Dubai's diamond trade, mainly driven by India, Belgium and Hong Kong, in value terms fell by 13 per cent to $18 billion in 2009 due to lower rates of the precious stone
Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.
A single burger served up in Dubai during a charity auction has fetched Rs 4.4 lakh ($7,000), breaking the record for highest price paid for the fast food.