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Email this article: New proposed Dubai Investor Protection Law may undermine rights of Owners' Associations
Posted: Tue May 1, 2012 4:03 pm
UAE. The Law has many positive protections for investors, however, these are focused on addressing the balance on disclosure requirements and delivery requirements in favour of investors for off-plan property.
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UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
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