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.
H.H. Sheikh Mohammed announces launch of Dubai research campus 'Nad Zabeel'
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has announced the launch of Nad Zabeel, Dubai’s future research, design, and innovation campus that aims to attract 30,000 researchers and specialists.
UAE strongly condemns attack on Qatari gas tanker in Arabian Gulf
The UAE has strongly condemned the attack targeting the Qatari-owned liquefied natural gas (LNG) tanker Al Mayeda in the Arabian Gulf.
H.H. Sheikh Khaled meets global leaders in energy, AI at Abu Dhabi's ENACT Majlis
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with global leaders in energy, technology, artificial intelligence, and investment participating in ENACT Majlis, held at the Abu Dhabi Energy Center on Sunday.
Sharjah airlifts 140 tonnes of essential aid for winter to Gaza
Sharjah Charity International (SCI) has airlifted 140 tonnes of aid to the Gaza Strip under its “Warm Winter for Gaza” campaign.
Dubai Municipality expands Al Satwa's plot regulations
Dubai Municipality has expanded plot development options in Al Satwa, permitting a wider range of residential and commercial uses in the area for property owners.
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