Does Late Completion Result in Terminating a Sales Purchase Agreement?
Does Late Completion Result in Terminating a Sales Purchase Agreement? Read More »
Emirates ID Is Ready to Be Used as a Credit Card
It will soon be possible for users to use their Emirates ID cards for withdrawing money from ATMs and for the purpose of other financial transactions. The first practical test of Emirates ID card to be used for financial transactions has been successful. The successful test also marked a step forward in achieving financial inclusion
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Dubai Introduces Hassle-Free Licensing System to Attract Investors
In line with the Dubai Smart Government services, a system which is known as ‘120 days hassle free license’ has been introduced to be implemented from 15 May 2014. The investor may now start the business immediately and complete the rest of the licensing requirements within the next 120 days. However, government authorities are entitled
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UAE to Issue New Law to Prevent Sale of Contaminated Food
According to the new draft law (to be presented to Federal National Council for approval) UAE food operators if caught selling contaminated, fake or rotten foods could face jail sentences of up to three years and fines of up to AED 2 millions. Under the draft, all food must be registered when it arrives in
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UAE Plans New Legislation to Boost Growth of SMEs
UAE has planned a legislation aiming to boost the growth of small and medium-sized enterprises (SMEs) by requiring 10 percent of future federal government contracts to be awarded to SMEs. The government is keen to promote SMEs in order to reduce unemployment among UAE citizens and help them establish their own companies, a step towards
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New Warning to Landlords and Tenants on Sharing Accommodation
Abu Dhabi municipality has issued a fresh warning to landlords and tenants of housing units, saying it would not tolerate overcrowding of houses and other violations that threaten safety and public health. The warning, the latest in a series of notices to house users by the municipality, coincides with reports of massive offences by landlords
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New Circular Issued for Project Management in Dubai
According to a new circular issued by the Real Estate Regulatory Agency (RERA), developers in Dubai will not be allowed to manage a project if complaints of negligence or mismanagement are received against them in the first year of management itself. In such cases, the developer’s power to manage the project will be withdrawn and
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Know your Tenancy Rights and Obligations Before Renting in Dubai
After finally selecting the desirable property, tenants are so excited about their new home and usually don’t pay enough attention at what they are signing with landlords. Inquiries and questions tenancy relationship are often raised at the time of renewing the tenancy contracts. The following is a brief guide on both landlords and tenants’ rights
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Insurance Law Goes Into Effect 1st January
All expatriates living in Dubai, will have to buy health insurance coverage for their spouse and children starting next month if they have not done so already. The new Health Insurance Law will ensure that every resident of Dubai will have timely access to quality and affordable health services right here in the emirate. As
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