#swiss properties Dubai UAE

[sobhahrcpristine-blog]

KEMPINSKI RESIDENCES THE CREEK – SWISS PROPERTY DUBAI UAE

Kempinski Residences The Creek Dubai is a new launch luxury apartments project developed by Swiss Property. The Real Estate Project offers 1, 2 and 3 Bedroom homes of sizes ranging between 827 sq.ft to 2516 sq.ft. The property is located at The Creek Dubai area of Al Jaddaff, Health Care City, Dubai UAE. The Sale offer Price of 1 Bedroom Private residence starts at AED-2,200,000 onwards for a builtup area of 827 Sq.ft and the Booking amount deposit is 10% of the Sale Value. The Investor have an option to invest in different floor plan layouts with attractive price and payment plan options. The Building comprises of 2 Towers that will be connected via a triple-height zen-like entrance lobby. Kempinski Dubai Private residences offers 1, 2 and 3 BHK apartments of sizes ranging between 827 to 2516 sq.ft. This is an off plan under construction property Sale and is expected to be completed by Q4-2024.

Swiss Property Kempinski residences in The Creek Dubai offers attractive price and flexible 50/50 payment plans in which the booking amount is only 20 percent. Buying housing property in Dubai is very easy for localities and NRI’s. The documents required are buyer’s Passport and Booking amount to start with. You can visit our Sales Center to have a personalized experience about the apartments, also we can share more details about the branded new launch properties in Dubai, availability, floor plans, master layout, sale offer price, and Booking details. Our Sales team can arrange for an online meeting, and presentation of properties for sale in platforms such as Zoom, Google Meet or Microsoft Teams.

Discover more

Call: +91 9986614410

+91 9986365884

[signatureluxury]

The Real Estate Agency in Dubai

The real estate sector is undoubtedly one of the most exceptional and rapidly growing markets across the globe and Dubai is no different. Dubai has one of the best ROI (Return on Investment) in the real estate sector. Only this year till June, there is a 16.9% increase in average prices of the properties. Whereas, a 22.8% increase in average rents has been recorded.

There are so many factors that make Dubai desirable to local and foreign investors. All you need is a real estate agency in Dubai and that’s where we‘re the best. Signature Luxury Real Estate Agency was founded back in 2020, and since then we have been the best in the business. We have changed lives and raised the living standards of the people of Dubai.

With 3 years of experience, we have emerged as one of the top real estate agencies across Dubai. We have collaborated with top developers in Dubai like Emaar, Sobha, Danube, and Binghatti to bring you exceptional properties at the best prices.

DUBAI: THE CENTRE OF ATTRACTION

Dubai takes so much pride in building tall skyscrapers, artificial islands, and modern architecture. They are known for taking everything to the next level. It was just a desert a couple of decades ago, but everything has changed with the vision of Sheikh Mohammed bin Rashid.

Today, Dubai symbolizes incredible architecture and a luxurious lifestyle. Burj Khalifa, Dubai Mall, Palm Jumeirah, and Burj-Al-Arab are now the identities of Dubai. Dubai plays a crucial role in global trade, hosts almost a million tourists each year, and attracts huge foreign investments.

WHY YOU SHOULD INVEST IN DUBAI REAL ESTATE?

Dubai attracts a lot of foreign investors every single year. There's been a 67% increase in foreign property buyers this year. Incredible infrastructure and outstanding amenities make Dubai a hub of luxurious lifestyles, keeping both villas and apartments in demand.

Dubai has a lot to offer everyone, whether you‘re a first-time home buyer or a foreign investor. But there are some things to consider before purchasing a property in Dubai. It includes thorough research of the property that you’re buying, its property type, and its projected future profits.

Stable Exchange Rate

Stable exchange rates guarantee the long-term growth of the property. Dirham which is the currency used in all of the UAE, is securely tied with the U.S. dollar. The UAE Dirham has maintained a stable exchange rate with the U.S. dollar for over a couple of decades.

Cryptocurrency acceptance

The real estate developer in Dubai allows you to make transactions via any cryptocurrency. Bitcoin Swiss (BTCS) is one of the most widely used cryptocurrency in Dubai and the whole of UAE, to be used in real estate transactions. However, all the legal procedures and protocols must be followed.

