A real estate developer in Abu Dhabi has been suspended for violating trade permit laws and promoting unlicensed projects, as authorities crack down on property violations to protect buyers.
Co-ownership of property in Dubai: New project to offer real estate through tokenisation
Dubai Land Department (DLD) on Wednesday said it launched the pilot phase of the ‘Real Estate Tokenisation Project’ to implement tokenisation on property title deeds to open new investment …
Weapons, war and wealth: The business of arms in the Middle East
Arms are a global business, so it’s little surprise that at the International Defense Exhibition and Conference, discerning quartermasters had a world buffet of weaponry before them, be it Brazilian …
Dubai: Will free zone firms opening offices in mainland be subject to 9% corporate tax?
Dubai government’s landmark decision to allow free zone companies to open branches in the mainland after obtaining a licence from the Department of Economy and Tourism (DET) will provide …
Brent crude flips to discount against Dubai, first time since Nov 2023, data shows
Brent crude futures flipped to a discount against Dubai swaps on Wednesday, the first time since November 2023, LSEG data showed, underscoring the strength of Middle East sour oil versus the global …
Dubai Government pilots tokenization of property deeds
In line with the Dubai Real Estate Sector Strategy 2033, the Dubai Land Department (DLD) has launched the pilot phase of the ‘Real Estate Tokenization Project for property title deeds.
SAPPHIRE opens first UAE store at City Centre Sharjah, bringing South Asian fashion to the region
Pakistan’s leading eastern wear fashion brand, SAPPHIRE, has officially opened its first store in the UAE, located at City Centre Sharjah. This milestone marks SAPPHIRE’s continued global expansion …
Heads up: This Abu Dhabi road will be closed until April 30
Abu Dhabi’s Integrated Transport Centre (ITC) has confirmed that Al Rami Street will be partially closed from March 15, with one section reopening on March 29 and the rest remaining shut until April …
Air Arabia launches new destination from Abu Dhabi
Air Arabia is no stranger to expanding its reach, with flights to hotspots like Baku, Tbilisi and Alexandria already in its line-up. With Yerevan now on the list, your options for a spontaneous …
UAE’s NymCard secures $33mln funding to drive financial innovation in MENA
The round witnessed the participation of existing investors, including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal, FJLabs, and Endeavor …
72 international experts to share thirty secrets during 3rd Sharjah Animation Conference
The industry leaders will deliver 26 workshops, 21 discussions, film screenings, and exhibitions between May 1-4` …
UAE: Real estate developer suspended for violating trade permit laws, promoting unlicensed projects
With Abu Dhabi tightening realty laws in order to protect buyers in recent times, authorities have been penalising property owners for violating laws in the emirate, whether related to neglect of …
Dubai’s Binghatti sees credit rating boost as revenue set to triple in 2025: Fitch
Fitch also assigned Binghatti a ‘stable outlook,’ reflecting confidence in the company’s sustained financial discipline and market leadership …
9 fantastic things to do in Abu Dhabi this weekend: March 21 to 23
All the fun to be had in Abu Dhabi this Ramadan… We’re well into Ramadan, with the end approaching soon, and what a month it has been, come with the promise of great fun and even greater choices in …
Abu Dhabi pupil’s award-winning medical device could improve cardiac recovery
An enterprising Abu Dhabi schoolboy has won global recognition after developing a heart monitoring tool aimed at helping ease the gruelling road to recovery for patients following cardiac surgeries.
E-commerce in the UAE grows in double digits in both FMCG and T&D sectors
The UAE’s e-commerce sector for fast-moving consumer goods (FMCG) grew at 29 per cent last year, research shows. NielsenIQ, the world’s leading consumer intelligence company, has announced a recap of …
UAE condemns terrorist assassination attempt on Somalia President
The United Arab Emirates has strongly condemned the terrorist assassination attempt on Hassan Sheikh Mohamud, President of the Federal Republic of Somalia, which resulted in several deaths and …