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Summary Of Weekly Real Estate Transactions For The Week Ending 05 August 2021. (5 August 2021)
The real estate and properties transactions valued at 7billion in total during the week ending 05 August 2021. The sum of transactions was 1,581.

RTA Grants Landmark Group Naming Rights Of Two Metro Stations (5 August 2021)
Dubai’s Roads and Transport Authority (RTA) has granted the naming rights of two metro stations, namely Al Rashdiya and Al Jaffliya, to Landmark Group.

Hamdan Bin Mohammed Issues Resolution Regulating Passenger Transport By Cars In Dubai (4 August 2021)
The move follows a review of the regulatory frameworks in place for strategic sectors in Dubai conducted with the objective of further enhancing the quality of life in the city and providing world class services.

Wellness Real Estate Gains Momentum Following COVID-19 As Vincitore Realty Builds The Region’s First Wellness Property In Dubai (4 August 2021)
The COVID-19 pandemic could potentially cost the global economy a whopping US$82 trillion over the next five years according to the World Economic Forum, thereby shifting the global focus onto the wellbeing and wellness of people.

Dubai Economy Fines 148 Businesses For Not Registering Beneficial Owner Data (3 August 2021)
The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy has imposed fines on 148 companies in the emirate that did not register their Beneficial Owner data by the 30th of June 2021 as was required by law. Violators will have to pay a fine of AED 15,000 each.

10 Reasons Your eCommerce Conversion Rate Is So Low (31 July 2021)
The Conversion rate is simply the total number of conversions divided by the total number of visitors. Do note that a low conversation rate can lead to poor performance of your eCommerce site.

Summary Of Weekly Real Estate Transactions For The Week Ending 29 July 2021 (31 July 2021)
The real estate and properties transactions valued at 5.4 billion in total during the week ending 29 July 2021. The sum of transactions was 1,617.

Dubai Free Zones Council Explores Business Accelerator Initiatives And Startups Support (28 July 2021)
The Dubai Free Zones Council (DFZ Council) held its 18th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council.

UAE Central Bank Issues New Guidance On Anti-Money Laundering And Combatting Financing Of Terrorism (27 July 2021)
The Central Bank of the UAE (CBUAE) has issued a new Guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for its licensed financial institutions (LFIs) on the implementation of Targeted Financial Sanctions (TFS).

Dubai Economy Fines Businesses For Failure To Register Beneficial Owner Data (25 July 2021)
The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy has started imposing fines on companies in the emirate that did not register their Beneficial Owner data by the 30th of June 2021 as was required by law.


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