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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...

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...

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...

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...

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...

“Rumours abound and this is one of many”

Suggestions have emerged over the past few days that the United Arab Emirates carriers could be considering tighter forms of co-operation. Rumors between Emirates...

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...

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...

Who charges highest for parking in Dubai?

Not so long ago, in much happier and careless times, all over Dubai parking was free and available. But within the last few years...