As part of its ongoing efforts to improve the quality and speed of services and enhance customer satisfaction, the Ministry of Finance (MoF) launched the updated version of the e-refund system for service fees and transactions
Emirates NBD has reported that contactless payments now make up 84 per cent of all face-to-face card payment transactions, as consumers and merchants have increasingly preferred to use touch-free technologies to stay safe.
Dubai Customs completed 5 million transactions in Q1 this year, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed.
The first half of 2022 has concluded on a strong note for the Dubai property market as it recorded 43.2k transactions worth Dhs115 billion.
The Ministry of Economy (MoE) and the Ministry of Justice (MoJ), in partnership with the UAE Financial Intelligence Unit (FIU), have announced the introduction of new reporting requirements
The Dubai Marina area saw the highest number of transactions, with 7,968 transactions, followed by Business Bay (5,687), Al Thanyah Fifth (5,092), Al Barsha South Fourth (4,813), Hadaeq Sheikh Mohammed Bin Rashid (4,352), Burj Khalifa (4,279), Wadi Al Safa 5 (3,536), Al Hebiah Fourth (3,261), Al Merkadh (3,150), and Palm Jumeirah (2,803).
A total 2,135 real estate transactions worth Dhs8.2 billion in total were conducted during the week ending 1st April, 2022, according to figures released by the Dubai Land Department. A total of 247 plots were sold for Dhs1.45 billion,
The Emirate of Sharjah completed real estate transactions totalling Dhs2 billion during August 2022, according to the monthly report published by Sharjah Real Estate Registration Department (SRERD).
The real estate and properties transactions valued at Dhs6.7 billion in total during the week. The sum of transactions was 2,423. 213 plots were sold for Dhs1.03 billion,