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
china wholesale market

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: August 31, 2015
UAE. Phidar Advisory's latest residential research note finds prices continue to decline; Key currencies are the Indian Rupee, British Pound and Pakistani Rupee; "Currency trends may help us understand and forecast local property prices," says Jesse Downs.
date:Posted: August 31, 2015
UAE. "It'll take some time before China adjusts to a more stable growth path. So, this sort of volatility will be with us for a while and perhaps worse," according to Linda Yueh, Adjunct Professor of Economics, London Business School.
date:Posted: August 30, 2015
INTERNATIONAL. Commodities have fallen to the lowest level in 16 years thereby wiping out all the gains that were made during the Chinese boom years during the first decade of this millennium.
UAE. Phidar Advisory's latest residential research note finds prices continue to decline; Key currencies are the Indian Rupee, British Pound and Pakistani Rupee; "Currency trends may help us understand and forecast local property prices," says Jesse Downs.
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