Fluctuations of key foreign currencies are statistically linked to Dubai property prices, according to a new study. Phidar Advisory’s mid-quarter research shows a significant relationship between the Indian Rupee, British Pound and Pakistani Rupee, and the emirate’s real estate rates. The report also shows that residential prices in the third quarter continue to decline. Meanwhile in the first quarter, transaction volumes for apartments were down by 28.2%, and by 8.6% for single family homes.
UAE 'an exceptional model' in developing AI policies, says Omar Al Olama
The UAE’s proactive approach to regulating and deploying artificial intelligence was in focus at BRIDGE Summit 2025 on Wednesday, where the Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, warned that industries and nations hesitant to adopt AI risk being left behind.
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.
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.
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