Low crime rate

Dubai is a heavily guarded, closely monitored piece of land with well-equipped police to safeguard its citizens. It is quite safe for both local and foreign visitors. People are most likely to experience a zero crime rate in all of Dubai. As a visitor, you have nothing to worry about regarding security concerns.

No property tax

There is zero property tax for the real estate agency in Dubai. The government of Dubai and UAE as well, provides an exemption on owning properties. Instead, you are charged with maintenance, municipality, and a transfer fee which is 4%.

Higher rental yields

Dubai ensures the best rental yields and ROI (Return on Investment) across the globe. The city is the center of attraction among many global tourists and traders as it connects Asia, Africa, and Europe. Depending on your property location, you can get between 6.9-9.2% ROI in all affordable locations in Dubai.

Golden Visa for 10 Years

By owning a property in Dubai, you can get a five-year golden visa for yourself. That allows you to reside, work, or pursue studies in the UAE. And there’s a possibility of the extension on the visa to a ten-year, with subject to renewal under the same terms as initially granted. The Golden visa also provides additional advantages, such as the opportunity to obtain a UAE driver's license if the individual already possesses one in their home country, without the need for driving lessons.

CONS OF INVESTING IN DUBAI REAL ESTATE

There are some downsides that you should be well aware of at the time of making your purchase. You can also consult your real estate agency for a better understanding.

Regulatory and Legal Requirements

Real estate investments in your own country or a foreign one require a thorough understanding of the legal procedures, protocols, and monitoring systems. The real estate developers in Dubai has undergone some recent changes, implementing more strict regulations to safeguard the interests of investors. While these changes promote transparency and stability, they may pose challenges for international investors.

Mortgage Charges

When you plan to invest in Dubai, first you should consider mortgage charges because, in Dubai, banks charge fees for processing, valuation, and mortgage registration. This will affect your overall expenses, so you should be vigilant in all of this process for your financial feasibility.

[watchesuaesblog]

First Copy Watches: A Budget-Friendly Alternative to Luxury

Introduction

Luxury watches have always had their charm. Rolex, Patek Philippe and Omega brands have set the bar for precision, workmanship and prestige. But, with heavy price tags that go along with these products, they are a preserve of just a few purists. That is where “First Copy Watches” come in. This trend in the watch industry is one of the ways affordable alternatives to real luxury timepieces are provided. The discussion elaborates on what First Copy Watches in dubai mean, why they attract clients, their disputes as well as influence on the market of high-end watches.

Understanding First Copy Watches

Definition and Concept

First copy watches refer to quality replicas of luxury timepieces which in most cases mimic appearance if not functionality of high end watches unlike inexpensive knock-offs. “First copy” implies that such replicas are made with great precision and attention to detail so that they would replicate the original best possible way. They are often manufactured using similar materials and techniques although official branding or certification associated with genuine luxury ones may be absent.

Craftsmanship and Materials

The quality of master copy watches in uae varies greatly but premium replicas mostly employ materials like stainless steel, sapphire crystal and Swiss movements. Each aspect is meticulously designed by skilled craftsmen such as logo placement or dial design to ensure its accuracy where even minute details are taken care of carefully hence making them near identical aesthetically compared to originals; thus becoming popular among those who can’t afford the exorbitant prices but still appreciate fine watchmaking.

The Appeal of First Copy Watches

Affordability

First copy watches offer people a chance to own a replica without having to spend thousands of dollars on an original piece since the price tag usually comes down by some several hundred dollars for each model. Thus, anyone interested can buy premium copies instead of expensive original models from world-famous watch manufacturers.

Aesthetic Similarity

For most customers, the aesthetic factor is more decisive than the brand name. First copy watches are usually designed as if they were original products with similar looks and feels to those of high-end models. In other words, it makes sense that people who do not want to overpay for a good-looking accessory will always choose its replicas.

Variety and Availability

First Copy Watches market is vast with different models and styles available across continents. Numerous replicas exist for potential buyers aiming at classic Rolex Submariners or elegant Patek Philippe Calatravas among other preferences. Therefore, this diversity enables such individuals to satisfy their fashion needs via getting timepieces in line with their likings.

