Real estate agents in Dubai are increasingly piloting the new direct debit system which allows them to directly debit rent from the tenant’s bank account. This will result in reduced usage of the …
UAE foreign trade achieved AED2.233 trillion in 2022 with growth rate of 17%: Mohammed bin Rashid
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of H.H. Sheikh …
UAE Economy Resilience and Recession-Proof Factors Highlighted by KhaleejReport
KhaleejReport.com, a leading online source for news and analysis about the Middle East and the world, has released a special report that sheds light on the factors behind the resilience of the UAE …
UAE Central Bank cancels licence of health insurance company for non-compliance
The company is a third-party administration service company providing medical benefit and claims administration services …
Dubai records over $381mln in realty transactions Monday
DUBAI – Dubai real estate market recorded 490 sales transactions worth AED1.17 billion, in addition to 86 mortgage deals of AED177.94 million, and 15 gift deals amounting to AED55.81 million on Monday …
UAE’s Burjeel enters Saudi Arabia market with deal for 60 clinics
Abu Dhabi healthcare provider Burjeel Holdings has signed a preliminary agreement with Saudi Arabia’s Leejam Sports Company to set up more than 60 clinics in the kingdom as part of its regional …
UAE Central Bank cancels licence of a company for not complying with guidelines
The company is a third-party administration service company providing medical benefit and claims administration services …
UAE Central Bank cancels licence of IRIS Health Services
The CBUAE, through its supervisory and regulatory mandates, works to ensure that all insurance companies and professions related to insurance companies, comply with the UAE laws …
Dubai inmates receive over $1.9mln in financial aids in 2022
Financial aid helped bail out in-debt inmates, settle inmates’ financial cases and pay off their outstanding blood money …
Dubai Inmates Receive Over AED 7 Million In Financial Aids In 2022
The Punitive and Correctional Establishments at Dubai Police, in collaboration with charitable associations in Dubai and philanthropists, provided 98 male and female inmates with AED 7,047,709 in …
Dubai Police help bail out inmate who fell into debt after losing job
The Dubai Police came to the rescue of a 31-year-old inmate who had lost his job and incurred debts after he tried to set up a business. After his divorce, he was the sole breadwinner for the family, …
Dubai: Investors fined over Dh360,000, sentenced to prison for defrauding man
The victim added that he met the second defendant who showed him documents establishing that they have helped several investors in Dubai to create and expand … He also submitted bank statements …
UAE Participates In First Sustainable Finance Working Group Meeting Within The G20 Finance Track For 2023
The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20 Finance Track for 2023, which was held for the first time under the Indian Presidency. The …
UAE participates in the first sustainable finance working group meeting within the G20 Finance Track for 2023
The meeting, which was held at Guwahati, Assam, India, sought to discuss the 2023 SFWG work plan and agree on the group’s priority areas for 2023 in line with the priorities of the Indian Presidency …
I was a Dubai doubter – but found things there to love
Long convinced that the emirate was not for her, our writer discovered five stand-out attractions that challenged her preconceptions …
First Abu Dhabi Bank hires ex-BofA executive as adviser to CEO
She will become head of the lender’s strategic client group, in addition to her role as a special adviser to Hana Al Rostamani, UAE mega-bank FAB hits record net profit of Dh13.4b in 2022; dividend …
Dubai rent direct debit is ‘more beneficial’ for expats – here’s why
to configure the rent payment schedule during the contract creation or renewal process that will facilitate recurrent payments from their bank accounts. This new feature has been designed with UAE …