The ruler of the Mideast’s booming economic capital, Dubai, launched a £5bn foundation today at the Dead Sea resort of Southern Shuneh, to fund education and human development in region.

PALESTINIANS yesterday followed reports on Ariel Sharon’s condition with a mix of apprehension and glee, while some officials said they feared the dramatic events would derail January 25 parliament elections in the West Bank and Gaza.

The new A1 Grand Prix championship has postponed the forthcoming round at Sentul in Indonesia following the death of Dubai’s ruler.

Flat racing is traditionally known as the Sport of Kings, but given the success enjoyed by the ruling family of Dubai over the last 20 years it could just as accurately be described as the Sport of Sheikhs.

English jockey Richard Hills has been fined £193 (€320) in the United Arab Emirates for hitting an assistant trainer with his stick.