Controversies and Challenges

Legal and Ethical Issues

The production and sale of first copy watches raise various legal issues concerning intellectual property rights. The majority of these counterfeits breach trademark laws causing litigation between imitators and watch companies. Similarly, purchasing duplicates has been argued as lowering trustworthiness of luxury brands.

Quality Variations

All first copy watches are not the same; some are perfect copies while others cannot be relied upon in terms of precision and durability characteristic of branded products. Therefore, consumers should be careful by ensuring that they have quality bought. There are reputable sellers whom one can trust so as to avoid ending up with poor quality goods (Otero & Munoz 2007).

Market Impact

Various things have affected the luxury watch market in terms of First Copy Watches. For one thing, it has introduced horology to new buyers who may not have engaged with it otherwise. On the other hand, this has forced luxury brands to step up their fight against counterfeits and protection of their intellectual property. Consequently, this has resulted into increased oversight and regulation within the industry.

Navigating the Market

Choosing a Reputable Seller

When thinking about buying a First Copy Watch, the most important decision is finding a good seller. Good replicas are usually made by craftsmen who focus on certain manufacturing processes as well as dealers. The buyers should examine opinions, request for more details about goods and check out reputation of suppliers.

Understanding the Product

It is necessary for purchasers to grasp even small details and characteristics of watches they desire to buy. Knowledge regarding genuine and duplicate watches can be based on its movement type or materials used or branding amongst other aspects. Such kind of information makes sure that purchasers know what they acquire and value their purchasing decisions.

Ethical Considerations

Despite being cheaper than original ones, consumers ought to think about some moral aspects when selecting First Copy Watches . The implications for supporting fake products can be extensive in that legitimate businesses might suffer severe consequences while authentic manufacturers may lose income due to such behavior. Thus, weighing these factors and considering wider impacts can assist consumers in making better choices.

Conclusion

First Copy Watches provide budget friendly alternative options to luxurious timepieces thus enabling individuals interested in aesthetics and craftsmanship of high-end watches but lack enough monetary resources to afford them enjoy these experiences as well without breaking a bank account. Nevertheless, despite offering great advantages in terms of price consciousness or availability, this type also comes with legalities surrounding its purchase or quality issues raised lately due to cheap materials used during production stages Other devices produce similar effects like those which are mentioned above because they all fall under that category.First Copy Watches market is not a simple affair and the buyers must negotiate its intricacies responsibly so as to achieve desired goals in line with their authentic values. The truth and the love for good timepieces such as these whether real or replicas.

[msknkea]

New launch Alert!!!

The best investment opportunity is on your way.

Elevate your living experience to new heights with AETERNITAS, the tallest residential clock tower in collaboration with Swiss watchmaker franck muller.

Indulge in luxury across 59 floors, from 1 to 5 bedrooms with stunning views.

Price range from 1.7 M AED.

Completion date: Q2 2027.

#msknk #uae #dubai #property #dubailife #burjkhalifa #homebuying #homes #instagram #invest #realestate #realestateinvesting #mydubai #home #newhome #dubailifestyle #luxuryhome #newconstruction #picoftheday #homerenovation #investment #realestateinvestor #dubaimall #travel #dxb #dreamhome #luxuryrealestate #househunting #luxury #smnerds

[consultprestigeconsulting]

Swiss Residential Property Services- Consult Prestige

The real estate dubai is renowned for being vibrant and changing quickly. The following are some important real estate-related factors in Dubai:

Overview of the Market: The real estate industry in Dubai has grown significantly, and landmark buildings like the Burj Khalifa and Palm Jumeirah have enhanced the city's skyline. Properties Types: The properties available in the Dubai real estate market are varied and include townhouses, luxury flats, villas, and commercial spaces. Ownership by Freehold: Non-UAE nationals are able to acquire freehold properties in some locations, which appeals to foreign investors.

Unplanned Projects: In Dubai, off-plan developments are popular because they enable investors to purchase real estate before it is finished. This is a well-liked approach to investing. Developers of real estate: Known for their ambitious and inventive projects, prominent real estate developers in Dubai include Emaar Properties, Nakheel, Damac Properties, and others.

