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.
Etihad Rail Freight keeps UAE supply chains moving
Etihad Rail says its freight services across the UAE’s railway network continue to operate normally, ensuring the uninterrupted movement of goods and supporting the resilience of national supply chains.
Rain and dusty winds forecast across parts of UAE
The National Centre of Meteorology has forecast relatively unstable weather across the UAE until March 15, with a chance of rainfall over some areas, particularly western and coastal regions.
UAE intercepts 8 ballistic missiles, 26 drones on Tuesday
The UAE air defence systems intercepted 8 ballistic missiles and 26 drones on Tuesday, according to figures released by the Ministry of Defence.
NATO ambassadors to hold meeting with Gulf partners next week
Ambassadors from NATO's 32 member countries plan to meet with Gulf representatives next week to discuss the Iran war and regional tensions, three European diplomats told Reuters.
Etihad Rail says its freight services across the UAE’s railway network continue to operate normally, ensuring the uninterrupted movement of goods and supporting the resilience of national supply chains.
The National Centre of Meteorology has forecast relatively unstable weather across the UAE until March 15, with a chance of rainfall over some areas, particularly western and coastal regions.
The UAE air defence systems intercepted 8 ballistic missiles and 26 drones on Tuesday, according to figures released by the Ministry of Defence.
