This strike follows the union’s recent gains with legal protections against artificial intelligence
entertainment2 hours ago
A slowdown in the real estate sector, which employs half of
“A slowdown in the housing market in addition to challenging macro-conditions may lead to fewer foreign workers moving to the region for job opportunities and fewer investors engaging in local investments including real estate assets,” analyst Saud Masud said in the note.
“This would likely lower net demand growth for property and may actually create incremental headwinds should there be net population outflows,” he wrote.
Excess supply in the property market was seen reaching 27 per cent — or 87,000 units — by the end of 2010, Masud wrote. UBS expects revenues for Emaar Properties in 2009 and 2010 to reach Dh20.47 billion and Dh20.66 billion respectively. Revenues for Union Properties would reach Dh4.39 billion and Dh5.42 billion respectively, the note said. “Clearly should this scenario play out there would be sustained and possibly incremental pressure on house prices,” Masud wrote.
This strike follows the union’s recent gains with legal protections against artificial intelligence
entertainment2 hours ago
The violations include using mobile phones while driving, and failure to wear seatbelts
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Hundreds of thousands of people have been displaced since the latest round of fighting began Monday, officials said, some crossing the border to Syria to flee Israeli bombing
world2 hours ago
Dubai, Abu Dhabi, and Sharjah are among the top 10 startup ecosystems in the region
business2 hours ago
Analysts expect the rally in the yellow metal to continue in the coming months
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The President reiterated that the youth of the UAE are its real wealth
uae4 hours ago
The injured personnel have received the necessary medical care
uae4 hours ago
The agreement will strengthen the economic partnership between the two nations, increase trade exchange, reduce customs violations and illicit trade, a top official said
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