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.
More unsettled weather expected across UAE
The National Centre of Meteorology is forecasting unsettled weather across the UAE in the coming days, starting with a noticeable drop in temperatures on Saturday, followed by brief stability before rain returns from midweek through April 1.
UAE air defences intercept 6 missiles and 9 drones on Friday
The UAE air defences have intercepted 6 ballistic missiles and 9 drones on Friday, according to a statement from the Ministry of Defence.
UAE aid convoys enter Gaza with clothes for children
UAE aid convoys have entered the Gaza Strip carrying hundreds of tonnes of clothing for children displaced by the conflict.
Rainy weather to continue across UAE until Friday night
The National Centre of Meteorology (NCM) has forecast more rain for parts of the UAE until Friday night, driven by a main weather front over the far western regions.
Dubai dispatches WHO medical aid to Lebanon through overland convoy
Dubai Humanitarian has dispatched a convoy of four trucks carrying 21.5 metric tonnes of essential medical supplies from the World Health Organisation (WHO) to support communities displaced in Lebanon.
1:00am - 3:00am
Jacob sits down with LANY for a fun, honest catch up that fans will love. 🎤
Get the latest UAE and world news from our award winning team of journalists.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
Catch the Ultimate Takeover with Jason Momoa on The Kris Fade Show. 🤩
