Dubai Real Estate Transactions Top AED 113bn in H1 of 2014

real-estate-property-dubai

Dubai Land Department ( DLD ) has announced that the total amount of Dubai real estate transactions recorded in the emirate for the first six months of 2014 exceeded AED 113 billion. A financial report issued by the Real Estate Research and Studies Department revealed that sales accounted for 54 per cent of the total […]

iWatch could be actually iTime

The never-ending rumors about Apple working on a smartwatch suddenly became a little bit more real after the company was granted patent for “wrist-worn electronic device”, called iTime. But does it mean that iTime will actually be the much-anticipated wearable, referred to by the media as iWatch? Actually, the patent can only suggest some possible […]

U.S. Commercial Real Estate Shows Promise for Foreign Investors

Charles Center South

By: Andres Szita, Cofounder and Chairman, Ethika Investments The United States commercial real estate market is rapidly rebounding after years of the recession. The unemployment rate is falling, economic growth is steadily rising and currency is stable. In fact, for foreign investors looking to maximize their return on investment, the U.S. currently offers one of […]

Microsoft Announces August Xbox Update: 3D and More

With last week’s announcement for huge layoffs and shutting down Xbox Entertainment Studios, Microsoft showed it apparently changed its philosophy. But there’s exciting news for Xbox fans – the company is improving the console’s gaming and social features. The latest update is rolling out in August and includes mobile purchase, 3D Blu-ray playback and more.

Bigger iPhone 6 Arrives on September 19

The latest buzz around the upcoming launch of new generation iPhone includes exciting rumors and predictions about its size. Apple is said to be preparing a phablet iPhone that will come in two versions – a 4.7” and a 5.5”, the biggest smartphones the company has ever made. Now, fans are told, bigger iPhone 6 […]

Dubai International Reopens after 80-Day Runway Closure

Dubai International Terminal 1

After an 80-day runway closure, Dubai International Airport reopened on Monday and is now working at its full capacity. Airlines are moving flights back to the airport, while the local Emirates is returning to its normal schedule, resuming all previously cut flights.

Internet connection speed increases worldwide, but slows in UAE

In recent years, the Internet connection speed is steadily increasing in most countries around the world. While the global average connectivity speed rose by 13% in 2013, in the United Arab Emirates it registered a decline of 27%, new report says.

Top 10 Smartest Celebrities on Social Media

the-wolf-of-wall-street

Leonardo DiCaprio isn’t just great looks and worldwide fame, but also the smartest amongst celebrities on social media. The “Wolf of Wall Street” actor ranks first in the recently published 50 Smartest Celebrities on Twitter, which puts together Wyclef Jean, Paulo Coelho and Justin Bieber’s mom.

Is Dubai One Really Shutting Down?

Amazon Fire TV HomeScreen Front

Government-owned TV channel Dubai One is planning to close production and reduce 80% of the staff, according to reports in the local media. But is Dubai One really shutting down? After being 10 years on air, the English-language channel will probably continue broadcasting, but without any of its own production.

Why Is Microsoft Cutting 18,000 Jobs

Steven Guggenheimer of Microsoft

During the last two weeks, rumors that Microsoft Corporation was planning layoffs were all around the web, but now, they turned out to be true. The tech giant announced a massive restructuring plan which will cut up to 18,000 jobs in the next six months, primarily from its phone and tablet unit. But what is […]