[propertiesdubai]

DHG Properties, a Leading Swiss Real Estate Developer, Expands its Footprint to Dubai’s Thriving Market

In a significant move that underscores the growing allure of Dubai’s real estate market, renowned Swiss property developer DHG Properties has announced its plans to unveil its maiden project in the UAE by the close of 2023. This much-anticipated development will be situated in the heart of Jumeirah Village Circle (JVC), a burgeoning neighborhood that has rapidly gained popularity among residents and investors alike.

[thescribblelab3]

Award Winning interior Designer - The ScribbleLab

The Scribble Lab has been established by Nasheman Zargar, a talented, passionate, and ambitious Interior Designer, who leads the organization as Chief Designer and Founder and holds a strong vision for Scribble Lab to build as one of the creative interior design companies in the MENA region.

With an eye for detail, Nasheman takes utmost pride in taking off in this industry at a very young age to satisfy her passion for designing, and for foraying on her own. Her ideology of synthesizing creative, customized design concepts for every project, has resulted in the creation of The Scribble Lab, a boutique interior design studio based in the UAE, catering to clients across the GCC region and empowering unique ideas of interior designing in Dubai and other regions of MENA.

Having worked for renowned design brands including XBD Collective, Swiss Bureau Interior Design & Ellington Properties Design, Nasheman also gets her creative skills from her fine arts background, which complements her ability to translate raw ideas into workable designs. Plus, her experience in the market has enabled her to work with many reputable and prestigious names like Emirates NBD, Transmed, Al Hilal Bank, Roche, British Volt, and Hitchki, as well as with affluent individuals. With these experiences in their pockets, Nasheman duly aspires to take Scribble Lab amongst the top interior design companies in Dubai.

To know more: https://www.thescribblelab.com/about-us/

[shaankaz]

KEMPINSKI RESIDENCES THE CREEK – SWISS PROPERTY DUBAI UAE

KEMPINSKI RESIDENCES THE CREEK – SWISS PROPERTY DUBAI UAE

Kempinski Residences The Creek Dubai is a new launch luxury Private apartments project developed by Swiss Property. The Real Estate Project offers 1, 2 and 3 Bedroom Homes and is located at Al Jaddaff, HealthCare City, Dubai UAE. The Sale offer Price of 1 Bedroom Private residence starts at AED-2,200,000 onwards for a builtup area of 827 Sq.ft and the Booking amount deposit is 10% of the Sale Value. The Investor have an option to invest in different floor plan layouts with attractive price and payment plan options. The Building comprises of 2 Towers that will be connected via a triple-height zen-like entrance lobby. Kempinski Dubai Private residences offers 1, 2 and 3 BHK apartments of sizes ranging between 827 to 2516 sq.ft. This is an off plan under construction property Sale and is expected to be completed by Q4-2024.

The Project offers flats of different floor plans with attractive pricing offers for investors and home buyers in Dubai Market. Buyer looking for investment in this property and interested to know more details, you are welcome to contact our sales team. We will share the details like available units, Sale offer price, e-brochure, payment plans and booking details.

https://www.reddit.com/user/Real_Piano_1578/comments/z4153r/emaar_the_residence_burj_khalifa_dubai_downtown/

https://www.reddit.com/user/Real_Piano_1578/comments/z41139/kempinski_residences_the_creek_swiss_property/

[ramarealestateinfographics]

Which is the right month to buy property in Dubai?

Is there a given time-period to purchase land? When would be the right time to invest in real estate in Dubai? Let’s tackle these questions together as this has been a topic of interest at this time.

According to the Dubai Land Department (DLD), the real estate industry is now getting back on track after recovering from the effects of the pandemic, also bearing in mind how effectively the government has dealt with the pandemic with limited restrictions real estate brokers uae. 

Dubai's property market continues to expand, with month-on-month transaction volumes growing as the city-state becomes one of the first to reopen to visitors. Perhaps the UAE's vigorous vaccination campaign and open-door policies are paying off. 

Furthermore, initiatives such as granting long-term visas and citizenship to investors are encouraging many people to make the city their permanent home, when previously, approximately 75 percent of expats working in the country saw it as a fantastic place to live and work.

