The UAE Central Bank confirmed it would do the same. We cross live to Professor Vladimir Dashkeev at Seattle University for reaction. Plus, we speak to the real estate firm selling Dubai's most expensive house - for a cool 750 million dirhams. And a chat with Redington, the technology solution provider, who have just crossed the $10 billion threshold.

Stocks surge and oil falls on preliminary peace deal and the potential Strait of Hormuz reopening
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Dubai winter rates are already going up
42:03

The conflict didn't stop Harrow International School Dubai
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