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 President wishes 'prosperity to all' in Eid greeting
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has called for "peace, stability, and prosperity to all" in a social media post to mark Eid Al Adha.
UAE President performs Eid Al Adha prayer at Sheikh Zayed Grand Mosque
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan performed the Eid Al-Adha prayer on Wednesday morning at Sheikh Zayed Grand Mosque in Abu Dhabi.
UAE, Australia discuss trade, security and stability during official visit
UAE Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy has concluded an official visit to Australia focused on strengthening economic ties, regional cooperation and security coordination between the two countries.
UN Security Council condemns drone attack on Barakah Nuclear Power Plant
The United Nations Security Council on Tuesday condemned the attack on Barakah Nuclear Plant in the United Arab Emirates, adding that it was a flagrant violation of international law that put civilian lives, infrastructure, and the environment at grave risk.
UAE President awards Irish ambassador First Class Order of Zayed II
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has awarded Elison Milton, Ireland’s Ambassador to the UAE, the First Class Order of Zayed II in recognition of her efforts in strengthening relations between the two countries during her tenure.
UAE and Russia discuss expanding strategic cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Russian First Deputy Prime Minister Denis Manturov during his working visit to the UAE on Tuesday.
Dubai to hold Eid Al-Adha prayers at 937 mosques
Dubai’s Islamic Affairs and Charitable Activities Department has completed preparations for Eid Al-Adha prayers at 937 mosques across the emirate.
Arafat Day is for 'forgiveness, mercy, faith': H.H. Sheikh Mohammed
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has shared a special message on Tuesday describing Arafat Day as the day of "forgiveness, mercy, and completion of faith".
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