Dubai’s residential rental rates are expected to decrease over the next 12 months. With over 20,000 additional units planned for completion this year, prices have already started to drop. According to the latest Standard and Poor's report, with government diversity taking place over the years, Dubai’s economy is less reliant on oil. Experts predict the economy to remain stable even with the price of oil dropping.
UAE President offers condolences to Jordanian King over church attack
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has offered his sincere condolences to Jordanian King Abdullah II bin Al Hussein in a phone call on Saturday over the victims of an attack targeting a church in Karak governorate.
UAE launches urgent earthquake relief response for Panama
The UAE has announced an urgent relief response campaign to assist those affected by the earthquake that struck various areas of Panama, causing material damage and widespread evacuations.
Ras Al Khaimah closes all beaches 'until further notice'
Ras Al Khaimah authorities have announced the closure of all beaches across the emirate until further notice.
H.H. Sheikh Hamdan names FIX's popular 'Dubai Chocolate' for Dubai-it award
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has presented the Dubai-it Award in the business category to FIX Dessert for "introducing 'Dubai Chocolate' to the world".
