Real estate laws in the UAE encompass a dual legal system consisting of federal laws and emirate-specific legislation. The UAE Civil Transactions Code (CTC) serves as the primary source of law for real estate transactions, covering aspects such as buying, selling, and ownership rights. Each emirate has the authority to enact its legislation to supplement […]
Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority (DIEZ), to promote cooperation and coordination between the two sides to enhance investment opportunities in Dubai’s healthcare sector, support the formation of healthcare start-ups, and develop innovative technological solutions.This aligns with the Dubai Economic Agenda D33 agenda, which […]
In Cooperation with Dubai Police, The Government of Dubai LegalAffairs Department Holds Training Workshop on the Working Mechanism for Dealing with Bounced Cheques in Government Claims 04 September 2022The Government of Dubai Legal Affairs Department, in liaison with the General Department of Human Rights, held a training workshop for a number of cadets of Dubai […]
The United Arab Emirates will install payment terminals for Russian “Mir” cards. Currently, two Russian banks are studying such a possibility. It is noted that a similar project is planned to be realized in Turkey.“We see the demand in the countries where the flow of our tourists has remained and increased. We consider the possibility […]
More than 15 Russian banks are in preliminary talks with Indian lenders to facilitate bilateral business in their respective national currencies, bypassing the established trade mechanism pegged to the U.S. dollar and working to establish a customized exchange rate reference system between the rupee and the ruble. St. Petersburg Social Commercial Bank, Zenith Bank, and […]
We provide a financial platform for private and corporate investors in the Middle East, and Gulf countries to buy and sell stocks, precious metals, currencies and other assets.We encourage innovation and take a unique approach towards each client. We implement new ideas to constantly improve customer experience by adapting and modernizing our solutions. Our development […]
Drivers continue to face increasing fuel costs, with prices up on June. UAE fuel prices are set to rise again. After an initial and significant increase in prices for petrol and diesel in March of this year, prices at the pump are set to rise further in July. With an approximate increase of 11% on […]
The UAE Committee on Fuel Prices has announced a price increase for gasoline and diesel in June 2022.The new gasoline and diesel prices will be effective at UAE petrol stations starting June 1, 2022.As of June 1, Super 98 gasoline will cost AED 4.15 per liter compared to AED 3.66 per liter in May.Special 95 […]
August and September of that year.Neither the client nor his representative were informed of how the series of transactions went.“The money was withdrawn by 49 different transfers using a phone banking app and online services, leaving only 36 dirhams in the bank account,” said Ghassan El Daye, a partner and head of litigation in the […]
Opening a branch in the UAE market has numerous benefits. For instance, a branch/office is simply an expansion of an existing business/parent company, no matter where it is located. A branch/office is a great alternative for foreign companies to expand their business into the local UAE market because it offers a number of benefits. Subsidiary […]