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 sends more relief aid to flood-hit Nepal
A second UAE relief aircraft has arrived in Nepal, carrying 45 tonnes of aid for people affected by floods and landslides.
UAE denies reports Al Minhad Air Base was targeted
The UAE Ministry of Defence has denied reports that Al Minhad Air Base was targeted by missiles.
UAE and South Korea hold joint military exercise
UAE Land Forces have taken part in a military exercise in South Korea, alongside units of the Korean Army.
UAE forces intercept drone over territorial waters
The UAE Armed Forces have dealt with a drone over the country's territorial waters that came from Iran, according to the Ministry of Defence.