The Dubai Land Department registered a total of 1,921 real estate transactions with a gross value of US$ 1.36 billion in the week ending June 17, 2021. Dubai's elite residential real estate is among the cheapest among major cities, with 42,356 houses worth $1 million, second only to London. It is one of the best periods to buy property in Dubai for foreigners looking to invest in real estate or individuals looking to settle permanently in this growing metropolis.

Real estate in the emirate has been an appealing investment option for many due to the strong exchange rate environment. As the US dollar has dropped in recent months, investors from Switzerland, the United Kingdom, Germany, France, and Italy have been able to profit from the gains achieved by the Swiss franc, sterling, and euro.

Here are six additional reasons why you should buy a home in Dubai right now:

1)     Long-term visa options

2)     An attractive tax havens

3)     Higher ROI

4)     World-class infrastructure

5)     Good lifestyle

6)     Property prices per square foot are noticeably lower.

Dubai offers spectacular futuristic architecture and an excellent public transportation system. Indeed, the country has been ranked ahead of the United States, Canada, and the United Kingdom as one of the top three countries for infrastructure investment. With the recently unveiled 2040 Urban Master Plan, Dubai aspires to be the best city in the world for citizens, residents, and visitors by providing a diverse range of lifestyle and investment options over the next 20 years.

In conclusion, it is quite hard to determine which month is the "ideal" month to purchase land, but based on the statistics and the present status, any time right now would be a good time to invest in Dubai.

[bigyack-com]

Marriott Opens Second JW on Hainan Island, China

Marriott has expanded its portfolio of JW hotels in China with the opening of the JW Marriott Sanya Haitang Bay. The property is the second JW Marriott resort on Hainan and eighteenth JW in Greater China, is located on a 21.8 km shoreline. Adjacent to Yalong Bay National Tourism Resort, Haitang Bay is a 40-minute drive from Sanya Phoenix International Airport. The area is home to numerous tourist attractions including Wuzhizhou Island, Sanya Haichang Fantasy Town, Nanshan Temple and the Wanda International Cinema, among others.

“We are truly delighted to continue to expand our brand portfolio in Sanya, China.” said Mitzi Gaskins, Vice President & Global Brand Leader, JW Marriott. “JW Marriott Sanya Haitang Bay is bringing a modern, luxurious setting to our guests in Sanya, as well as encouraging them to embrace the present and savor life to the fullest in a mindful and nourishing environment.” The property’s 142 guestrooms and 18 villas, ranging in size from 735 sq. ft. to 7,180 sq. ft., all feature private balconies. Guests can enjoy live cooking presentations at JW Kitchen’s all-day open-kitchen restaurant or relax in the tropical ambiance of the JW Lounge, featuring signature cocktails and wines from around the world. For romantic weddings, corporate meetings and special events, the JW Marriott Sanya Haitang Bay has over 37,600 sq. ft. of meeting space, 86,000 sq. ft. of outdoor lawn, flexible seating solutions and comprehensive business facilities. There is also a health club featuring over nine different-sized pools and a Spa by JW. “The increase and transformation of the tourism market within China and specifically Hainan is significant, with the island now housing 23 hotels, covering different lifestyle needs,” said Henry Lee, President, Greater China, Marriott International. “The expansion of the JW Marriott brand in Sanya allows us to add unique offerings and enriching, thoughtfully-curated experiences for guests, leaving them with unforgettable memories.” See latest Travel News, Interviews, Podcasts and other news regarding: JW Marriott, Sanya. Headlines: Japan, Singapore, S. Korea and Germany Have World's Most Powerful Passports  Yangon Int. 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[digitalarabia5-blog]

Top Digital Marketing Agencies in Dubai

Are you in search of the top Digital Marketing companies in Dubai to outsource your brand or Business? As the options to find a Mobile/ Digital Marketing agency is over-flooded with reliable options, the task is quite complicating. If you think of relying on Google search results, then it might provide you with thousands of results with the best services tag line. But which one is the best for your business needs?

