INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Sharjah Executive Council discusses realty sector draft laws

Sharjah Executive Council on Wednesday discussed the draft laws related to the real estate sector in the Emirate.
  • The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of renting real estate
  • Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council chaired the meeting

Sharjah Executive Council on Wednesday discussed the draft laws related to the real estate sector in the Emirate. This included the regulation of the rental relations, a draft law on renting real estate, and a law on the establishment and organisation of a rental dispute centre.

Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council chaired the meeting. 

During the meeting, various government issues were discussed to develop the government’s workflow and advance all sectors in Sharjah.

The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of renting real estate, and a draft decision of the Executive Council regarding implementation procedures at the Rental Disputes Centre.

The Council directed, after an extensive discussion of the articles and items of draft laws and decisions, to include all the observations submitted by the members of the Executive Council and to coordinate on them to develop the best legal legislation regulating rental relations in the Emirate.