In a significant development for borrowers, UAE residents and businesses with loans, mortgages, and credit card obligations are seeing immediate relief. This follows the recent 0.50 per cent interest rate cut by the US Federal Reserve. The UAE Central Bank, as is customary, swiftly matched the cut. Therefore, this brings much-needed respite to individuals and companies grappling with financial obligations. For many UAE residents, the announcement means savings on their Equated Monthly Instalments (EMIs) and business loan payments. This offers relief at a time when the global economic climate has been unpredictable. The rate cut was originally expected to be…
Author: Editorial Team
Sony has officially unveiled the PlayStation 5 Pro, a more powerful and advanced iteration of its current gaming console, set to release on November 7, 2024, for AED 2,600 and bring with it a suite of significant hardware upgrades designed to push gaming experiences to new heights. Featuring a 67% larger GPU, 28% faster memory, and advanced ray tracing capabilities, this release aims to cater to gamers looking for top-tier performance. The PlayStation 5 Pro promises gaming experiences unlike any before. Mark Cerny, the lead architect of the PS5 Pro, confirmed these impressive updates during a PS5 Technical Presentation, where…
In a groundbreaking ruling that reflects Dubai’s evolving legal and financial landscape, a court has ordered an employer to pay an Employee Dues Paid in Cryptocurrency. This decision, rendered by the Dubai Courts of First Instance in case number 1739 of 2024, marks a pivotal moment in the acceptance of digital currencies within the country’s legal framework. The case arose when an employee filed a claim for arbitrary dismissal, demanding that her employer fulfill their contractual obligation to pay her wages in a combination of UAE dirhams and EcoWatt Tokens, a form of cryptocurrency. The court ruled in favor of…
Dubai’s expats are finding themselves in increasingly challenging situations. Dubai rental costs surge, making the cost of living in the city more burdensome than ever before. The most recent update to Dubai’s Rental Index has sent rents skyrocketing by as much as 15%. This forces many to reevaluate their housing choices. This has led to a noticeable trend. More tenants are opting to renew their existing leases instead of facing even steeper costs with new rental agreements. The Real Estate Regulatory Authority (RERA) updated its Rental Index earlier this year. This move has driven up rental prices significantly across the…
No matter where you are on your fitness journey, staying patient can often feel like one of the biggest challenges. The desire to fast-track your progress, to reach that finish line—whether literally or figuratively—as soon as possible is a common one. After all, who doesn’t crave the sense of accomplishment that comes with hitting new personal records or seeing tangible results in the gym? But as the saying goes, “There’s no magic pill for immediate gratification.” If achieving your fitness goals were easy, it wouldn’t be called “work.” It’s easy to feel discouraged if the results you’re after don’t appear…
Dubai’s property market has always been a key indicator of the emirate’s economic vitality. Indeed, 2025 is turning out to be a banner year. The market has seen a remarkable 30% surge in transactions during the first half of the year. This has drawn the attention of investors from around the globe. This article explores the main factors behind this unprecedented growth and its broader implications for Dubai’s economy. Factors Behind the Surge 1. Mega Projects Fueling Investor Confidence Dubai has a long history of ambitious real estate developments, and 2025 is no exception. Two landmark projects—Marsa Al Arab and…
The Star Wars universe continues to expand with the highly anticipated next episode, Star Wars Eclipse. As one of the most eagerly awaited titles in the franchise, Eclipse promises to deliver a fresh and immersive experience. It pushes the boundaries of what fans have come to expect from Star Wars games and storytelling. Developed by Quantic Dream, the studio behind critically acclaimed titles like Detroit: Become Human and Heavy Rain, Star Wars Eclipse will be a game-changer in the realm of interactive entertainment. A New Era in the Star Wars Universe Star Wars Eclipse is set during the High Republic…
If you’re on a mission to Slash Your Cholesterol in Half, the good news is that you don’t need to overhaul your life entirely. With a few strategic lifestyle adjustments, you can make a significant impact on your heart health. Here’s how to get started. 1. Revamp Your Diet with Heart-Healthy Foods Your diet is the cornerstone of cholesterol management. To make a real difference, load up on foods rich in soluble fibre, like oats, beans, and apples. These powerhouses help block cholesterol absorption in your bloodstream. And while you’re at it, cut back on saturated and trans fats—often hiding…
In recent weeks, a wave of criticism has emerged surrounding Hollywood actors Hugh Jackman and Henry Cavill, with fans accusing them of promoting unrealistic and unhealthy body standards. Both actors are renowned for their impressive physiques, often showcased in their roles as iconic superheroes—Wolverine for Jackman and Superman for Cavill. However, as more details about the rigorous and extreme training regimens these stars undergo come to light, some fans and fitness experts are voicing concerns about the impact these portrayals have on public perceptions of health and fitness. The Superhero Physique: A Double-Edged Sword Hugh Jackman and Henry Cavill have…
Xbox hardware revenue experienced a significant decline in Microsoft’s Q4, with sales down 42% year-over-year. This continues a trend seen in the previous quarters, where hardware sales dipped 31% in Q3 and 7% in Q1. While there was a slight increase of 3% in Q2 due to holiday promotions, overall hardware sales have been steadily decreasing. Broader Industry Trends The decline in Xbox hardware sales is part of a broader trend affecting the entire gaming console market. According to Circana’s recent report, Xbox, Sony, and Nintendo all reported “double-digit percentage declines” in hardware sales in May 2024, with the Nintendo…