Dubai Land Department (DLD) has announced plans for a real estate platform designed to cut out property management and service agents and reduce paper documents. The Real Estate Self Transaction (REST) portal will allow landlords to trade and sell their …
( read original story …)
This new hotel in Dubai is all about design
Sited in the Dubai Cultural Village, it is the first certified member … With luxury beds in each room, high-pressure rain showers, high-speed WiFi and HDTV with Google Chromecast, guests aren’t going to be left bored during their stay.
( read original story …)
Dubai gold prices fall after previous week’s rally
Dubai: Gold jewellery buyers in the UAE can still score some bargains today (Monday), with the bullion prices dipping slightly following a rally last week. The price of 24-karat gold stood at Dh157.25 per gram as of 11.30am, nearly D5 cheaper compared to …
( read original story …)
UAE gold jewellers shed their focus on 22 karats
Dubai: The UAE’s gold jewellery retailers are shedding their obsession with the 22 karat. They are working to create a new generation of shoppers — the younger ones, preferably — and the way they are doing this is through the 18k route. Their …
( read original story …)
Limited introduction expected for new UAE ownership law, says Al Mulla
chairman of Dubai law firm Baker & McKenzie. Speaking to Arabian Business, he said the new law will primarily aim to attract specific sectors such as nuclear technology. “I don’t think [the ownership law] will apply across the board to everyone …
( read original story …)
Dubai carried out a Happiness Inspection… for food
Dubai: Happiness in society can be measured in a number of ways, such as a low crime rate, a balanced work-life relationship, exercise and yes, it can also be found in safe and healthy food. In the last year, Dubai Municipality carried out a Happiness …
( read original story …)
UAE- Islamic finance gets IMF backing
(MENAFN – Khaleej Times) The Islamic banking industry is set to flourish further even in non-conventional markets as the International Monetary Fund (IMF) approved a plan to incorporate Islamic finance into its financial sector assessments of select …
( read original story …)
UAE residents becoming more financially cautious
Dubai: UAE residents are keeping better track of their money than they were four years ago, with more people being careful about budgeting and fewer living beyond their means. According to the latest Moneysmart Index launched by Abu Dhabi Islamic Bank …
( read original story …)
UAE projects pick up momentum on higher government spending
The UAE witnessed solid increase in project awards in the first quarter of 2018 denoting improving investment momentum driven by higher public spending. According to data from Meed Projects and Abu Dhabi Commercial Bank (ADCB) on project award in the GCC …
( read original story …)
Video: Why now is the right time to invest in Dubai property
Joanne Phillips, general manager of the mortgage division at Holborn Assets, says now is a great time to buy in Dubai. But she warns: “It’s a very difficult market to predict. People have been saying we’ve bottomed out for the last six months, but honestly …
( read original story …)
UAE Banks Operate 5,274 ATMs
according to UAE Central Bank statistics. On a different note, Central Bank statistics released recently on the latest financial developments in the country by the end of March indicated that the number of national banks stood at 22, with their branches …
( read original story …)
A new design-led hotel has opened in Al Jaddaf
Located in the centre of Dubai’s Cultural Village … In the rooms, you’ll find a luxury bed, walk-in high-pressure rain shower, complimentary high-speed WiFi, 49-inch HDTV and a complimentary breakfast included in the room rate.
( read original story …)
Dubai hospitals trial latest medical headband technology to cut stroke deaths
Next generation health technology is being slowly drip-fed into hospitals and clinics in Dubai to see what impact they could make to the lives of thousands of patients in the near future. A trial period for the latest intake on the Dubai Future Accelerator …
( read original story …)
Abu Dhabi’s VPS Healthcare Said to Hire Rothschild for IPO
The Abu Dhabi-based healthcare provider could sell shares as early as next year, some of the people said, asking not to be identified because the matter is private. A final decision hasn’t been made and the company may decide not to proceed with a sale …
( read original story …)
Dubai’s water, theme parks cut entry fees
Dubai: Leisure parks can be exciting for everyone … That’s about Dh600 to Dh2,520 for a family of four on a day out. The good news is that a number of amusement parks have recently slashed their door prices and UAE residents can save up to 50 per …
( read original story …)
UAE residency move ‘to help boost property sector’
The UAE cabinet, presided over by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved steps that would allow for 100 per cent ownership of UAE-based businesses by foreign investors by the end …
( read original story …)
UAE Bayut’s mother company expanding with Mubawab-Morocco
In a statement, Emerging Markets Property Group (EMPG), the parent company of UAE real estate portal Bayut.com, announced that it has acquired Morocco’s largest property portal Mubawab. Headquartered in Casablanca, Mubawab was founded in 2011 by …
( read original story …)