Their abandoned cars are eventually sold off by the banks at weekly auctions. Those recently advertised include BMWs, Porsches and Mercedes. Simon Goldsmith, a spokesman for the British Embassy in ...

we are not in Dubai!" One of the cars appears to be a Ferrari F50, of which only 349 were ever made. One sold for more than $5.5 million in a Sotheby's auction earlier this year. Assad resigned ...

Dubai's storied boom is starting to falter as the worldwide economic woes catch up with the nation's real estate and financial services-fueled good times. Abandoned cars are beginning to pile up ...