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.
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.
7:00am - 10:00am
Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.
10:00am - Noon
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.
