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UAE Central Bank fines money exchange house Dh4.8 million for violating laws
A money exchange operating in the UAE has been fined Dh4.8 million over its “weak compliance framework” to prevent money laundering and the financing of te..
Dubai’s Emaar posts 15% surge in first-half profit on higher sales
Emaar Properties, Dubai’s largest listed developer, reported a 15 per cent surge in its first-half profit amid higher property sales. Net profit for the six months to the end of June climbed to Dh4.9 …
Abu Dhabi lawyer’s licence revoked following criminal conviction
Lawyer convicted of violating ethics of legal profession and assaulting employee The Lawyers Disciplinary Board of the Abu Dhabi Judicial Department revokes the licence of a lawyer following his …
UAE: Lawyer loses licence after being convicted of assault and threatening an employee
Ruling states that such behaviour blatantly disregards the requirement of a favourable reputation, a prerequisite outlined by the legal profession’s regulations …
Dubai real estate market set to flourish as tourism surges past pre-pandemic levels
Dubai’s real estate market is poised for continued growth as the emirate celebrates a resurgent first half of 2023, with a substantial influx of 8.55 million international overnight visitors[1]. This milestone not only propels Dubai beyond pre-pandemic tourism levels but also underscores its rapid recovery as the fastest-growing global destination.
UAE Property: ‘Can my landlord raise the rent with 15 days’ notice?’
Question: I currently rent a villa in Dubai. The property manager is a large real estate company. In 2021 and 2022, there was no rent increase. This year, they are asking for a 20 per cent rent …
Navigating Technological Advancements in Modernizing the UAE’s Insurance Industry
The insurance industry has always been essential for economic stability and risk management. In recent years, the United Arab Emirates (UAE) has witnessed remarkable technological advancements that …
Dubai Customs increases services as vacation travellers return to UAE
Dubai customs has increased the number of inspectors working on shifts, deployed scanners, and advocated for the use of its proprietary app …
Dubai Customs takes steps for smooth homecoming of travellers
Dubai Customs has stepped up readiness to ensure smooth movement of homecoming passengers during the post-summer vacation period. Dubai Customs has stepped up readiness to ensure smooth movement of …
Abu Dhabi ranks first in the region for attracting the highest number of meetings organised by international associations
Abu Dhabi has ranked first in the region for attracting the highest number of in-person meetings organised by international associations in 2022.
Bald truth: Abu Dhabi stem cell treatments aim to cure hair loss
A pioneering Abu Dhabi health centre is embracing cutting-edge technology in a mission to banish baldness. Doctors at Abu Dhabi Stem Cells Centre say treatments which began at the start of the year …
Sharjah Ruler confirms free integrated treatment services for elderly
His Highness Dr Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah’s orders came in an intervention via the Sharjah Broadcasting Authority’s Direct Line.
Dubai’s Emaar second-quarter profit falls 15%
Emaar Properties , Dubai’s largest listed real estate firm, has posted a roughly 15% drop in net profit in the second quarter.
Dubai taxis record highest-ever growth of 10% in its history
Dubai’s RTA said the number of Hala Taxis arriving within 3.5 minutes of customer request, has grown to 66% in H1 2023 Dubai taxis record highest-ever growth of 10% in its history Dubai, Dubai Digital …
Al Ansari Financial Services reports 5% increase in operating income to AED 578mln in H1 2023
ROBUST GROWTH IN OPERATING INCOME – Operating Income rose 5% year on year (YoY) to AED 578 million driven by a 10.7% YoY increase in total transactions across the Group’s offerings. EBITDA HOLDS …
Sharjah Ruler: Free Integrated Treatment Services For Elderly
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, confirmed that the elderly enjoy free integrated treatment services at the University Hospital, starting …