Tiger Woods was involved in a low speed car crash on Friday night near his Florida home.
Tiger Woods was involved in a low speed car crash on Friday night near his Florida home.

Woods withdraws from own golf tournament



THOUSAND OAKS, California // Tiger Woods withdrew from his own golf tournament yesterday, citing injuries from a car crash near his Florida home. He said he would not compete again until next year. Woods said in a statement on his Web site that his injuries prevented him from playing in the Chevron World Challenge, which he hosts annually for a small, invited field. "I am extremely disappointed that I will not be at my tournament this week," Woods said. "I am certain it will be an outstanding event and I'm very sorry that I can't be there." His decision to withdraw comes after a car crash left him with cuts and bruises when his SUV hit a fire hydrant and a tree on Friday outside his home in an exclusive, gated community near Orlando. Woods was treated and released from a hospital after the accident, and has not been seen in public since. By skipping the tournament, Woods will escape having to face TV cameras and a horde of media seeking more details about the smash up. The tournament was to be the last of the year for Woods anyway, but he did not say just when he would make his return next year. Woods released a statement on Sunday saying the accident was his fault, but he did not address any of the questions still swirling around it. He asked that it remain "a private matter", but with the Florida Highway Patrol still investigating and the media in full pursuit, Woods may not get his way. Woods hasn't answered questions from Florida troopers, either, turning them down three days in a row.

*AP

Business Insights
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  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
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Romelu Lukaku's goalscoring statistics in the Premier League 
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5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152