On November 2, 2011 four cities had their bids for Expo 2020 already lodged, with Dubai making the last-minute entry. The delegation from the Bureau International des Expositions visiting Dubai this February to examine the Emirate’s readiness for the largest exposition, was impressed by the infrastructure, and the level of national support. Everyone is looking forward the final assessment, but it seems Dubai’s bid has great chances to win. Read the story »
On May 13, DubaiChronicle.com published an article exploring the probability of rents in Downtown Dubai to fall during the coming summer months. A week later, the grim reality proves the analysis wrong. Rents in Downtown Dubai are falling faster than expected due to freshly released tremendous supply of new spacious units in modern and well equipped, centrally located towers. Read the story »
It is not unusual for Hollywood stars to invest in side projects. However, while...
When Hugh Jackman strides into a room, everyone takes notice. After all, it’s hard...
Diane von Furstenberg sometimes feels like a “thief” when she gets inspired...
The International Monetary Fund (IMF) launched today its Regional Economic Outlook...
A brand new theme park will soon open doors in Dubai. The facility is called IMG...
During the first quarter of 2013, Dubai Metro managed to achieve a significant increase...
The oil market is undergoing a positive “supply shock” as production...
The Central Bank of UAE has announced the introduction of the ‘Direct Debit System’...
Shares of Aldar Properties and Sorouh Real Estate surged in heavy trading yesterday,...
The use of robotics in various fields of the industry is on the rise. In addition,...
Smartphone or no smartphone, Amazon Inc. is obviously determined to increase its...
You are probably planning to stay at your cool, air-conditioned home this weekend,...
Viral pandemics occur with surprising regularity throughout world history and today...
Dubai International Financial Centre (DIFC), the financial and business hub connecting...
Eating out with small children may seem like a good idea but it can easily turn...