Landlords in Abu Dhabi will now be able to easily evict low-paying tenants, with the help of the new real estate legislation in Abu Dhabi, passed Wednesday.

The new law would be implemented in the UAE capital in November and the judges will determine rent disputes under the umbrella of the Ministry of Justice.

A Thai newspaper has reported that an official request to the UAE, for the return of exiled former leader Thaksin Shinawtra, was recently made by Thai authorities.

It was explained by the newspaper yesterday that a plea to UAE ambassador Mohammed Ali Ahmed Omran Al Shamri was made yesterday by Thailand's foreign minister Kasit Piromya.

Last year, Thaksin, who did a major corruption in Thailand, had run away to Dubai.

As per the survey by MasterCard Worldwide, the highest average online shopping spend in the Asia, Middle East and Africa regions was in the UAE, with residents spending an average of $1,048 in the last quarter of 2009.

Yesterday, the director-general of the Finance Ministry told any shock could be absorbed by the banks in the Banks in the UAE as they are in healthy condition to even deal with the impact of Dubai World's debt rebuilding.

Younis Al Khouri said, "The committee, which is headed by our minister, made sure that UAE banks have enough capital to absorb any shock that might come."

The UAE will also not see a federal bond issue in 2010.

The GCC (Gulf Cooperation Council) Ministerial Council once again extended its support to the sovereign right of the UAE over its three Islands occupied by Iran and UAE's rights over the territorial waters, airspace, continental shelf and exclusive economic zone of these three islands.

The Emirates Foundation for Philanthropy has awarded a grant of 150,000 AED to the Dubai Women's College (DWC) for completing its proposed project "One Book, One HCT".

American Eagle Outfitters, a retailer that specializes in clothes for teenagers, has a reason to smile as it performed very well during the quarter, posting a rise in the net profit despite a challenging period of financial crisis.