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Summary Of Weekly Real Estate Transactions For The Week Ending 17 December 2020.
The real estate and properties transactions valued at AED3.2billion in total during theweek ending 17 December 2020. The sum of transactions was 1,309.

Mohammed Bin Rashid Issues Law Regulating Timeshare Industry In Dubai
The Law, which provides a clear legal context for timeshare business activity, aims to further stimulate tourism and real estate sector growth in Dubai, encourage investments in the vacation ownership sector, provide adequate residential alternatives for tourists and visitors.

DGCX Wins ’Exchange Of The Year’ At FOW Global Investor MENA 2020
The Dubai Gold & Commodities Exchange (DGCX) has been named as ’Exchange of the Year’ at the prestigious FOW Global Investor MENA 2020 for a third year in a row.

Moro Hub Offers Managed Security Services in the Region
Moro Hub leverages next generation security monitoring platforms powered by advanced analytic capabilities, including machine learning, threat behaviour modelling and threat intelligence.

Etisalat becomes first telco in UAE to join AWS Direct Connect Service Delivery Programme
Etisalat announced it has joined the AWS Direct Connect Service Delivery Programme to offer fast, private, and secure connectivity for accessing AWS cloud services.

General Directorate Of Residency And Foreigners Affairs In Dubai Launches ALSAADA Tourist Card
The General Directorate of Residency and Foreigners Affairs in Dubai has announced the launch of the ALSAADA Tourist Card, which offers exclusive privileges, discounts, and promotions to tourists visiting Dubai during their stay in the emirate.

Dubai Internet City Launches Social Media Competition For Tech Fans
Drawing on the entrepreneurial GITEX spirit, Dubai Internet City, DIC, is inviting gaming and tech aficionados to participate in an exciting new competition - and win exciting prizes including a VIVE VR Headset or an HTC Desire 12+ smartphone.

Provis Acquires Dubai-Based Pacific Owners Association Management
Leading estate management company Provis announced the acquisition of Dubai based Pacific Owners Association Management (Pacific UAE). Approximately 6,400 units will be added to Provis’s owners association portfolio effective immediately.

Dubai Future Foundation Partners With UNESCO To Promote Futures Literacy
The Dubai Future Foundation, DFF, and UNESCO signed a partnership agreement to establish DFF-UNESCO Futures Literacy Hub, a global platform aimed at promoting futures literacy.

flydubai Launches Flights To Grozny
flydubai today announced the start of flights to Grozny, the capital of Chechnya in Russia, making it the first carrier to offer direct flights on this route from the UAE.

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