Government
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...
Property
Shocking News: RERA cancels licences of Golden Gate project
Sunil Kumar - 0
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...
Property
Investors keep waiting for court-ordered compensations from UAE developers
Sunil Kumar - 0
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...
Business
Dubai brings in strict laws on selling and managing of ‘timeshare’ properties
Sunil Kumar - 0
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...
Property
Saudi Cabinet approves real estate, labor market strategies
Sunil Kumar - 0
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...
Real Estate
UAE, an attractive business destination
Sunil Kumar - 0
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...
Property
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...
Property
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
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,...
Property
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...
Government
Danish suspension of flights from UAE: Ministry issues clarification
Sunil Kumar - 0
In response to the latest media reports regarding the temporary Danish suspension of flights from the UAE, Faisal Lutfi, Assistant Undersecretary for Consular Affairs...
Business
UAE confirms $23 billion F-35 jets, drones deal
Sunil Kumar - 0
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...
Government
Covid-19: Dubai tightens rules for gatherings
Sunil Kumar - 0
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...
Latest News
Shehnaz Gill! These Memes Will Make You Laugh Your Lungs Out
Sunil Kumar - 0
Anything can happen on social media. People become overnight stars and some old videos turn into memes. The same thing happened when a clip...