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.
H.H. Sheikh Hamdan forms Supervisory Committee of 'Rashid Villages' initiative
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has issued a decision to form the Supervisory Committee of the ‘Rashid Villages’ initiative.
UAE, Brazil Presidents discuss bilateral ties, strategic partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Brazilian President Luiz Inácio Lula da Silva have discussed ways to strengthen cooperation across a wide range of sectors under the two nations’ strategic partnership.
UAE field hospital in Gaza hosts WHO delegation
The UAE field hospital in Gaza has received a delegation from the World Health Organisation to review the medical services being provided to Palestinian patients.
UAE activates new system to end monopoly on medical products
The Emirates Drug Establishment (EDE) has activated a new mechanism aimed at ending monopolies on medical products in the UAE.
