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 announces suspension of Iranian airlines' flights
Flights operated by Iranian airlines to and from the UAE have been suspended until further notice, according to the General Civil Aviation Authority (GCAA).
Saudi Crown Prince offers condolences to H.H. Sheikh Mohammed
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, has offered his condolences to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the passing of the late Sheikh Ahmed bin Rashid Al Maktoum.
UAE to equip one million Lebanese in AI skills under new partnership
A newly launched government partnership will see the UAE share expertise to equip one million people in Lebanon with artificial intelligence skills.
10 million meals for Gaza in tribute to late Sheikh Ahmed bin Rashid
More than 10 million meals will be prepared for people in Gaza as part of a major humanitarian initiative honouring the legacy of the late Sheikh Ahmed bin Rashid Al Maktoum, who passed away earlier this week.
Flights operated by Iranian airlines to and from the UAE have been suspended until further notice, according to the General Civil Aviation Authority (GCAA).
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, has offered his condolences to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the passing of the late Sheikh Ahmed bin Rashid Al Maktoum.
A newly launched government partnership will see the UAE share expertise to equip one million people in Lebanon with artificial intelligence skills.
