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, Arab states condemn US ambassador remarks on Israel
The UAE has joined other Arab countries and major regional organisations in issuing a joint statement strongly condemning remarks by the US ambassador to Israel, suggesting it would be acceptable for Israel to exercise control over occupied Arab territories, including the West Bank.
RTA announces Phase II of Hessa Street Project as Phase I nears completion
Dubai’s Roads and Transport Authority (RTA) has awarded the contract for Phase II of the Hessa Street Development Project, as work continues to improve one of the city’s busiest traffic corridors.
UAE, Belgium hold third round of political consultations in Abu Dhabi
The UAE and Belgium held the third round of political consultations in Abu Dhabi, exploring avenues to further expand non-oil trade, foster private sector partnerships and enhance investment in key sectors like energy and advanced tech.
AED 100 million boost for Mother of Nation Endowment for Orphans
The Mother of the Nation Endowment for Orphans initiative has received a contribution of AED100 million from Erth Zayed Philanthropies following the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister.
UAE, Bahrain coordinate 100‑tonne Gaza aid shipment
Bahrain's Royal Humanitarian Foundation has dispatched a 100-tonne urgent relief shipment to the Gaza Strip in coordination with the UAE's Operation Chivalrous Knight 3 and the Emirates Red Crescent.
Child’s quad bike ride lands parent in legal trouble
Dubai Police have confiscated a recreational motorbike and taken legal action against a guardian after traffic patrols stopped a child riding on a public street, accompanied by another child.
UAE sends 30 tonnes of aid to drought-hit Kenya
The UAE has sent 30 tonnes of food aid to Kenya to support families hit by severe drought and worsening climate conditions.
UAE calls for end to crisis in Sudan at Quad meeting in New York
UAE's Minister of State, Sheikh Shakhboot bin Nahyan Al Nahyan, has stressed the need for a permanent ceasefire and an unconditional humanitarian truce in Sudan during the Quad meeting in New York.
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