/
•
•
Detailed stories on technology startups, business and economic current affairs.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.

قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Eid al-Adha and the holidays are almost upon us. But there has been more than enough action in the market this week. Let’s start with real estate.
It seems Dubai’s residential property market had a better April than many expected. After a sharp contraction in March, April saw a moderation in the monthly decline in value, according to data from property consulting firm ValuStrat. Its citywide price index “declined to 224.9 points, reflecting a softer monthly drop of 1.9% following March’s sharper 5.9% contraction, while annual growth remained positive at 5.3%,” read the ValuStrat report.
Villas saw a relatively milder …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor