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DLD: Real Estate Escrow Account System For JOPs Enhances Regulatory And Supervisory Roles And Allows Owners To Easily Manage Their Projects
n 2019, the Real Estate Regulatory Agency (RERA) at Dubai Land Department (DLD) adopted and activated the bank escrow account mechanism of jointly owned properties (JOPs) using the electronic Mollak system, which constituted a quantum leap in helping JOP owners easily manage and run their projects.
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Dubai FDI Signs MoU With Israeli Manufacturers’ Association To Promotecross-Border Investment
The agreement comes on the heels of the historic Abraham Accords signed between the United Arab Emirates and Israel, and which are poised to build a long, steady partnership across sectors.
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Crypto Businesses Now Able To Set Up At DMCC In Dubai Following SCA Agreement
The agreement will see businesses dealing with crypto assets gain access to bespoke licences offered by the DMCC Crypto Centre, first-class customer service, a range of incentives, and the strong business regulatory framework developed by DMCC.
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Summary Of Weekly Real Estate Transactions For The Week Ending 18 March 2021
The real estate and properties transactions valued at 5.7 billion in total during the week ending 18 March 2021. The sum of transactions was 1,495.
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Liv. Prime Launched With Exclusive New Privileges
Liv. Prime customers will obtain full access to the Liv. banking platform comprising instant digital account opening, attractive interest rates on balances, bill splitting, goal-based savings and personal budgeting tools.
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Consumer Protection Team In Dubai Economy Meets Sales Outlets In Preparation Of Ramadan
The Consumer Protection Department in Dubai Economy has met with major sales outlets in the emirate to emphasise the importance of preparationsahead of the holy month of Ramadan.
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Dubai 2040 Urban Master Plan Is Inspired By Mohammed Bin Rashid’s Vision For Sustainable Development, Say Members Of Master Plan Higher Committee
Abdullah Al Basti, Secretary-General of The Executive Council of Dubai said: "Dubai’s ambitious vision for development strikes a balance between growth and sustainability as part of efforts to make it an integrated smart city that serves the needs of its people.
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Significant Drop In Temperatures Expected For Coming Days
The National Center of Meteorology (NCM) forecasts temperature to drop significantly especially westward, over the coming five days.
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Dubai Chamber Presents 36 Companies With CSR Label In H2-2020
Dubai Chamber of Commerce and Industry has presented 36 companies with the Dubai Chamber CSR Label for their outstanding CSR efforts in the second half of 2020.
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Summary Of Weekly Real Estate Transactions For The Week Ending 11 March 2021.
The real estate and properties transactions valued at 4.86 billion in total during the week ending 11 March 2021. The sum of transactions was 1,367.
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