension, are the latest addition to the shark family at Dubai Aquarium & Underwater Zoo.

The arrival of the Scalloped Hammerheads follows committed efforts by the team at Dubai Aquarium & Underwater Zoo to bring more awareness and popularity for sharks in general through public display and interaction. Mr Damian Prendergast, General Manager, Dubai Aquarium & Underwater Zoo, said: “The addition of the Scalloped Hammerheads follows over two years of dedicated work by the staff. There are very few Scalloped Hammerheads on display anywhere in the world and are considered to be one of the most fascinating of all sharks’ species.”
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Dubai Metro set a new record on May 2, with more than 100,000 passengers travelling in Metro in one day. This figure was revealed by the Roads and Transport Authority (RTA). A total of 100,368 passengers made a journey on the network on May 2, 2010. Some 83,832 passengers used the metro the on May 1.This is the most number of figures in a single day to date.
This trend reflects the huge public uptake of the Dubai Metro. Ramadan Abdullah, director of the RTA’s Rail Operation Department, said metro passengers were taking safety instructions seriously. “These include complying with the safety guidelines made to streamline the using of the service and stations, attending to the directions given by the station employees during the peak hours to avoid thronging the platforms during the boarding and alighting process or when the service hours are changed, and ensuring that the balance is topped up when multiple journeys are made,” he said.

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Meteorological department predicts that conditions at sea could be rough on Friday due to light moderate showers this weekend. Similar shower was witnessed on different parts of the UAE on Wednesday. Weather forecast predicts rain in Qatar, the Arabian Gulf and along its edge with clouds moving over UAE, the western and coastal areas of the country. The meteorological department recorded partly cloudy to cloudy conditions for the entire country on Wednesday.

Light, sporadic rain was felt in different area in Al Ain, along with the Western region and UAE islands in the Arabian Gulf. Winds blowing at up to 50 kilometers per hour generated five- to six-feet-high waves off the Gulf coast and the conditions are expected to prevail through the weekend. According to the National Centre of Meteorology and Seismology, partly cloudy to cloudy weather will continue today and tomorrow, with chances of light rain. Wind speeds are expected to be moderate. But some open areas may see dusty conditions. This could reduce visibility, particularly in the interior areas. Conditions at sea will be moderate to rough tomorrow.

Coastal areas yesterday saw a low of 22 degree celsius and high of 33°C; interior areas a low of 20°C and high of 41°C; and mountainous areas a low of 16°C and high of 30°C.

Dubai Properties

Dubai World will present a proposal which will consider the long-term interests of banks, contractors and Dubai. The "fair" plan will restructure about $26 billion (Dh95.4bn) of debt as it needs creditors and contractors for the long term, chairman of the Dubai Supreme Fiscal Committee said. The restructuring proposal will be announced "very soon" and will be drawn up considering the long-term interests of the banks, contractors and Dubai.

Sheikh Ahmed bin Saeed Al Maktoum added, "At the end of the day, we need everybody, they need us also; we have projects that will be started in the near future for the long term. My focus today is to do what Dubai knows.” The emirate had given too much attention to its real estate market as prices accelerated, becoming too high over the past five years, he said adding real estate prices are now "right" for Dubai and will help attract new residents and businesses to the emirate, Sheikh Ahmed said. A new offshore oil discovery is "a plus" for Dubai, he said.

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MANAMA: The investment banking subsidiary of Saudi Arabia's Al-Rajhi Bank, Al-Rajhi Capital, and Bahrain-based global investment bank, Arcapita BankArcapita Bank, have announced the launch of a $500 million fund aimed at the regional real estate sector, the ARC Real Estate Income Fund.

The entities will seed the fund with a joint investment of $50 million and acquire investments for the fund in high-quality, income-generating real estate assets in Saudi Arabia and other GCC (Gulf Cooperation Council) nations. The focus will be on logistics warehouses, as well as healthcare and education-related assets.

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