You may reside in the property until the expiry of your tenancy contract in accordance with Article 28 of Law No. 26 of 2007 regulating the relationship between landlords and tenants in Dubai, which states, “Transferring the ownership of real property to a …
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Progression towards FinTech a promising transition: DIFC
The Dubai International Financial Centre (DIFC) is playing an integral role in establishing Dubai as a financial technology (FinTech) hub in the Middle East, Africa and South Asia (Measa) as it believes in the development of financial technology that has …
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Tesla lauds UAE’s new electric car incentive plan
Tesla general manager UAE and director of New Markets, told Gulf News in an exclusive interview that the UAE’s vision to embrace zero-emission vehicles is a pioneering path for the future not only here but across the Gulf region. “It’s good because …
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UAE launches national volunteering platform
Dubai: A newly launched “UAE Volunteers” platform will create an integrated, sustained system to promote volunteerism as one of the most important pillars of a cohesive society, it was announced on Thursday. A stronger UAE fabric is one of the national …
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McGill moms overcome visa woes, make it to their children’s graduation
Albouz wrote on Facebook after learning the news that her mother, Maha Matraji … Matraji arrived Tuesday at Trudeau airport from Abu Dhabi, just in time for the ceremony, which was yesterday. She told CBC Daybreak that she got to sit in the front …
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UAE’s tolerance can counter radical ideology: Lubna
Sharjah: The UAE’s culture of tolerance should be strengthened and spread in order to counter extremism and violence, Shaikha Lubna Al Qasimi, Minister of State for Tolerance, said on Wednesday. Speaking at the second session of the Sharjah Ramadan …
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Saudi utility Marafiq seeks adviser for deals, may consider IPO -sources
DUBAI, June 1 (Reuters) – Saudi Arabian water and power utility … Depending on the success of the deals, Marafiq might then proceed with a public share sale, they said. The IPO, which could be in 2019, could raise around 1 billion riyals ($267 million …
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Robocop joins Dubai police to fight real life crime
If the “Robocop” experiment is successful, Dubai Police says it wants the unarmed robots to make up 25 percent of its patrolling force by 2030. Clad in the colors of the Dubai Police uniform, the life-size robot, which can shake hands and perform a …
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Canadian Solar to Supply 268MW Modules to Dubai Solar Park
Canadian Solar Inc.CSIQ recently secured a module supply order from the Dubai Water and Electricity Authority (DEWA). Per the terms, the company will be the sole supplier of double-glass modules for completing the first phase of the Mohammed bin Rashid Al …
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Bluetooth 5 sets stage for future of wireless technology
Dubai: Bluetooth, a wireless technology standard for exchanging data over short distances, has improved with the 5.0 version and has set the stage for the future by enabling simple and effortless interactions across the vast range of connected devices.
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UAE climbs global competitiveness ranking
This continues to drive the economy and the improvement in government and business efficiency.” The UAE also scored another Arab world’s first. In a separate IMD report ranking countries’ digital competitiveness, the UAE has drastically improved its …
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Dubai’s agenda to be capital of Islamic economy gains pace
… noted that Dubai and the UAE are instrumental in raising awareness about the culture of Islamic economy worldwide and boosting global interest in adopting its principles. “Today, non-Muslim countries view Islamic finance, halal lifestyle and Shariah …
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Abu Dhabi residents to pay more for taxis from Thursday
Abu Dhabi: Travelling by taxi is going to cost more in the capital … and commuters who are forced to use taxis to get to and from work told Gulf News this will greatly impact their budgets. “I pay around Dh7.5 to get from my office in Al Markaziya …
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Dubai Smart City Accelerator aims to work with 40 start-ups
launched Dubai Smart City Accelerator at Dubai Technology Entrepreneur Centre (Dtec) on Wednesday. The Dubai Smart City Accelerator, which is the first of its kind in the Mena region, was set-up with Dh18.4 million investment from six strategic partners …
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UAE among top ten most competitive countries in the world
This continues to drive the economy and the improvement in government and business efficiency,” said Professor Arturo Bris, director of the IMD World Competitiveness Centre. In the region, the UAE continued to lead with the highest competitiveness score …
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Abu Dhabi index leads regional losses on selling in banks
Dubai: The Abu Dhabi index fell more than 1.5 per cent weighed by selling in First Abu Dhabi Bank and Aldar Properties. The Abu Dhabi Securities Exchange closed 1.65 per cent lower at 4,427.30. First Abu Dhabi Bank closed 3.65 per cent lower at Dh10.55 …
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Dubai property marketing permit procedures must be followed
I have a question with regards to the new law recently introduced, mandating that real estate brokers must now obtain a permit prior to advertising any property for rent or sale. Furthermore, my understanding is that the broker must submit a copy of the …
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