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UAE developer launches Sharjah’s first smart homes in Dhs24bn project Aljada - Dotemirates
1 week 23 hour

UAE developer launches Sharjah’s first smart homes in Dhs24bn project Aljada

UAE developer Arada has announced that it will be developing smart homes as part of its Dhs24bn megaproject in Sharjah, Aljada. Smart technologies will be incorporated into every unit in the luxury Misk Apartments buildings, it said in a statement. The Arada Smart Home system will allow buyers access to features such as remote front-door access, 24-hour video security through their mobile phones, the ability to change temperature and lighting, and manage utilities. Homeowners will also be able to enable motion sensors within their apartments, and open and close blinds and curtains with a button. Each of these features can...


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Business News

14 minute 38 second

UK inflation grows to 2.7% in August

Mubasher: The UK’s consumer price index (CPI), the measure of inflation, showed 12-month inflation rate of 2.7% in August, up from 2.5% in July. The country's CPI including owner-occupiers’ housing costs reached 2.4% last month, from 2.3% in July, data released by the Office for National Statistics (ONS) showed on Wednesday. The CPI rise was attributed to the increase in prices of recreational and cultural goods and services, transport services, and clothing. The largest downward contribution to the change of inflation came from furniture and household goods segment along with the telecommunications segment. Transport continued to make the largest upward...
14 minute 57 second

New passenger terminal at Oman’s Duqm airport begins operations

New passenger terminal at Oman’s Duqm airport begins operations Robert Anderson Monday 17 September 2018 The new passenger terminal at Oman’s Duqm International Airport has received its first after beginning operations on Monday. Terminal B officially began commercial operations at 1:30pm. An Oman Air service from Muscat, WY935, was the first flight to arrive at 2:30pm. Following this, the first flight to depart will be return service WY936 at 5:00pm, the Ministry of Transport and Communications said. A video posted on Twitter showed WY935 being greeted with a water canon salute upon arrival. وصول أولى الرحلات إلى مبنى المسافرين الجديد...
18 minute

World economy on the verge of 'major reset' –Emirates’ President

Mubasher: The new US administration's newest policies may lead the global economy to a “mini” financial crisis, Emirates’ president Tim Clark has said. The ongoing trade war between China and the US could lead to a "major reset" in the coming two or three years, he told Bloomberg. “We have some extraordinary geopolitical forces at play,” Clark noted during an aviation event. The aviation sector is now marked by tough competition, which forced US carriers to reduce the number of their routes to China and caused Chinese airlines to complain about state subsidies paid to foreign aviation companies. Commenting on...

18 minute 53 second

Uber continues talks to buy Dubai’s Careem – report

Uber continues talks to buy Dubai’s Careem – report Staff Writer Tuesday 18 September 2018 Ride hailing firm Uber is continuing talks to buy Dubai-based rival Careem in a deal that could value the firm at $2-2.5bn, according to reports. Bloomberg cited sources as confirming negotiations had continued after talks were first reported by the news service in July. Read: Uber in talks with Dubai’s Careem to merge in Middle East – report Careem’s management is said to be working to convince shareholders of the merits of the deal, although no final decision has been made. “We believe the consumer...
19 minute 53 second

Japan's C.bank maintains optimistic view on economy

Mubasher: Japan’s central bank kept its monetary policy steady on Wednesday, maintaining its optimistic view on the country’s economy, even as escalating global trade frictions clouded the outlook, according to official data. The Bank of Japan (BOJ) maintained its short-term interest rate target at -0.1% and a pledge to guide the government’s ten-year bond yields around 0%. BOJ also left unchanged a new forward guidance, which was adopted in July, that pledges to keep interest rates very low for an extended period. The decision to maintain BOJ’s interest rate targets was made by a 7-2 vote with board members Goushi...
26 minute 31 second

Platinum jewellery in the spotlight at the “70th Primetime Emmy Awards”

The traditional 70th anniversary gift is platinum, so it was no surprise to see spectacular jewelry set in platinum glistening on the red carpet at tonight’s “70th Annual Primetime Emmy Awards.” From Heidi Klum’s statement necklace to Chrissy Teigen’s drop earrings and Jessica Biel’s diamond cluster bracelet, the world’s biggest television stars accentuated their custom couture gowns with ultra-glamorous and sophisticated platinum jewelry. Drop earrings set in platinum were also a noticeable trend at the show, as seen on Emmy winner Rachel Brosnahan, Mandy Moore, and Claire Foy. Platinum Guild International is pleased to share that leading red carpet jewelry...