Property

FNC approves draft law on regulating industrial property rights

Abu Dhabi: During the fifth session of the second ordinary term of its 17th legislative chapter, the Federal National Council (FNC) approved a draft federal law on regulating and protecting industrial property rights. The draft law aims to protect industrial...

Shocking News: RERA cancels licences of Golden Gate project

MANAMA: The Real Estate Regulatory Authority (RERA) has announced it has cancelled the licences of the Golden Gate project. In an emailed message to investors yesterday, RERA said it has decided to withdraw Golden Gate’s licences – LLC No...

Investors keep waiting for court-ordered compensations from UAE developers

Dubai: Property investors are finding that even after winning multi-million dirham compensations from Dubai courts, developers seem to be in no hurry to pay up. The issue of delayed payments has again come into focus after a court ordered a...

Dubai brings in strict laws on selling and managing of ‘timeshare’ properties

Dubai: Dubai Tourism has been mandated to develop the framework for the selling, marketing and management of properties sold under 'timeshare' programmes. As part of this, Dubai will also be listing all such residential units under such schemes as...

Saudi Cabinet approves real estate, labor market strategies

Saudi Arabia’s Cabinet, chaired by King Salman bin Abdulaziz, approved the updated comprehensive strategy of the real estate sector. It also greenlit the aviation sector and labor market strategies, Saudi Press Agency reported. The law on treatment of key financial institutions...

UAE, an attractive business destination

There are over 600 Singapore companies, operating in diversified fields, doing business in the country. MODERN and forward looking United Arab Emirates (UAE) is among Singapore's top investment destinations and a leading trading partner in West Asia. There are over...

Sharjah rent deals, drops make tenants decide to stay on despite double-digit rental drops in Dubai

Sharjah landlords move in quickly with counter offers to stop tenant migration to Dubai Dubai: Sharjah’s residents are staying put - deciding they are better off taking the “generous” offers from their current landlords rather than shift to locations in...

Expat property investor in Dubai finds spending Dh89m does not guarantee the land is his

Investor wants developer to return amount, registration fees and Dh40 million in damages Dubai: A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a bespoke villa is not enough to...

Property of the week: A Dh15.5 million oasis set within the greenery of Al Barari, Dubai

This four-bedroom home at The Nest is a sanctuary that looks out to a forest There is no doubt that the UAE is home to some spectacular properties. From penthouse apartments to plush villas with sprawling gardens and incredible pools,...

RAK ruler issues new order to help firms badly hit by Covid-19 lockdown

Sheikh Saud bin Saqr Al Qasimi announces reduced trade licence renewal fees and full exemption from fines incurred during the lockdown period Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi has issued a lifeline to certain certain commercial...

Latest News

Elon Musk announces $100 million prize for new technology

Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $100 million prize...

Danish suspension of flights from UAE: Ministry issues clarification

In response to the latest media reports regarding the temporary Danish suspension of flights from the UAE, Faisal Lutfi, Assistant Undersecretary for Consular Affairs...

UAE confirms $23 billion F-35 jets, drones deal

The UAE confirmed that it signed agreements with the United States on former President Donald Trump’s last full day in office to purchase up...

Covid-19: Dubai tightens rules for gatherings

The Dubai authorities have tightened the rules on private gatherings and social distancing at cafes and restaurants following a spike in Covid-19 cases in...

Shehnaz Gill! These Memes Will Make You Laugh Your Lungs Out

Anything can happen on social media. People become overnight stars and some old videos turn into memes. The same thing happened when a clip...