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Fanime Con descends upon downtown San Jose again and local businesses adapt
Matthew Gonzalez

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Gulf Insider
3 minutes ago
- Gulf Insider
Dubai's Ultra-Luxury Property Market Hits New Heights
Dubai's luxury real estate market continues to defy global trends, with Driven | Forbes Global Properties completing the sale of the final two penthouses at the Bulgari Lighthouse for a combined total exceeding AED282m ($77m). The deals reinforce the emirate's status as one of the world's most resilient and in-demand ultra-prime residential destinations. The first penthouse, a five-bedroom residence spanning 11,657 sq ft, was sold for AED146.6m ($40m), while the second fetched AED136.25m ($38m) —both among the highest-value apartment sales recorded in Dubai this year. Designed by acclaimed Italian architects Antonio Citterio and Patricia Viel, the Bulgari Lighthouse is located on Jumeirah Bay Island. The tower features a coral-like façade, panoramic views of the Arabian Gulf and Downtown Dubai, and interiors finished with Italian marble, hand-laid silk panelling, and warm oak accents. Each residence includes private infinity pools, double-height salons, and expansive terraces, merging resort-style luxury with urban privacy. Every detail is curated in partnership with the adjacent Bulgari Resort Dubai, offering owners hotel-level services—from private chefs and curated events, to concierge-managed experiences. The landmark sales were brokered by Lina Allaoa and Kianoush Darban, founders of The Private Collection at. Known for consistently setting area records—including the highest price per square foot and most expensive villa sale on the island—the duo has become synonymous with Dubai's high-end property elite. Lina Allaoa said: 'Dubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence'. Kianoush Darban added: 'Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai.' Their success is emblematic of the wider market. The emirate recorded AED62.4bn ($17bn) in real estate transactions in April 2025, a staggering 95 per cent increase year-on-year, driven largely by demand for trophy waterfront homes and limited-edition inventory. Analysts expect this ultra-prime momentum to continue into 2026 as supply remains tight and international capital continues to flow. Also read: Dubai Metro Blue Line To Have World's Highest Metro Station


Gulf Insider
6 minutes ago
- Gulf Insider
e& UAE Sets World Record With 600Mbps Uplink
e& UAE has set a world-record uplink speed of 600Mbps on a live 5G network, solidifying the UAE's leadership in next-generation connectivity. The record was set using FR1 band aggregation at 2100MHz and C-band, along with Uplink 3Tx (three transmit antennas), and tested on a commercial Customer Premises Equipment (CPE) device. The setup is fully compliant with 3GPP Release 17 standards, a key foundation of the 5G-Advanced technology roadmap. Abdulrahman Al Humaidan, Vice President/Fixed Access Network at e& UAE, said: 'e& UAE's world-record 600Mbps uplink speed is a strategic move forward, stimulating the global tech landscape with a new era of hyper-fast, uplink-driven digital innovation. 'This isn't just a technological breakthrough, it's a launchpad for businesses and individuals to reshape the digital world, cementing the UAE as a global tech leader.' Why Uplink Speed Matters More Than Ever While much of the early 5G focus has been on download speeds, uplink capacity is increasingly critical for modern digital applications. The 600Mbps uplink milestone opens the door to a new generation of uplink-heavy use cases, from real-time drone surveillance and smart city video analytics, to immersive cloud-hosted AR/VR, and instant 8K video uploads for content creators. Enterprises will benefit from real-time data uploads from smart factories, logistics hubs, and IoT networks—fueling AI-driven automation and predictive analytics. Content creators can instantly stream or upload ultra-HD videos to platforms like YouTube, TikTok, and Twitch. Gamers will enjoy lag-free cloud gaming, and smart homes will operate more seamlessly with rapid uploads of IoT data and high-def video. Virtual event hosts and user-generated AR experiences will become more interactive, responsive, and engaging. Built on the latest 3GPP Release 17, this deployment integrates enhanced mobile broadband (eMBB) and ultra-reliable low-latency communications (URLLC), showcasing how 5G-Advanced is evolving to meet the demands of a fully connected world. With this achievement, e& UAE has set a global benchmark for uplink performance in the FR1 spectrum, pushing the boundaries of what's possible in real-world 5G deployments. Also read: UAE: Two School Buses Crash In Sharjah; 13 Students Among 14 Injured


