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.
World’s Coolest Winter campaign spotlights UAE entrepreneurs
The UAE has launched the sixth edition of its World’s Coolest Winter campaign, with this year themed 'Our Winter is Entrepreneurial'.
UAE set for second phase of single-use plastic ban
The UAE is set to significantly widen its ban on single-use plastics, with the second phase coming into effect on January 1, 2026.
Dubai tests drones to clean traffic signals
Dubai’s Roads and Transport Authority (RTA) has begun a pilot project using drones to clean traffic signals across the city.
UAE leaders hail 'enduring bonds of friendship' on Bahrain's National Day
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating Bahraini King Hamad bin Isa Al Khalifa on the country's national day, which falls on December 16.
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