UAE's new mortgage law to be issued this year
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon July 9, 2012 10:52 am

UAE. The United Arab Emirates' new mortgage law will be issued before the end of this year, Gulf News reported today, citing an unidentified Central Bank official.

The new legislation will help solve issues between banks, developers and buyers. It will also differentiate between mortgage-to-own and mortgage-to-invest, the Dubai-based newspaper said today.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 23, 2014
UAE. Colliers' Capital Flows Quarterly Report highlights Middle East investors' appetite for alternative product including hotels and serviced apartments.
date:Posted: July 22, 2014
INTERNATIONAL. "Whether Putin is in real trouble is not something I can be certain of, but too many things have gone wrong for him lately for me not to consider the possibility. And as in any political crisis, more and more extreme options are contemplated if the situation deteriorates."
date:Posted: July 22, 2014
UAE. If Saudi Arabia was to join the MSCI Frontier Markets, it would become its first component with a weighting above 60%.
UAE. Colliers' Capital Flows Quarterly Report highlights Middle East investors' appetite for alternative product including hotels and serviced apartments.
dhgate