Gulf Insider
14 minutes ago
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Russia To Build Eight Nuclear Power Plants In Iran
It's been no secret that Russia has been getting more heavily involved in Iran's nuclear program, and interestingly at a moment Moscow has offered to mediate between Washington and Tehran on the question of uranium enrichment and a new nuclear monitoring deal. On Monday, in a surprise headline given the massive, ambitious scope, Iranian state sources have said Russia will construct eight nuclear power plants in Iran, two of which are already under construction. 'Russia is contracted to build eight nuclear power plants in Iran, including four in the southern city of Bushehr,' Ebrahim Rezaei, spokesman for the national security and foreign policy committee, announced on Monday. This marks a monumental leap forward in the Iran-Russia relationship, after the two have deepened military cooperation in relation to the Ukraine war (where Russian forces have heavily relied on Iranian Shahed drones), given that a mere several years ago, Moscow was not even ready to sell Iran nuclear fuel. But EIGHT? Some critics have denounced this as but PR nonsense and a disservice to the Iranian people, given that by some estimates Russia has already taken over a billion dollars from Iran for rebuilding just one Bushehr nuclear site with hardly any progress to show. For example, of prior problems and severe timeline setbacks one industry source described: Iran has one operating nuclear reactor, a 1,000-MW Russian-designed VVER unit at the southern port city of Bushehr, on the coast of the Persian Gulf. Two more VVER-1000 units are under construction at the site. Work on Unit 2 began in 2019, with commercial operation now expected in 2029 after earlier reports said the unit could come online last year. Iranian media reported that installation of safety equipment in Unit 2 began earlier in February, along with excavation works for the water cooling pump houses of both units. Russian state media appears to also be confirming the announcement and hugely ambitious agreement: Russia to build EIGHT nuclear power plants in Iran — Tehran's National Security spox — RT (@RT_com) June 9, 2025 According to a broader background on Iranian and Russian energy cooperation from Arms Control Association: The conclusion of an agreement in which Russia will supply Iran with nuclear fuel for a 1,000-megawatt light-water nuclear power reactor marks the latest step in a decade-long Federal Agency for Atomic Energy Director Alexander Rumyantsev announced Feb. 27 that Tehran and Moscow had finally signed off on a deal to supply fuel for the reactor near the southern Iranian city of Bushehr for a period of 10 years. Although the United States has long opposed the reactor project, the Bush administration did not publicly criticize the 1995, Russia agreed to finish the reactor project, which is widely reported to be worth about $800 million. The original German contractor abandoned the project following Iran's 1979 revolution.A final deal was delayed several times as the two sides negotiated a provision that requires Iran to return the spent reactor fuel to Russia. The arrangement was designed to reduce the risk that Iran will separate plutonium from the spent fuel. Separated plutonium can be used as fissile material in nuclear weapons. (See ACT, October 2003.)Iran does not have a known facility for reprocessing spent nuclear fuel to obtain plutonium, although Tehran has conducted related experiments. Russia and Iran have in recent years strengthened their bilateral cooperation around energy, with President Putin touting that two countries have achieved a 'comprehensive strategic partnership' which sets 'ambitious goals and outlines guidelines for deepening bilateral cooperation in the long term.' Iran is expanding its Bushehr nuclear power plant by building the second and third units of the reactor is designed in accordance with the standards of the International Atomic Energy — Press TV 🔻 (@PressTV) June 9, 2025 All of this is of course set amid the backdrop of biting US-led sanctions targeting both Russian and Iranian economies and societies. Both have relied on BRICS and non-aligned countries to meet their growing military-industrial needs. Also read: Sultan Of Oman Ratifies Visa Waiver Agreement With Russia