Emaar Properties considers cutting 250 jobsaccording media sources

Property developer Emaar Properties is considering cutting 250 jobs as the real estate sector in the emirate suffers a severe downturn, said Bloomberg. The company...

Have you heard that secondary mortgages are temporary suspended?

"Dubai Bank today suspended all approvals of mortgages for secondary market purchases. Until further notice they will only lend for off plan developments. Several...

The largest private developer may soon rebrand…

The largest non-listed private sector property developer, DAMAC, may soon treat it's self to a luxurious re-branding and logo makeover. Sources said that the cost...

A rumor that Facebook is shutting down is spreading fast on...

A ridiculous rumor that Facebook is shutting down is spreading fast on social networks. It's not clear how it started, but it's gaining a...

Rumors: Apple to launch iPad mini

A flurry of rumours have hit the web, hinting at the launch of a new miniature version of Apple’s latest slate, the iPad 3. According...

Personal loans limit may be removed soon

New rules could allow loans of up to 50 times an applicants’ monthly salary The draft of a new system for approval of personal...

iPhone 5S, iPhone 6 or iPhone Mini?

Apple released its latest and hotly anticipated smartphone, the iPhone 5, in September 2012. However, rumours of a new iPhone are already circulating on...

The number of abandoned-leased cars increased

A report in The National yesterday (10 January, 2009) said that in 2008, the number of abandoned-leased cars increased by 123 per cent and...