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.
Public Prosecution launches investigation into Fujairah crash
The UAE Public Prosecution has launched an investigation into the Fujairah traffic accident that killed 14 people and injured around 30 others on Sheikh Khalifa Road in the early hours of Thursday.
Eid Al Etihad holidays confirmed for private sector
Private sector employees in the UAE will get a two-day holiday to mark the 55th Eid Al Etihad.
Prison terms, heavy fines for those involved in Abu Dhabi hotel brawl
The Abu Dhabi Criminal Court has convicted 10 people over a brawl at a hotel, which was filmed and circulated online.
UAE President, Arab League chief discuss regional developments
The UAE and Arab League have called for stronger coordination and collective action to address regional challenges and reinforce security and stability.
Dubai Police issues over 27,000 traffic fines in October
From driving without wearing seatbelts to using mobile phones, Dubai Police released smart camera footage of traffic violators, adding that 27,756 fines were issued in October.
UAE announces Eid Al Etihad holidays for federal sector
Federal government workers in the UAE will have three days off to mark the country's 55th Eid Al Etihad.
Two fire incidents in Abu Dhabi brought under control
Authorities in Abu Dhabi have confirmed that two fire incidents in the UAE capital city have been contained, with no injuries.
Dubai introduces child protection framework for private education sector
Dubai’s Knowledge and Human Development Authority (KHDA) has introduced a child protection framework to tackle abuse, bullying and cyberbullying in private schools, early learning centres and higher education institutions.
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Pinoy Expat Corner
In the fight against cancer, how important is having a strong support system—family, friends, and the community?
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Pinoy Expat Corner
What should beginners know before getting into off-roading? What type of vehicle is ideal for off-road adventures?
