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Question: We have rented a villa in Dubai for six years, always paid the rent on time and maintained it well. Our landlord has issued an eviction notice that will take effect nine months into our tenancy, claiming that he…
OSAKA (Kyodo) — Panasonic Holdings Corp. posted Thursday a record net profit of 443.99 billion yen ($2.85 billion) for the business year ended March, jumping 67.2 percent from the previous year, helped by U.S. subsidies for battery production for electric…
In late 2020, Mohammed Alnamara, the founder of Namara Properties, a construction and real estate company based in the UAE, observed a key trend among his employees. They were borrowing money to pay bills every month, even for Dubai Electricity…
Dubai is home to the Middle East’s highest concentration of resident millionaires at 72,500 and ranked as the 21st wealthiest city in the world, a report has found. The city has recorded a 78 per cent growth in its millionaire…
Oil prices gave up gains on Friday and posted a weekly loss on fuel demand concerns and prospects of higher-for-longer interest rates. Brent, the benchmark for two thirds of the world’s oil, shed 0.85 per cent to settle at $82.96…