Dubai's developers now have an eye on finish line

<p> Dubai: Dubai’s developers are now starting to use completion timelines as a unique selling point for off-plan projects. With demand for ready properties continuing to run high, and simultaneously depleting available stock, developers are rushing in to build new and, just as important, deliver within the shortest possible time frames.</p>.... Read more »

Posted on : 10/30/2014

Oil rises to $87 ahead of Fed statement

<p> London: Brent crude oil rose to $87 (Dh319) a barrel on Wednesday as traders anticipated that the Federal Reserve would keep US interest rates low, putting pressure on the dollar.</p>.... Read more »

Posted on : 10/30/2014

Smartphone makers aim to cash in on selfie trend

<p> Dubai: Smartphone photography is transforming this into the era of the selfie, and manufacturers are focusing on the trend to keep it up.</p>.... Read more »

Posted on : 10/30/2014

Dubai Taxi Corporation Introduces Toyota Land Cruiser to its Limousine Fleet

<p>Striving to provide bespoke services to its VIP passengers, Dubai Taxi Corporation (DTC) has signed an agreement with Al Futtaim Motors, to expand its Dubai Airport Taxi’s VIP limousine fleet with two iconic black Toyota Land Cruisers.</p>.... Read more »

Posted on : 10/30/2014

Facebook has no near-term plan to monetise WhatsApp: CEO

<p> New Delhi: Facebook Inc, which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday. Zuckerberg, who is visiting India to participate in an event to boost Internet usage, did not give details.</p>.... Read more »

Posted on : 10/9/2014

Dubai to have Dh30b worth of projects for Expo 2020

<p>Dubai: Projects worth Dh30 billion will be built across Dubai to further enhance the emirate’s infrastructure in time to host Expo 2020, a senior official announced at the Dubai International Project Management Forum in Dubai on Monday.</p>.... Read more »

Posted on : 10/9/2014

World on the brink of an oil price war

<p> London: A group of the world’s most powerful oil ministers will soon gather in Vienna to take arguably one of the most important decisions that could affect the still fragile world economy: whether to cut production of crude to defend prices at $100 (Dh367) per barrel, or keep open the spigots as winter looms among the biggest energy-consuming nations?</p>.... Read more »

Posted on : 10/5/2014

4K TVs have become affordable now, retailers say

<p> Dubai: Sales of ultra high-definition (UHD), also known as 4K, TVs are soaring as prices get aggressive and affordable for consumers.</p> <p>The 4K TVs boast a pixel format of 3840 x 2160 pixels, four times that of current 1920 x 1080p Full HD TVs, and have great clarity and depth.</p>.... Read more »

Posted on : 10/1/2014

Saudi Arabia pivots towards Asia for oil exports

<p>Asian refiners may be about to get a welcome boost from major oil producer Saudi Arabia, which is likely to keep lowering the cost of crude to the region. Saudi Aramco, the kingdom’s state oil producer, looks set to again cut the official selling prices (OSPs) for November cargoes when details are published shortly.</p>.... Read more »

Posted on : 10/1/2014

Dubai World agrees restructuring with largest creditors

<p>Dubai: Dubai World’s biggest creditors have agreed a deal with the state-owned conglomerate to renegotiate its debt repayment schedule, one of Dubai’s top government officials said on Wednesday.</p>.... Read more »

Posted on : 10/1/2014