The Government of Dubai, acting through the department of finance, has successfully priced a $500 million bond.
The offering of the ten-year bond, which has a put option at the end of five years will yield 5.59 per cent, was very well received and was three times oversubscribed, an official statement said.

The wins in the last two ODIs may not have been enough to clinch the series but West Indies surely have gained the momentum going into the Tests against India, says explosive host batsman Darren Bravo.

Muammar Gaddafi’s regime is in direct talks with Libya’s rebels, a Russian envoy has indicated, as the strongman’s son said the way out of a months-long conflict is the staging of elections.

South African model of Indian origin Sashi Naidoo, voted the world’s sexiest woman of 2011 by 1.5 million readers of a leading men’s magazine, lives by the Gandhian motto — “Be the change you want to see in the world.”

Greek Prime Minister George Papandreou replaced his finance minister on Friday in a broad Cabinet reshuffle to counter widespread anger over tough new austerity measures essential to prevent Greece from a disastrous default.

China has issued two coins commemorating the 90th anniversary of the Communist Party of China (CPC). One coin has a face value of five yuan and the other one yuan.

Fielding has never been Indian cricket’s strong point but stand-in skipper Suresh Raina says the side competing against the West Indies right now is the best fielding unit he has been part of in the past five years.

An earthquake measuring 6.6 on the Richter scale jolted Papua New Guinea on Thursday, the US Geological Survey said.

Libyan strongman Muammar Gaddafi is ready to accept internationally supervised elections within three months, his son Seif al-Islam told an Italian newspaper on Thursday.

Shares in Tokyo Electric Power Co. Closed limit up on Wednesday, gaining 32.12 per cent in Tokyo trade with sentiment buoyed after the Japanese Government put forward a support bill, analysts said.