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...
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...
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...
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...
US President Obama isn’t buying villa on The Palm Jumeirah yet
The rumours that say that the United States current president Barack Obama is planning to buy a villa on The Palm Jumeirah in Dubai...
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...
DED: No truth in rumours on penalising individuals and companies for...
In response to enquiries on whether individuals or companies are being penalised for negative comments or opinion on the economic situation, the Dubai Department...
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...
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...
Rumoured Justin Bieber’s stunts in Dubai can’t go unnoticed
The teen singer Justin Bieber who recently causes strong debates, enthusiasm and mania among his critics and fans managed to occupy tabloid covers once...