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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...

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...

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...

“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...

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...

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...

Malicious SMS rumours about short in supply of medicines and blood...

The Ministry of Health today warned members of the public against heeding malicious SMS rumours about short in supply of medicines and blood in...

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...

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...

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...