The Federal Office for Identification, Citizenship, Customs and Port Security (ICP) has stressed the need for customers to replace or update their identity cards upon marriage, since the wife's surname for some citizens living in the UAE changes after marriage. If the wife's surname has not...

The Ministry of Economy (MoE) and the Ministry of Justice (MoJ), in partnership with the UAE Financial Intelligence Unit (FIU), announced the introduction of new reporting requirements aimed at certain real estate transactions conducted in the UAE. The UAE is one of the first countries...

According to the report, the Dubai real estate market has recently shown strong growth, as the emirate ranked 4th in the world in terms of the growth in the cost of luxury housing in the first half of 2022. Prices for luxury real estate in Dubai increased by 4.7% during the first half...

Net income for first half of the year also surged more than 50% year-on-year Al Yah satellite communications company in Abu Dhabi (Yahsat) reported strong performance for the first half of the year since the beginning of the year: net profit increased by 50.7% year-on-year (YoY) to 167...

The sales included villas and apartments worth $164.04mln DUBAI - 376 purchase and sale transactions worth 897.38 million dirhams were registered on the Dubai real estate market on Monday, in addition to 122 mortgage transactions worth 704.22 million dirhams and 13 gift transactions...

Around $1trln in wealth, family businesses in region likely to be transferred to next generation within a decade Dubai International Financial Center (DIFC) is going to open a new center for global and regional family businesses, ultra-high net worth individuals (UHNWI) and private...

Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording an increase in visitor numbers of more than 183% compared to 2.52 million tourists visiting Dubai during the same period in 2021, according to the latest Dubai Department of Economy and...

Islamic Insurer seeks to write off accumulated loss The Board of the Dubai Islamic Arab Insurance Company (Salama) recommended reducing the capital by 398 million dirhams ($108 million) to write off accumulated losses. The share capital after the reduction will be US$ 790 million...

The works include the construction of bridges with a length of 2 km, the expansion of the Ras al-Khor road from three to four lanes in each direction and the construction of two-lane service roads on both sides DUBAI - Dubai’s Roads and Transport Authority (RTA) has announced that the...

According to the latest data from the Dubai Department of Economy and Tourism (DET), Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording an increase in the number of visitors by more than 183% compared to 2.52 million tourists who visited Dubai...