Masked men steal Dh40,000 in armed raid at Dubai company



Masked raiders forced their way into a Dubai business premises and threatened a security guard at knifepoint before making off with tens of thousands of dirhams in cash, a court heard.

The Pakistani pair, aged 27 and 22, allegedly broke into the Jebel Ali building and demanded the guard tell them where the company's money was kept.

He said the armed intruders put a knife to his throat before tying him to a chair and locking him in a bathroom.

“One of them pointed a knife to my throat and threatened to kill me, demanding that I tell them where the company’s money is kept,” the guard said.

The incident took place at about 2am on March 23.

When the men failed to prize open an iron safe, they ransacked the premises, finding Dh40,000.

The pair then fled the scene, leaving the security guard tied up for several hours until he was discovered by a colleague arriving for his shift.

Police were alerted to the crime and managed to identify the suspects after combing through security footage.

More than Dh10,000 of damage was caused to the premises as a result of the break-in.

The two men were later arrested and on Monday at Dubai Criminal Court faced charges of confinement, theft and damaging property.

Both denied all the charges; the case was adjourned until September 12.

What is 'Soft Power'?

Soft power was first mentioned in 1990 by former US Defence Secretary Joseph Nye. 
He believed that there were alternative ways of cultivating support from other countries, instead of achieving goals using military strength. 
Soft power is, at its root, the ability to convince other states to do what you want without force. 
This is traditionally achieved by proving that you share morals and values.

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

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