Dubai’s residential rental rates are expected to decrease over the next 12 months. With over 20,000 additional units planned for completion this year, prices have already started to drop. According to the latest Standard and Poor's report, with government diversity taking place over the years, Dubai’s economy is less reliant on oil. Experts predict the economy to remain stable even with the price of oil dropping.
UAE President, Italy PM discuss regional developments
United Arab Emirates President His Highness Sheikh Mohamed bin Zayed Al Nahyan spoke with Italy Prime Minister Giorgia Meloni about regional developments during a phone call.
UAE expresses solidarity over Kenya road collision
The UAE has expressed its solidarity with Kenya over the victims of a road collision in the Salama area, southeast of the capital Nairobi, which resulted in a number of deaths and injuries.
Five UAE convoys deliver 617 tonnes of aid to Gaza
Five UAE humanitarian aid convoys comprising 55 trucks and carrying 617 tonnes of humanitarian aid entered the Gaza Strip this week under Operation Chivalrous Knight 3, as part of the UAE's continued efforts to support the Palestinian people and meet their basic needs.
H.H. Sheikh Hamdan attends unveiling of UAE asteroid mission probe
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has attended the unveiling of the probe for the Emirates Mission to the Asteroid Belt.
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