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Summary Of Weekly Real Estate Transactions For The Week Ending 29 July 2021
The real estate and properties transactions valued at 5.4 billion in total during the week ending 29 July 2021. The sum of transactions was 1,617.

10 Reasons Your eCommerce Conversion Rate Is So Low
The Conversion rate is simply the total number of conversions divided by the total number of visitors. Do note that a low conversation rate can lead to poor performance of your eCommerce site.

Dubai Free Zones Council Explores Business Accelerator Initiatives And Startups Support
The Dubai Free Zones Council (DFZ Council) held its 18th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council.

UAE Central Bank Issues New Guidance On Anti-Money Laundering And Combatting Financing Of Terrorism
The Central Bank of the UAE (CBUAE) has issued a new Guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for its licensed financial institutions (LFIs) on the implementation of Targeted Financial Sanctions (TFS).

Dubai Economy Fines Businesses For Failure To Register Beneficial Owner Data
The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy has started imposing fines on companies in the emirate that did not register their Beneficial Owner data by the 30th of June 2021 as was required by law.

Dubai Economy Strengthens Inspections Ahead Of Eid Al Adha To Monitor Prices Of lLivestock And Salon Services
The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy has intensified inspections across markets in Dubai in view of the Eid Al Adha season to monitor prices and protect consumer rights.

New Water Connections In Dubai Double Between 2016 And 2020 Despite Covid-19 Challenges
Dubai Electricity and Water Authority (DEWA) has announced that new water connections have doubled between 2016 and 2020.

Winners For HIPA’s ’Your Pet’ Instagram Photo Contest Announced
HIPA Secretary-General, Ali bin Thalith said, "The lens has an amazing ability to capture the depths of emotions and feelings if the photographer has the skill of timing.

Dubai Investments Acquires Additional Stake In National General Insurance Company (NGI)
Dubai Investments PJSC [DIC],a leading UAE investment company listed on the Dubai Financial Market (DFM), has announced the execution of a direct deal,acquiring an additional 15.19% share of National General Insurance Company PJSC (NGI) from Emirates NBD Bank PJSC.

Dubai FDI Briefs Investors On Updates To Commercial Companies Law
The UAE Ministry of Economy launched the federal Commercial CompaniesLaw changes on the 1st of June 2021, allowing foreign investors and entrepreneurs to establish and fully own onshore companies.

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