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Dubai’s property market is beginning to show early signs of weakening nearly three weeks into the US-Israeli war on Iran, with data from analysts showing tanking transaction volumes and some real estate agents pointing to price reductions. The war, and Tehran’s strikes against Israel, US bases and Gulf states including the United Arab Emirates, have pierced Dubai’s image as a safe haven for the world’s wealthy. Real-estate transaction volumes in the UAE fell 37 per cent year-on-year in the first 12 days of March, and 49pc month-on-month, Goldman Sachs analysts estimated in a note published this week. Some properties are already being offered at big discounts, with price cuts of 12-15pc, according to some real estate agents and messages on social media that Reuters reviewed. For instance, a seller was looking for a “quick sale” for a property close to the Burj Khalifa — the world’s tallest building — a message shared by an agent read. The seller was looking for $650,000, down about 12pc from a previous pric...
Muslims in several countries are celebrating Eidul Fitr for 1447 AH, marking the end of the month of Ramazan. One of Islam’s most significant holidays, Eidul Fitr is typically celebrated by feasting and gift-giving. Dawn takes a look at some of the scenes around the world as Muslims offered Eid prayers and indulged in festivities, while those in Gaza, Lebanon and Iran observed the occasion amid Israeli bombing. Muslims offer Eidul Fitr prayers, in Skardu, Gilgit-Baltistan, on March 21, 2026. — AFP Women react as they take a selfie after attending an Eidul Fitr prayer, at the Badshahi Mosque in Lahore on March 21, 2026. — Reuters A child looks on as Muslims offer Eidul Fitr prayers, in Rawalpindi on March 21, 2026. — AFP Muslim children hug each other after offering Eidul Fitr prayers, at a mosque in Karachi on March 21, 2026. — AFP Muslims offer Eidul Fitr prayers at Alamgir Mosque (R) along the banks of the river Ganges in Varanasi on March 21, 2026. — AFP Muslims gather to offer prayers during a foggy morni...
A new study in the field of space medicine marks a number of significant contributions from physicians working to advance space exploration, highlighting the unique strengths they bring to the field. Dr Farhan M Asrar, a Canadian physician and internationally known space medicine researcher, has worked with experts and astronauts from space agencies around the world. He looks at human health in space, including deep space missions, as well as how space technology can be used to innovate health, public health and the environment on Earth. One of his most recent pieces of research, ‘From bedside to orbit: the enduring impact of physician-astronauts over six decades of space exploration’, published in the Journal of the Royal Society of Medicine, looks at the role of medical doctor in advancing space exploration. According to Dr Asrar, the work addresses two historical milestones: it has been 61 years since the first physician-astronaut — a medical doctor who became an astronaut — went to space for Russia, as we...
Wall Street ended sharply lower on Friday, with the S&P 500 closing at its lowest in six months, as the US-Israeli war against Iran entered its fourth week, deepening worries about inflation and the potential for higher interest rates. The conflict in the Middle East showed no signs of easing. The US military was deploying an amphibious assault ship with thousands of additional Marines and sailors to the Middle East, while Iran’s new supreme leader hailed Iran’s “unity” and “resistance”. “The market is finally settling into the idea that this may go on longer than initially expected, and I think that’s why markets are selling off. This conflict may go on not for just a few weeks, but maybe beyond several months,” said Jake Dollarhide, CEO of Longbow Asset Management in Tulsa, Oklahoma. Magnificent 7 companies fall Wall Street’s most valuable companies dropped, with Nvidia and Tesla losing over 3pc each. Alphabet, Meta Platforms and Microsoft were all down about 2pc. US Treasuries fell for a third session, in ...8986 items