We know it’s quite minding confusing, but don’t worry because we have made it easier for you. With thorough research and analysis, we have listed out the top digital marketing agencies to help you find the right company for your business According to my research, the below-listed companies don’t just do DigitalMarketing but also help them build and promote brands, boost online reputation with perfect Marketing strategies and marketing campaigns:

Here is the list of Top Digital Marketing Agencies in Dubai:

1) Digital Arabia

Established in 2016 DigitalArabia.ae is a full-service marketing agency with a vision of being the best digital service provider in UAE. With innovative, integrated marketing solutions, this company helps brands to establish businesses in their respective markets.

Their continued pursuit of professional knowledge and the best use of the latest tools and technology keep us ahead of the competition. With the aim to clear vision and perfect strategy, planning, they focus on objectives to deliver the best digital outcomes for the clients’ internationally by crafting and collaborating best marketing ideas, digital products with tactile strategies that help clients promote their brand or business globally.

Services:

Website development, mobile application development, SEO, Video Marketing, Search engine Marketing, Email Marketing, Facebook Marketing, YouTube Marketing, etc.

Clients:

Al Habtoor, Danube Properties, Dp World, NajahiEvents, Swiss Business School and many more.

2) Al Mana Media

A full solution forward-thinking mobile agency, offering development services that help clients recognize the use of deeper engagements in their respected target markets. Specializing in advanced analytics and digital media, this company is the perfect strategic partner for Marketing leaders to create more relevant experiences for their users. With years of experience, they provide solutions that bridge the gap between creative resolution and possibilities, while delivering effectiveness for their clients.

Services:

Branding, Network and Audiences, Social Media, Mobile Applications

3) TBWA RAAD

TBWA RAAD has changed the conventions of communication and Digital Marketing across the regions in the field of mobile marketing. As they have made a name for themselves in the mobile and marketing industry, TBWA is considered to be one of the fastest-growing marketing firms in UAE.

Services:

Advertising, Relationship Marketing, Internet Web Design and Maintenance, Strategic Account Planning, Media and Research

4) InLogic Digital Marketing Agency Dubai:

They are one of the. They are top Marketing who deliver the best and reliable business planning to add to your sale and website traffic. With a dedicated team, they can generate all your expectations to achieve a significant competitive advantage through integrated SEO marketing strategies.

Services:

Mobile app development, web design & development, e-commerce application, digital marketing & SEO, system integration, IT quality control and much more.

5) Sunshine Digital Agency:

This internationally renowned firm is well established in Dubai among its clients in providing valuable services to achieve their business goals in a limited period of time. With highly effective Digital Marketing Services, they are good at understanding your business/brand and offer customers the best digital strategy plan to boost business.

For more detail: https://www.digitalarabia.ae/top-digital-marketing-agencies-dubai/

[kunthycips]

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[un-enfant-immature]

What will save crypto?

Sulaiman al-Fahim Contributor

Sulaiman al-Fahim is an international businessman based in Dubai with focuses on property management/real estate, cryptocurrency, and philanthropy. His company, Sulaiman Al-Fahim Holdings, is a global operator that facilitates transactions to develop properties in various areas of the world. He is also an advisor and partner at ADAB Solutions, a group dedicated to bringing the newest movement in financial tech to the Muslim world.

Cryptocurrency technology has been on a tumultuous journey since its creation in 2009. According to a recent New York Times article, bitcoin enthusiasts in the U.S. wrongly predicted the involvement of Wall Street institutions and investors in cryptocurrency, which would have given it legitimacy. Instead, the opposite effect has taken place: big investors have avoided crypto because of its volatility, as shown by bitcoin’s devastating drop in price last year.

Elsewhere in the world, particularly in the Middle East and among major Muslim communities, there is a growing curiosity surrounding cryptocurrency — and a call for regulation that deals with the stigmas against it. There are about 1.8 billion Muslims worldwide, and the global Islamic economy with the inclusion of crypto tools, services and products could equate to approximately US$3 trillion by 2021. If we are able to work through the challenges and implement crypto for a Muslim audience, the addressable market for crypto could increase exponentially. 

But since its inception, Muslim leaders and communities have debated on whether or not cryptocurrencies should be deemed halal or haram, permissible or forbidden. Shariah-compliant finance is a fundamental part of Islamic tradition, and it’s the primary reason why Islamic countries have been so dubious of the new currency.

