Dubai

Dubai (/dˈb/ doo-BY; Arabic: دبي Dubayy, Gulf pronunciation: [dʊˈbɑj]) is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. By the 1960s Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969. Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08, but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

Latest News for: Dubai legal

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Jafza and Dubai Courts Launch the 1st Virtual Court in the Middle East to Handle ...

MENA FN 27 Sep 2021
(MENAFN - Dubai PR Network) The initiative will facilitate smooth handling of labour cases, enhancing the free zone's legal system Dubai, UAE, 27,�September 2021. � As part of its ... ....
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UAE: Who are the legal heirs if one dies without making a will?

Khaleej Times 26 Sep 2021
I have been working in a Dubai-based firm for the last 35 years ... In Dubai, I have some investments, a car and, of course, my gratuity ... You may approach a legal counsel in the UAE and the Personal Status Court in Dubai for further advice on this matter ... news@khaleejtimes.com or send them to Legal View, Khaleej Times, PO Box 11243, Dubai....
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Jafza, Dubai Courts launch first virtual court in Middle East to handle labour litigation

Urdu Point 26 Sep 2021
The court is equipped with a live broadcast system linked to the Dubai Courts, maintained under the highest levels of electronic security ... The new system also ensures comprehensive access to services and prompt legal justice, in line with Dubai Courts’ vision to become a pioneering and internationally distinguished court."....
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Jafza , Dubai Courts launch first virtual court in Mideast

Gulf Daily News 26 Sep 2021
It is equipped with everything required for the litigation process, similar to traditional courthouses in Dubai Courts’ headquarters ... "This achievement would not have been possible without the unlimited support from Dubai Courts, which is a pioneer in the digital transformation of the legal sector....
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Can I stay in family-only building after sending family home?

Khaleej Times 26 Sep 2021
Find out whether you can avoid eviction in special cases. Question. I am a resident of Sharjah and had to send my wife and children back home due to an emergency ... Answer ... ALSO READ. ... Dubai ... He is qualified to practise law in Dubai, the United Kingdom and India ... news@khaleejtimes.com or send them to Legal View, Khaleej Times, PO Box 11243, Dubai. ....
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Amid China's crackdown on crypto, here's how to trade Bitcoin and Ethereum

The Economic Times 26 Sep 2021
... an infrastructure which would facilitate the BTC as legal tender....
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Amid China's crackdown on crypto, here's how to trade in Bitcoin and Ethereum

The Economic Times 26 Sep 2021
... an infrastructure which would facilitate the BTC as legal tender....
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Cryptocurrency trading becomes legal in Dubai

Cryptopolitan 23 Sep 2021
Cryptocurrency trading becomes legal in Dubai after SCA, DWTCA agreement.Dubai steadily becoming a crypt-friendly hub.UAE becoming a world leader in global blockchain adoption. Authorities in the United Arab Emirates (UAE) have approved for cryptocurrency trading to have legal backing in the economic free zone in Dubai....
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United Arab Emirates regulators allow cryptocurrency trading

Cryptopolitan 23 Sep 2021
The financial authorities of the United Arab Emirates have agreed to legalize crypto trading in the nation. This activity will be allowed within the Dubai World Trade Centre Authority free zone.It has also been agreed that the Securities and Commodities Authority will be responsible for the trading activities and technicalities....
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MIDEAST STOCKS Most Gulf bourses claw back; Saudi extends losses

Reuters 22 Sep 2021
Dubai's main share index (.DFMGI) added 0.2%, supported by a 0.7% rise in Emirates NBD Bank (ENBD.DU) and a 2.6% leap in Emaar Development (EMAARDEV.DU). Dubai said on Monday it was establishing a new Integrated Economic Zones Authority that will act as an independent legal entity with financial and administrative autonomy....
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MIDEAST STOCKS Most Gulf bourses claw back in early trade

Reuters 22 Sep 2021
Dubai's main share index (.DFMGI) increased 0.2%, supported by a 1.1% increase in Emirates NBD Bank (ENBD.DU) and a 2.2% leap in budget airliner Air Arabia (AIRA.DU). Dubai said on Monday it was establishing a new Integrated Economic Zones Authority that will act as an independent legal entity with financial and administrative autonomy ... .......
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Dubai to create integrated economic zones authority

Gulf Daily News 21 Sep 2021
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has issued Law No. (16) of 2021 creating the Dubai Integrated Economic Zones Authority, an independent legal entity with financial and autonomy ... Economic activity regulated by the Authority generates 5 percent of Dubai’s GDP....
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MIDEAST STOCKS Most Gulf indexes extend losses in line with Asian stocks

Reuters 21 Sep 2021
Dubai's main share index (.DFMGI) declined 0.7%, weighed down by a 1.2% fall in blue-chip developer Emaar Properties (EMAR.DU) and a 0.7% drop in Emirates NBD Bank (ENBD.DU) ... More than 5,000 international firms will operate under the Dubai Integrated Economic Zones Authority....
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