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.
H.H. Sheikh Hamdan approves second AED 1.5bn economic incentives package
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has approved an additional AED 1.5 billion support package for Dubai’s business sector.
Tow truck driver dies during unloading accident in Dubai
Dubai Police are urging recovery vehicle operators to follow strict safety procedures following the death of a tow truck driver in an unloading accident.
H.H. Sheikh Mohammed pardons 836 prisoners
As many as 836 prisoners of various nationalities will be released from Dubai's correctional facilities ahead of Eid Al Adha.
UAE aid convoy delivers over 195 tonnes of food aid to Gaza
Over 195 tonnes of food supplies have entered the Gaza Strip through 15 trucks as part of the Humaid Air Bridge campaign launched under Operation Chivalrous Knight 3.
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