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Nakheel sells Mirvac stake
Dubai-based developer Nakheel has reportedly agreed to sell all of its 172 million shares in Australian real estate company Mirvac Group for A$206.4m ($171m). According to a Bloomberg report, Deutsche Bank has managed the sale of the stock at A$1.20 a share.
AME

Don`t carry your mortgage into retirement
Time was when everyone retired debt free, or at least without a mortgage. Now many people retire while still paying that monthly home-loan bill. But should you? The short answer, according to a new Bo...
Big News Network

Mobily launches roaming promotion for tourists
Etihad Etisalat (Mobily) launched a high-value roaming promotion Thursday for travelers visiting the Kingdom, according to a statement issued by the company.
Big News Network

The Increasing Popularity Of Social Media Is Making Marketing Campaigns More Effective According To Reality Digital
PRWEB ) August 23, 2009 -- Marketing campaigns that incorporate a brand focused social network are more effective due to the increasing popularity of social media according to Reality Digital, the lea...
Big News Network

China`s insurance funds investment top 120 bln yuan in July
China's insurance capital investments hit 2.45 trillion yuan (358 billion U.S. dollars) in the first seven months of this year, according to the country's insurance regulator. In July alone, the inves...
Big News Network

Public Comment: Post-Expiration Domain Name Recovery
MARINA DEL REY, CA - The Post-Expiration Domain Name Recovery Working Group that was launched following the adoption of its charter by the GNSO Council on June 24, 2009 is requesting input to inform its deliberations to answer the questions outlined below, according to the Internet Corporation for Assigned Names and Numbers (ICANN). In addition to the views on these questions, the Working Group i...
AG IP News

Julian Knight: Interest-only mortgages - they`re really not OK
Something like one in five mortgage holders in the UK are on interest-only deals, according to Moneysupermarket.com. Now that's more than I thought were on this type of mortgage. I always figured that it was one in seven or at most one in six but regardless, it's way too many. The take-up of interest-only deals was one of the most disturbing aspects of the boom. This is how it worked. Homebuyer talks to mortgage salesperson who explains that they can borrow some ridiculously high amount and still afford the repayments as long as they go for interest-only. The homebuyer is reassured that their property will be worth so much when it comes to sale time that it will dwarf any outstanding mortgage. Well, the past two years have given the lie to this.
The Independent

Dow Jones sale
DOW JONES is in discussions with potential buyers about the sale of its stock market index business, which includes the Dow Jones Industrial Average, according to the Wall Str
Scotsman

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