The Sharjah Executive Council (SEC) has issued a decision allowing all nationalities to own real estate of all kinds and uses in the emirate without limitation of time.
It paves the way for people of all nationalities to gain absolute ownership in real estate projects and developments in the emirate that is not restricted by time.
The decision was announced during a meeting of the SEC, chaired by Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and, in the presence of Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah.
Based on Law No. (2) of 2022, which was issued on Monday, the latest decision represents a continuation of efforts to enhance the legal framework for real estate registration in the Emirate of Sharjah.
The legislation aims to keep pace with the significant growth in the vital sector and to provide opportunities for ownership to all nationalities in an organised manner.
The SEC also issued a separate decision regulating mortgage insurance in Sharjah, including the conditions and procedures for registering the mortgage.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has mourned the death of Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in Al Ain Region.
Dubai Government has announced that all its entities will switch to remote work on Thursday, May 2 and Friday, May 3, except for roles that require on-site presence.
All schools in Abu Dhabi have been instructed to switch to distance learning mode on Thursday, May 2 and Friday, May 3 due to fluctuating weather conditions.
The UAE's Ministry of Human Resources and Emiratisation has advised private sector establishments to apply flexible and remote work patterns on Thursday, May 2 due to the adverse weather forecast.
The National Emergency Crisis and Disaster Management Authority (NCEMA) has recommended remote working patterns for all government entities and private companies in the UAE on Thursday and Friday due to the adverse weather forecast.
The operating hours of some of the Dubai Metro stations will be extended on Wednesday, May 1 and Thursday, May 2 to ease transportation to and from Dubai International Airport due to the adverse weather forecast.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!