Dubai to fine individuals, businesses for illegal use of Dubai brand logo
Posted: March 24, 2016 | Under: News Local

Department of Economic Development (DED) in Dubai has said that businesses and individuals who use the Dubai brand logo without official authorisation will be penalised.
Any business or individuals wishing to use the Dubai brand logo across any activity must first get approval from Dubai ...... read more

Gulf real estate investors hit by new UK residential tax
Posted: March 17, 2016 | Under: News Local

The UK government has introduced a new tax on the purchase of additional residential property, raising concerns that Middle Eastern investors could become more cautious about making multiple acquisitions in a market they have traditionally perceived as a safe haven for their cash.
In the ...... read more

Dubai’s RTA to double parking fees
Posted: March 10, 2016 | Under: News Local

Executive Council Resolution No.5 of 2016 on Public Parking Services in Dubai details the change that RTA’s director general Mattar Al Tayer said would streamline paid parking management, help solve the problem of high demand for parking spaces and encourage people to use public transport.
read more

Oil exporters to meet on March 2016 to discuss output freeze
Posted: March 9, 2016 | Under: News International

Oil prices rose above $40 a barrel, driven by anticipation that the world’s largest exporters could agree this month to freeze production and help erode the largest global build in unwanted crude in years.
Producers in and outside the Organization of the Petroleum Exporting Countries ...... read more

‘Don’t sign blank rent contracts’ – Sharjah official
Posted: March 6, 2016 | Under: News Local

A Sharjah Municipality official has warned residents against signing blank tenancy contracts, which have reportedly been exploited to dupe residents into signing higher rents than what was verbally agreed.
According to tenants, some real estate agents pressure new tenants to sign blank tenancy contracts, saying ...... read more

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