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.
UAE announces $550 million for UN’s 2026 Global Humanitarian Overview
Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced a pledge of $550 million to support the UN’s Global Humanitarian Overview (GHO).
Over 3.5 million interactions on BRIDGE Summit's App on opening day
The BRIDGE Summit's official application has surged to the #1 Business App in the UAE within hours of launch, the global media event earning more than 3.5 million interactions on its opening day at Abu Dhabi.
Dubai launches system to expedite funeral procedures
Bereavement formalities in Dubai will be fast-tracked under a new system that will also offer mental health support to help children cope with loss of a family member, Dubai Health Authority (DHA) announced on Monday.
UAE launches AI ecosystem to support farmers through climate change
Abu Dhabi has launched an AI Ecosystem for Global Agricultural Development, with a new platform that will support farmers affected by shifting climate conditions in partnership with the Gates Foundation.
