UAE’s Lifeline to Lebanon: 18th Aid Plane Delivers Vital Medical Supplies Amidst Crisis

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  The United Arab Emirates has dispatched its 18th aid aircraft carrying 40 tonnes of essential medical supplies to Lebanon as part of the “UAE Stands with Lebanon” campaign. This ongoing initiative, launched in early October, aims to provide critical food, medical, and shelter supplies to the Lebanese population, who continue to face severe hardships due to ongoing conflict. In close collaboration with international organizations such as the World Health Organization (WHO), the United Nations High Commissioner for Refugees (UNHCR), and the International Federation of Red Cross and Red Crescent Societies (IFRC), UAE humanitarian organizations are playing a pivotal role in delivering life-saving aid to Lebanon’s vulnerable communities. The campaign is a direct response to the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, with further guidance from His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President and Deputy Prime Minister, and under the l

Alpine Ski Chalet Prices Soar on Middle Eastern Buyer Surge

 

Middle east

A surge in buyers from the Middle East has contributed significantly to the substantial growth in the average price of Alpine ski chalets, according to the latest findings from Knight Frank's Ski Property Index. The report highlights a notable 4.4% increase in the cost of Alpine homes in the year leading up to June, marking the most robust rate of growth since 2014, excluding the pandemic-affected years.

The allure of owning a slice of the picturesque Alps has resonated strongly with Middle Eastern buyers, reshaping the landscape of the Alpine property market. The report underscores the pivotal role played by these investors in driving the overall growth in property prices.

Additionally, the limited supply of ski chalets has emerged as a key factor propelling the surge in prices. Kate Everett-Allen, Head of Global Residential Research at Knight Frank, notes that the scarcity of available properties has created a competitive market environment. This scarcity, combined with heightened demand, has catapulted the Alpine property sector to new heights.

As the Alpine region continues to attract international attention, the influx of Middle Eastern buyers exemplifies the global nature of real estate trends, transcending borders and reshaping niche markets

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