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.
Dubai to honour food outlets for excellence in safety, nutrition
Submissions have opened for the first edition of a major initiative to honour food establishments in Dubai for their excellence in standards for safety, nutrition, sustainability and social responsibility.
UAE stresses importance of Gaza ceasefire
The UAE has stressed the importance of working to reach a ceasefire in Gaza and avoiding the expansion of conflict in the region.
UAE, US discuss strengthening defence partnership
The UAE and the United States have discussed ways to strengthen the defence partnership between the two countries.
RTA confirms intercity bus service returns to normal
Dubai's Roads and Transport Authority (RTA) has announced that intercity bus services have returned to normal.
DXB returns to normal operations
Dubai International Airport (DXB) has confirmed its return to normal operations following overnight disruptions caused by unsettled weather conditions.
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Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