The challenge of Shariah compliance

Shariah compliance refers to finances and investments that adhere to Islamic law. This includes prohibiting riba, or charged interest, and avoiding any “unethical concerns,” such as maisir (gambling), alcohol and tobacco production, weaponry and more. It also prohibits qimar, or investments based on speculation. Crypto’s proven volatility has been likened to gambling and speculation, a critical reason behind the debate of halal and haram. Countries like Qatar, Saudi Arabia and Jordan have outright banned cryptos, and the concern over the legitimacy of crypto has thus far prevented the Middle East from truly embracing the technology.

But for those paying attention, the attitude around cryptocurrency in the Middle East has begun to shift in the past year. The United Arab Emirates (UAE) has led the charge in nurturing an acceptance of cryptocurrency in the region, and launched a strategy that aims for 50% of all government transactions to occur through blockchain. The first cryptocurrency exchange in UAE, the Cryptobulls Exchange, opened last year and gained more than 200,000 traders. Ripple, a top global blockchain platform, has plans to set up an office in Dubai, and is working with UAE Exchange, the country’s largest remittance firm, to set up blockchain-based payments to Asia.

How companies and institutions are approaching compliance

In addition, the development of Shariah-compliant crypto and blockchain services is beginning to weave a new narrative, an essential one that reconciles and compromises with the tenets of Islamic tradition. In mid-2018, cryptocurrency and finance platform Stellar was permitted to integrate and service financial institutions in the Middle East by The Shariyah Review Bureau (SRB), a leading international advisory agency licensed by the Central Bank of Bahrain, as a result of its compliance to Shariah law in its practices. X8 AG, a Swiss-based startup well known for its fiat-backed crypto, also received certification from the SRB, demonstrating that fiat-supported currencies are more appealing to Islamic countries.

Even more recently, 2019 has already seen the launch of meem, Bahrain’s first fully digital bank, and the first Shariah-compliant digital bank in the region. It will also see the launch of Qintar, the first crypto token expressly made to be Shariah-compliant. It will be built on their Islamic Blockchain (ISL), which has received fatwa (a non-binding legal opinion) of approval from Islamic scholars and researchers. The ISL is secured and speedy with full transparency, allowing users to safely control their own trades and ensure that their transactions follow restrictions like riba or maisir.

Shariah compliance has hit the ground running

These swift, sweeping movements toward Shariah compliance in the past few years are paving the way for a wider adoption of the technology, as well as an increased mindfulness and inclusion of the way business is conducted in different cultures. The establishment of new institutions that all play a part in a Shariah-compliant crypto ecosystem, such as banks and exchanges, help build up a regulated foundation that can keep cryptocurrency stable and provide a vetting process for which projects will be deemed halal or haram. 

And of course, the development and counsel of Shariah advisory boards in various forms not only lend legitimacy, but keep companies accountable in enforcing these rules. Approval from Islamic scholars and experts will also work to lift the stigmas of cryptocurrency in the region and the culture.

It is evident that cryptocurrency and blockchain are beginning to earn the favor of Islamic countries. It is also clear that the necessary steps are already being made in order to make blockchain and crypto Shariah-compliant, as well as increasing acceptance of the new fintech among Muslim people. 

The nearly two billion Muslims in the world represent a significant 23% of the total population, and by including them in crypto ventures through Shariah-compliant regulation, we can see crypto finally become the global economic system that it deserves to be.

[lightstclker-blog]

Welcome to Dubai!

Dubai is found on the Nearby Beach shore of the U. s. Arabic Emirates, directly within the Arabian Wasteland. The town has no organic stream bodies or oases, but does have a organic inlt, Dubai Stream, which has been dredged for making it deep enough for large veins to pass through. Dubai is an important vacationer location and its slot, Jebel Ali, constructed in the 70's, has the biggest man-made harbour in the world. Dubai is progressively creating as a hub for service sectors such as technology and finance.

Of the seven Emirates that define the U. s. Arabic Emirates, Dubai has the biggest inhabitants. Dubai's inhabitants consists of mainly of retirees, with UAE people making up the community. According to the UAE Secretary of state for Work, more than one million people of Dubai, or 83% of the human inhabitants is worldwide created. Most of foreigners come from Indian (51%), followed by Pakistan (16%). Dubai has some 100,000 European Expats.

