The registration processes start with sending details of real estate transactions to the registration trustee.
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Dubai unveils remote property registration
Dubai Land Department (DLD) has introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions for their properties remotely from …
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Abu Dhabi Wealth Fund Sees U-Shaped Global Rebound Next Year
The global economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, according to Abu Dhabi’s $220 billion wealth fund.The most likely outcome following the economic …
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Lamprell wins key EPIC contract in Sharjah
UAE-based Lamprell has been selected by Sharjah National Oil Corporation (SNOC) to undertake a medium-sized engineering, procurement, installation and commissioning (EPIC) contract associated with the …
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Abu Dhabi’s Wealth Fund Sees U-Shaped Global Rebound Next Year
The global economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, according to Abu Dhabi’s $220 billion wealth fund.
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Coronavirus: Charities provide for six Sharjah siblings who lost both parents to COVID-19
Siblings who lost both parents now have accommodation and schooling covered Sharjah: Charities have lept to the aid of six Sharjah siblings orphaned after their parents died of coronavirus within 23 …
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Dubai May Lose a Third of Hotel Jobs as Virus Devastates Tourism
Dubai’s hotel occupancy has plummeted since the outbreak of the coronavirus and about 30% of workers in the industry will probably lose their jobs, according to research firm STR Global.
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Four Dubai Startups Providing Solutions Catered To Tackling The Coronavirus Pandemic
A look at the startups under the umbrella of startup incubator in5 that have been bringing forth innovations to ensure the safety and wellbeing of people in the UAE amid efforts to curb COVID-19.
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MIDEAST STOCKS-Egyptian stocks dip on coronavirus restrictions, FAB boosts Abu Dhabi
Egyptian shares fell sharply on Wednesday amid the tightening of coronavirus restrictions, but major Gulf equity markets were higher, with Abu Dhabi’s index rising the most on the back of First Abu …
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The COVID-19 impact: Property sales in Dubai drops by about 50%
The decline in real estate values in Dubai accelerated in April while sales of apartments and villas dropped by about 50 percent due to the coronavirus pandemic. The monthly decline for residential …
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Sharjah Holding to deploy driverless car at Al Zahia community
Sharjah Holding, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, has announced a collaboration between the Al Zahia community and the Ministry of Health and …
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Is this the right time to invest in property? Experts weigh in
However, for the seasoned investor, this could be just the right time to grab some property in the UAE. Why miss a clear opportunity to come out of the pandemic with a top-tier asset bought at a heavy …
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Dubai Landlord Offers Rent Relief Due to Pandemic
ENBD REIT Plc, the real estate investment trust managed by Dubai’s biggest bank, joined efforts to offer relief to clients impacted by the coronavirus pandemic in the Middle East business hub.
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Dubai SME Allocates AED 20 Million to Guarantee Capital for SMEs Through The Fund & Beehive Partnership
Based SMEs owned or managed by an Emirati can benefit from scheme- Three-month payment holiday for SMEs to help during Covid-19 – …
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Dubai’s new malls likely to add 7.4mln sq ft retail space by end-2021
Dubai’s new major malls are expected to add more than 7.4 million square feet (sq. ft) of Gross Leasable Area (GLA) by end-2021, according to industry sources. There are eight active mall projects in …
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Dubai police test using surveillance cameras to detect coronavirus
Hoping to spot signs of the coronavirus among the public, police in Dubai are testing out the use of security cameras fitted with facial recognition software and thermal imaging technology. Thousands …
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Sharjah: 6 siblings orphaned as both parents die from COVID-19
Children aged from kindergarten to grade 10 lose mum and dad to coronavirus 23 days apart Sharjah: A Sudanese family living in Sharjah has been ripped apart after both parents died from coronavirus …
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