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UAE: Property Maintenance Responsibilities in Dubai
- 21.02.2024
- Posted by: Derya Bandak
- Categories: Dubai, Middle East
No CommentsReal estate maintenance responsibilities in Dubai primarily fall on the landlord for major repairs, while tenants are tasked with minor issues, guided by Law No. 26 of 2007.
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Understanding Transfer Pricing
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The introduction of transfer pricing regulations in the UAE highlights the need for companies to ensure transactions between entities are conducted at arm’s length, aiming for transparency and compliance in international business operations.
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UAE: DIFC on the rise
- 21.02.2024
- Posted by: Omar Sami
- Categories: Dubai, Middle East
The Dubai International Financial Centre (DIFC) has reported a 15% increase in job creation and a 26% year-on-year increase in active companies, with revenues and operating profits rising by 23% and 27%, respectively.
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KSA: Jeddah´s Infrastructure Fuel Foreign Investment
- 12.02.2024
- Posted by: Derya Bandak
- Category: Saudi Arabia
Jeddah Central Development Co. secures four major construction contracts worth USD 3.2 billion to enhance the city’s urban landscape, aiming to redefine Jeddah as a global leisure and cultural destination by 2027.
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UAE Launches Online Legislation Platform to Boost Legal Transparency
- 12.02.2024
- Posted by: Omar Sami
- Categories: Dubai, Middle East
The United Arab Emirates has launched a comprehensive online platform providing access to its legal documents since 1971, reflecting its commitment to legal transparency and inclusivity.
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UAE: Salaries Anticipated Growth, Skill Demands, and High-Paying Roles
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE job market in 2024 is set to experience a 4.5% increase in average salaries, with a significant demand for skills in management, leadership, and technology, highlighting the need for professionals to adapt to evolving market dynamics.
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UAE: Supreme Court Bans Compound Interest in Financial Transactions
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE Federal Supreme Court has banned compound interest in financial transactions, shifting towards simpler interest models and benefiting borrowers.
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UAE Emerges as a Global Investment Magnet According to UNCTAD Report
- 09.02.2024
- Posted by: Omar Sami
- Categories: Dubai, Middle East
The UAE has seen a significant 28% increase in new foreign investment projects in 2023, solidifying its status as a global investment hub.
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KSA: Saudi Arabia’s Off-Plan Property Revolution
- 09.02.2024
- Posted by: Derya Bandak
- Category: Saudi Arabia
Saudi Arabia is revolutionizing its real estate industry through off-plan property sales, aiming to increase homeownership rates as part of its Vision 2030 and National Transformation Program.
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28 Mar 2025 DubaiUAE Launches New Dirham Symbol and Digital Currency
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28 Mar 2025 Cyber SecurityUAE Cyber Attacks And Why Business Security Matters
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28 Mar 2025 DubaiUAE Ranks Second Safest Country Globally in 2025 Safety Index
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22 Mar 2025 DubaiUAE Ministry of Finance Establishes Regulatory Framework for e-Invoicing Service Providers
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22 Mar 2025 DubaiDubai Secures Position Among Top 5 Global Cities for Fintech