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  • Why Wasta and the Digital Age don't mix

    Why ‘Wasta’ and the digital age don’t mix

    In an ideal world we all would hope that multinationals in the Middle East - many of which rank much higher than their local counterparts for consumer trust and positive customer perception - would hire the best person for the position.

    January 31, 2013 3:50
  • UAE Central Bank confirms no mortgage cap

    Will Mortgage caps curb speculation?

    The EBA has also told the central bank it proposes to limit mortgages extended to property speculators to 50 percent, though the details of this are still being considered.

    January 27, 2013 3:17

    “Mortgage cap would be good for the UAE in the long run”- Jones Lang Lasalle

    As the UAE Central Bank does a 180 on the mortgage cap proposal and commercial banks release a collective sigh of relief, experts say mortgage cap can help reduce speculation and bring stability into the market

    January 23, 2013 11:55
  • Serviced apartments in Dubai more popular

    A rush for Dubai’s serviced apartments

    With regional unrest, people are coming to Dubai where they might have gone to other locations in the past.

    January 23, 2013 11:39
  • UAE Central Bank confirms no mortgage cap

    Fierce protests overruled Central Bank ruling?

    A circular sent to commercial banks by the central bank late last month, and seen by Reuters, said mortgage loans for foreign individuals should not exceed 50 percent of property value for a first purchase of a home

    January 22, 2013 9:50
  • Aston Martin

    Aston Martin CEO relying on Italian cash

    "Aston Martin is not a conglomerate, which you would sell parts off and destroy it. Aston Martin is one entity. I am absolutely confident that the private investment house is very good for Aston Martin," he said.

    January 20, 2013 10:20
  • Mortgage rules in the UAE in 2013?

    Will we get new mortgage rules this year?

    "The final pieces of the new mortgage regulations are being put together. It could be ready for issue by June this year," one of the sources told Reuters, declining to be named because the information has not yet been made public.

    January 14, 2013 10:07