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
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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: March 4, 2015
INTERNATIONAL. The real issue, that no one is fully prepared to address, is whether Greece's decades-long experiment with failed debt-financed socialism will be allowed to survive much longer.
date:Posted: March 4, 2015
UAE. The strong fiscal positions of most GCC sovereigns curb the need for debt or sukuk issuance to meet financing needs for infrastructure projects or deficits.
date:Posted: March 4, 2015
SAUDI ARABIA. Asset managers with best-of-breed technology able to provide sophisticated trading, risk management, portfolio accounting and reporting capabilities, set to take advantage.
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