Rents remain stable and sales are down, according to a new Dubai property report. CBRE’s Q3 2015 figures show sales rates declining around 2% from Q2 and around 6% year-on-year. When it comes to rents the global real estate advisor reveals that average rentals, within the residential sector, remained stable although affordable locations saw some growth. Another finding from the report details how the growing resident population has driven robust growth in the Dubai retail sector.
Sheikh Mohammed honours Egyptian professor with 'Great Arab Minds' award
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has congratulated Egyptian professor Abbas El Gamal for winning the Great Arab Minds award in the field of engineering and technology.
UAE announces $550 million for UN’s 2026 Global Humanitarian Overview
Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced a pledge of $550 million to support the UN’s Global Humanitarian Overview (GHO).
UAE bans travel to Mali, urges nationals to return
The UAE has imposed a travel ban on Emiratis travelling to Mali following "concerning developments", urging those currently in the country to return at the earliest opportunity.
Rain, dusty conditions forecast across UAE from December 12
The UAE’s weather bureau has forecast chances of scattered rainfall, dusty conditions and rough seas from December 12 to December 19.
UAE continues to send aid to assist flood-hit Sri Lanka
The UAE's eight humanitarian aid aircraft has arrived at Sri Lanka's capital, Colombo, on Tuesday in efforts to support the country following deadly floods and landslides.
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