Matt's Feed
Jan 29, 2015

Laudrup eyes retirement despite Qatar success

DUBAI (Reuters) – Michael Laudrup could quit coaching in a year, with the Dane reluctant to grow old on the bench after turning 50 last June, the former Barcelona and Real Madrid playmaker told Reuters.

Laudrup enjoyed a dazzling playing career for club and country, his honours including Italy’s Serie A championship, five consecutive Spanish La Liga titles and the European Cup.

Jan 29, 2015

Soccer-Laudrup eyes retirement despite Qatar success

DUBAI, Jan 29 (Reuters) – Michael Laudrup could quit coaching in a year, with the Dane reluctant to grow old on the bench after turning 50 last June, the former Barcelona and Real Madrid playmaker told Reuters.

Laudrup enjoyed a dazzling playing career for club and country, his honours including Italy’s Serie A championship, five consecutive Spanish La Liga titles and the European Cup.

Jan 28, 2015

McIlroy seeks Dubai win as Dublin court date looms

DUBAI (Reuters) – Rory McIlroy will appear in a Dublin court next week to resolve a multi-million dollar legal battle with his former agents, yet the world number one insists he is focused on golf as he returns to competitive action at the Dubai Desert Classic on Thursday.

The Northern Irishman terminated his contract with Dublin-based Horizon Sports Management in September 2013 to form his own management company, prompting a protracted legal dispute that will be heard in a Dublin court next week.

Jan 28, 2015

Golf-McIlroy backs countryman Clarke for Ryder Cup captaincy

DUBAI, Jan 28 (Reuters) – Rory McIlroy wants fellow Northern Irishman Darren Clarke to captain Europe’s Ryder Cup team in 2016 in what is shaping up to be a battle between the former British Open champion and Spaniard Miguel Angel Jimenez.

Europe will seek a fourth successive win against the United States in Minnesota and speculation is already rife as to who will lead the defending champions.

Jan 28, 2015

Kuwaiti telecom group Zain may sell transmitter towers

DUBAI, Jan 28 (Reuters) – Kuwaiti telecom operator Zain
has appointed advisors to study the potential sale of
its transmitter towers in some of the eight markets in which it
operates, the company said on Wednesday.

Zain owns controlling stakes in mobile companies in Kuwait,
Iraq, Sudan, South Sudan, Bahrain and Jordan, plus 37 percent of
Saudi Arabia’s No.3 operator Zain Saudi, and also has
a management contract to run Lebanon’s Touch.

Jan 27, 2015

Golf-Abu Dhabi slump could have been due to complacency – Kaymer

DUBAI, Jan 27 (Reuters) – Complacency may have been the reason twice major winner Martin Kaymer blew a 10-stroke lead in the final round of this month’s Abu Dhabi Championship, the German said on Tuesday.

The U.S. Open title holder seemed unbeatable in the desert two weeks ago until a startling collapse featuring six dropped strokes in eight holes let in unheralded Frenchman Gary Stal for a maiden European Tour victory.

Jan 27, 2015

Dubai house prices to fall 10 pct in 2015 – JLL

DUBAI, Jan 27 (Reuters) – Dubai house prices will fall by up
to 10 percent in 2015 after rising almost 60 percent in two
years, with the emirate’s robust economy helping it avoid a
repeat of a crash in 2008-9 despite a slump in oil prices,
property consultants JLL said on Tuesday.

The real estate sector in Dubai, one of seven emirates in
the United Arab Emirates (UAE), has been among the most volatile
globally over the past decade as it turned from boom to bust to
boom again.

Jan 27, 2015

Golf-Clarke vying with Jimenez for captain’s role, say top duo

DUBAI, Jan 27 (Reuters) – The captain of the European side that will defend the Ryder Cup against the United States in Minnesota in 2016 will be Darren Clarke or Miguel Angel Jimenez, two stalwarts of the team said on Tuesday.

World number two Henrik Stenson and sixth-ranked Sergio Garcia both believe it will be a straight fight between the Northern Irishman and the Spaniard over who replaces 2014 skipper Paul McGinley.

Jan 26, 2015

Abu Dhabi’s Aabar gets approval to tighten grip on Arabtec

DUBAI, Jan 26 (Reuters) – A subsidiary of Aabar Investments
has received regulatory approval to buy a further 100 million
shares in Arabtec, strengthening the Abu Dhabi state-run fund’s
hold on the Dubai-listed builder, according to a bourse filing
on Monday.

Aabar’s move to raise its shareholding follows a bitter
struggle with former Arabtec chief executive Hasan Ismaik, a
Jordanian businessman who took the helm in 2013 as he built up
his own holding.

Jan 26, 2015

Kuwait’s Zain says Iraq court rejects $4.5 bln claim against firm

DUBAI, Jan 26 (Reuters) – An Iraqi court has dismissed a
$4.5 billion lawsuit against Zain over its 2007
acquisition of an Iraqi telecom operator, the Kuwaiti group said
on Monday, although the claimants can still appeal for a final
time.

Zain bought Iraqna for $1.2 billion from Orascom Telecom
in December 2007 after the Egyptian company dropped
out of the running for a long-term mobile licence in Iraq.