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 President meets French counterpart in Abu Dhabi
President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Sunday welcomed France's President Emmanuel Macron, who is on a working visit to the UAE.
UAE, UNHCR sign deal to support Sudan conflict response
The UAE Aid Agency has signed a cooperation agreement with the United Nations High Commissioner for Refugees (UNHCR) to support the delivery of urgent humanitarian and relief aid to the Sudanese people impacted by the repercussions of the ongoing conflict in the country.
H.H. Sheikh Mohammed congratulates 'Great Arab Minds Economics' winner
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Sunday congratulated Professor Badi Hani on winning the Great Arab Minds 2025 Award in the Economics category.
New Dubai Trade Centre bridges slash journey times to two minutes
Dubai's Roads and Transport Authority (RTA) has opened two new bridges at Trade Centre Roundabout, cutting journey times by up to 80 per cent and easing congestion at one of the city’s busiest junctions.
