Skip to content

Lebanon – Features

Dubai to issue sweeping real estate law

 Hotels of the luxury coastline of Dubai

Dubai newspapers are reporting that the local government has issued a mortgage law aimed at regulating the city-state’s booming property market.

Today’s reports in the Khaleej Times and the Gulf News say that the law requires that mortgages be insured, sold by approved banks, registered with local authorities and that they specify the property value and terms of the loan.

They say the ruler of Dubai, Sheik Mohammed bin Rashid al-Maktoum, issued the decree on the new law. It will take effect 60 days from publication.

The decree comes amid a corruption probe involving some of Dubai’s most prominent companies and growing concerns that speculators are inflating prices in the emirate’s frenzied real estate market.

MRN-SAPA

Read More »Dubai to issue sweeping real estate law

Irans nuclear theater meant to divert attention

 netanyahu
This charade was meant to distract from the nearly 600 page UN report on Gaza.
 
By Ramzy Baroud

(source: The Palestine Chronicle)

World36have taken an interesting turn recently, with the Goldstone report, which wreaked havoc in the beginning of the week being nearly completely overshadowed by Iran’s revelation of another nuclear facility, according to diplomats in Vienna on September 25.

The Iran nuclear threat – although theater is a more suitable term – was highlighted repeatedly, first by US President Barack Obama during a UN speech on September 23, then again by Israeli Prime Minister Benjamin Netanyahu the next day. The latter came armed with maps and relentlessly provoked Holocaust memories, following the ever so predictable, albeit insensitive and deceptive pattern.

This charade was meant to distract from the nearly 600 page UN report, prepared by South Africa judge Richard Goldstone and others, dedicated mostly to Israeli war crimes in Gaza.

Read More »Irans nuclear theater meant to divert attention

Cii al aqsa day

Channel Islam International
(cii) Presents:
‘Defending Al-Aqsa Day’

Tune in From 7am – 11pm
Thurs,08/10/09

4pm – 5:30pm: The Gaza Docket Read More »Cii al aqsa day