The formal terminology of Dubuai is Persia but English is commonly verbal, especially in the business industry. Since most street and shop signs, cafe choices, etc., are in both English and Persia, one could live quite easily in this town without speaking Persia. Nearby, Malayalam, Hindi, Urdu, Arabic, and Tagalog also commonly verbal.

Dubai has a desert environment with temperature ranges which range from 50 levels F in the winter to 118 levels F during summer months time time. Rain fall is irregular and setting up a business in dubai company formation and company setup UAE people term the weather as "seven months in heaven and five more in an inferno." The warm environment makes it appropriate to wear bermuda and T-shirts however, as Dubai is a Islamic town, guests should be aware of their attire: shoulder area should be covered and women should avoid dressed in tight-fitting clothing.

All guests, except for people of the Arabic Beach Co-operation Authorities (AGCC), which includes guests from Bahrain, Kuwait, Qatar, Oman, and Saudi Arabic, will need to have a charge subsidized by a regional enterprise such as expensive hotels or trip company. English people with the right of residence in the UK and expatriate people of the AGCC of certain countries and careers may are eligible for automated 30 day visit visas on appearance, but rules should examined before traveling.

There are several products that should not be brought into the UAE such as alcohol, porn, cream color, drugs, walkie talkies, remote & wireless phones, spiritual products (crosses, Buddhas, video clips with spiritual images), weapons, ammo, draggers, blades, swords and warrior spears.

The unit of currency is the UAE Dirham (Dh), and there are 100 fils in each Dirham. The Dirham is available in variations of 1, 5, 10, 50, 100, 200, 500 and 1,000 notices and in 25 fils, 50 fils. For every day buys, such as food, cash and bank cards are commonly used. Automatic teller machines (ATMs) are available 24 / 7.

The most well-known communities for expats are places such as Jumeirah, Umm Sequim, Emirates Ponds, Emirates Mountains, Mirdiff for cottages and Bur Dubai & Sheikh Zayed for flats. Each of these places is valued for its vicinity to good schools and shopping. Most expats seem to lease, as until recently they were not allowed to own property in the UAE. However, beginning in the Summer 2002, this started changing. Today, many expatriate subdivisions (including the Dubai Harbour, The Veggies, The Mdw, Arabian Ranches, the Hand Project, etc.) are available with the option to buy.

For Expats leasing a house in Dubai, their lease is usually paid by check. To start a banking account, a ticket and charge (or application) will be needed. A work contract or No Argument Correspondence from a attract and a papers that can recognize one as a regional citizen, such as a electricity bill or permit, may be sufficient. Non-residents are not able to start banking accounts.

Due to the high expatriate inhabitants, the tutorial system in Dubai is extremely different. English is the most common educating terminology. Almost all of the English program schools have waiting details and accessibility to other schools will differ based upon on the season the student will be applying. Local schools generally have three terms: Fall, which operates from mid-September to mid-December; Spring, which operates from beginning Jan to beginning April; and Summer, which operates from mid-April through beginning This summer.

For school knowledge, many retirees seem to deliver their children back to their house country or to European nations. Even though Dubai has plans to increase more approved universities, they continue to deliver 90% of all potential highschool students to Indian for a greater technical knowledge. A substantial number of worldwide approved universities and universities have been set up in the town over the last ten years. More and more 'A' level and International Baccalaurate knowledge organizations are being creating in the region.

Driving is the most famous method of transportation in Dubai, where people drive on the right hand side of the way. Legitimate certificate owners from certain nations will be able to "swap" their permits for a Dubai one. These nations are: Sydney, Norwegian, Bahrain, The country, North america, Malta, Czech Republic, Denmark, Finland, Italy, Portugal, Malaysia, Iceland, Ireland in europe, Italy, Asia, Kuwait, Norwegian, Holland, New Zealand, Norwegian, Oman, The country, People from france, Qatar, Saudi Arabic, Singapore, Slovakia, Southern African-american, Southern South korea, Italy, Norwegian, Swiss, Poultry, U. s. Empire and U. s. States.