Tag: Real Estate

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Abu Dhabi apartment prices surge 24% year-on-year in Q3 2026, driving market growth

Real Estate Editorial Desk -
Abu Dhabi's residential real estate market experienced significant growth in the third quarter of 2026, with apartment prices surging 24% year-on-year, according to ValuStrat's latest quarterly review. This increase is more than double the 10.2% rise recorded for villas, indicating…

Fed pauses interest rate hikes ahead of midterm elections, signaling potential future increases

Real Estate Editorial Desk -
The Federal Reserve has decided to pause interest rate hikes, maintaining the federal funds rate at a range of 3.75% to 4.00%. This decision, made by the Federal Open Market Committee (FOMC) led by Chairman Kevin Warsh, comes just ahead…

Sheikh Hamdan approves $544.6 million Urban Centres Development Plan to boost Dubai’s real estate value by AED20 billion

Real Estate Editorial Desk -
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved the Urban Centres Development Plan, which involves an investment of over AED2 billion (approximately $544.6 million). This initiative aims to enhance the real estate value of…

Fed expected to maintain interest rates ahead of midterm elections

Real Estate Editorial Desk -
The Federal Reserve is expected to maintain its current interest rate range of 3.74% to 4.00% during its upcoming two-day meeting, which begins Tuesday. This decision comes just one week before the midterm elections, as financial markets indicate a 90%…

Bloom Holding wins four awards at Arabian Property Awards 2026 for Bloom Living

Business Editorial Desk -
Bloom Holding has secured four awards at the Arabian Property Awards 2026 for its Bloom Living community in Zayed City, Abu Dhabi. The accolades recognize the developer's commitment to creating high-quality, integrated living spaces that cater to the needs of…
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Flydubai extends suspension of flights to Riyadh and Abha until November 16

Business 0
Flydubai has announced the extension of its suspension of flights to Riyadh and Abha until November 16, citing ongoing concerns related to the current situation in the region. The airline has advised passengers to stay informed about their flight status…

Bomb threats lead to emergency landings and flight disruptions across Europe

World 0
A series of bomb threats targeting European passenger flights has led to emergency landings and route diversions across the continent, prompting heightened security measures. On November 5, 2026, multiple airlines reported incidents that required immediate action, including the escorting of…

Brendan Taylor scores century as Zimbabwe ends day one at 326/5 against Afghanistan

Sports 0
Brendan Taylor's remarkable century and Brian Bennett's unbeaten 71 propelled Zimbabwe to a strong position of 326/5 at the close of play on the first day of their inaugural Test against Afghanistan at Sharjah Cricket Stadium on Thursday. Taylor's performance…

Nithya Raman wins Los Angeles mayoral election, pledges to triple housing production

Real Estate 0
Nithya Raman has emerged victorious in the Los Angeles mayoral election, defeating incumbent Mayor Karen Bass. Raman's campaign focused heavily on addressing the city's housing crisis, pledging to triple annual housing production to improve affordability. This shift in leadership is…

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