Dubai records $2.83bn billion in weekly real estate transactions
Dubai, UAE -- Real estate transactions valued at more than AED 10.4 billion ($2.83 billion) were recorded in Dubai during the week ending 18 Aug 2023. Of the total 3,571 transactions,120 plots were that sold for AED1.2 billion and 2,782 apartments and villas were that went for AED6.86 billion.The top...
Abu Dhabi to provide UAE nationals with 5,000 jobs in health sector
Abu Dhabi, UAE-- Some 5,000 new jobs have been opened up in the healthcare facilities by the Department of Health, Abu Dhabi under its "Tawteen" program for UAE nationals.All healthcare facilities in Abu Dhabi will provide the jobs for UAE nationals by the end of 2025.DoH called on all healthcare...Iraq customs orders enforcement of alcohol import ban
In spite of divisions over the legislation, Iraq's customs department has given orders to begin enforcing a ban on alcohol imports that became law last month. The specialist retail stores dominating alcohol sales in absence of bars or licensed restaurants however remained open for business, at least in Baghdad.Dubai records over $517 million in realty transactions
Dubai, UAE -- Dubai real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Monday, Dubai Land Department said.These included 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million, and 61 gift deals amounting to AED65.91 million.The sales included 527 villas...Dubai records over $518 million in realty transactions Monday
Dubai, UAE--Dubai recorded real estate deals worth AED2.3 billion ($518 million) on Monday, according to Dubai Land Department figures.The deals included 457 sales transactions worth AED2.02 billion, in addition to 79 mortgage deals of AED202.61 million, and 11 gift deals amounting to AED85.32 million.The sales included 407 villas and apartments...‘Rental Disputes Center provides 9 years of stability in real estate sector’
DUBAI, UAE -Â The Rental Disputes Center (RDC), the judicial arm of Dubai Land Department (DLD), was launched to achieve social and economic stability for those involved in the real estate rental sector and other relevant fields. This helped in establishing a specialized judicial system as per a streamlined mechanism.Judge...US says solar firms evading tariffs on China-made goods
Washington, United States—The US Commerce Department on Friday accused several solar companies of evading American tariffs on imports of China-made components, findings that could add to tensions between Beijing and Washington. The department has been investigating claims that certain manufacturers of solar cells and modules went around antidumping and countervailing duties...Dubai records realty transactions worth $299 million Thursday
Dubai, UAE-- Dubai real estate market recorded realty transactions worth AED1.1 billion ($299 million) on Thursday, Dubai Land Department said. The deals included 371 sales transactions worth AED825.36 million, in addition to 81 mortgage deals of AED231.57 million, and 18 gift deals amounting to AED48.1 million. The sales included 334...US justice department gets a voice in Epic battle with Apple
One year after a Californian court ruled in favor of Apple, the US justice department wants to have its say on Apple's antitrust tussle with Epic Games, which is due to be heard on appeal next month. The appeals court granted the department the right to send a representative to...Real estate deals worth $381 million recorded in Dubai Tuesday
Dubai real estate market recorded deals worth AED1.4 billion ($381 million) on Tuesday, including 387 sales transactions worth AED1.15 billion. The transactions also included 68 mortgage deals of AED149.38 million, and 85 gift deals amounting to AED140.85 million, data released by Dubai's Land Department (DLD) showed. The sales included 336...US Department of State releases 2022 Investment Climate Statements
The US Department of State released on Thursday the 2022 Investment Climate Statements, which help US companies make informed business decisions by providing up-to-date information on the investment climates of more than 160 countries and economies that are current or potential markets for American companies. The Investment Climate Statements also...ADDED grants lease contract exemption for one year to 1,200 actiivities
A total of 1,200 economic activities have been granted one-year exemption from a lease contract for work premises as a prerequisite to issuing an economic license by the Abu Dhabi Department of Economic Development (ADDED). The economic activities included in this initiative represent 29.5 percent of total economic activities licensed...Dubai records $2.36 billion in weeklong real estate transactions
Dubai has recorded 2,884 real estate and properties transactions at the value of AED8.7 billion ($2.36 billion) in total during the week ending 27 May 2022, according to Dubai Land Department (DLD). The DLD weekly report said that 297 plots were sold for AED1.59 billion, as well as 2,116 apartments...US economy adds 428,000 jobs in April: govt
The United States saw another strong month of hiring in April, with the economy adding a better-than-expected 428,000 jobs and the unemployment rate remaining at a low 3.6 percent.e-Trader licenses issued by Dubai’s BRL up 6 percent in 2021
The Business Registration and Licensing (BRL) unit of Dubai’s Department of Economy and Tourism (DET) has issued 16,409 e-Trader licenses since its launch in March of 2017 till end of 2021. The BRL sector also reported that the total number of e-Trader licenses issued in 2021 reached 6,217, a six...Dubai Land Department and three firms team up to provide real estate data
Dubai Land Department (DLD) has signed memoranda of understanding (MoUs) with three companies that specialize in providing smart and advanced real estate solutions: Bayut, DXBinteract.com, and Property Finder. Local media reports said the MoUs aim to provide Dubai’s real estate market with the best solutions that rely on data and...Abu Dhabi Department of Culture and Tourism sets $272 business license fee
In a bid to promote the growth of the tourism industry in Abu Dhabi, the emirate's Department of Culture and Tourism has set the annual tourism business license fee at AED 1,000. The department said in a statement the revised fee would be welcome news to existing license holders who...Dubai launches one-stop-shop online portal for timeshare operators
Dubai’s Department of Economy and Tourism (DET) has launched an online portal that provides a ‘One-Stop-Shop’ for timeshare operators to register and apply for permits and provide insights and guidance to customers and tourists. Local media reports said the Timeshare Portal supports the legal framework created by Dubai’s new Timeshare...Saudi Arabia gets a pat on the back from US
Saudi Arabia has received warm praise about its improved rankings on a number of global lists from the US State Department. In its recently published annual Investment Climate Statements on more than 170 countries, the US State Department highlighted the achievements made by Saudi Arabia.


















