One of Dubai’s most affluent communities has registered a deal worth AED 93 million. A buyer paid nearly AED 2,300 per square foot in Emirates Hills, despite a report showing Dubai’s real estate market is slowing down. Real estate investment and advisory firm JLL MENA say residential prices have dropped by 11% over the last year, and rental prices are also decreasing. The downtrend is expected to continue for the rest of the year.
Dubai opens major Al Qudra bridge to cut travel time by over 50%
Dubai’s Roads and Transport Authority (RTA) has opened a new bridge at the busy Al Qudra Road intersection, cutting journey times by more than 50 per cent and almost tripling traffic capacity on one of the city’s fastest-growing corridors.
UAE welcomes US-Iran talks in Oman
The UAE has welcomed the US-Iran talks that was mediated by Oman, affirming that it reflects ongoing efforts to advance dialogue and promote de-escalation.
UAE Floating Hospital in Al Arish admits more patients from Gaza
The UAE Floating Hospital in Egypt's Al Arish has admitted 10 more patients from the Gaza Strip over the last three days.
UAE and Gabon sign CEPA to deliver new era of bilateral ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Brice Oligui Nguema, President of Gabonese Republic, have witnessed the signing of CEPA between their two nations that will enhance trade flows and facilitate investment into key sectors.
