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Dubai Tenants Can Now Opt for Direct Debit Rent Payments

Dubai Tenants Can Now Opt for Direct Debit Rent Payments

Dubai tenants now have an alternative to paying rent through post-dated cheques. The Dubai Land Department (DLD) has introduced the option for tenants to make rent payments via direct debit, as stated in a circular issued on January 27, 2023.

The DLD has integrated the registered tenancy contract, Ejari, with the Noqodi Direct Debit system. Noqodi serves as the digital payment channel for Dubai government services, while the Direct Debit System, operated by the UAE's Central Bank (UAEDDS), facilitates automated payments through tenants' bank accounts.

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Extending Your Jobseeker Visa in Dubai

Extending Your Jobseeker Visa in Dubai

If you are currently in Dubai on a jobseeker visa and require additional time to find the right employment opportunity, you have the option to extend your visa. This article provides information on the application process, cost, and required documents for extending your jobseeker visa in Dubai.

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The Branch Networks of UAE Banks: A Closer Look

The Branch Networks of UAE Banks: A Closer Look

Banks in the UAE are experiencing a reduction in branch numbers, prompting the need for a reimagining of their purpose. In an increasingly digital world, the question arises: who needs physical branches and what functions should they serve? Should they focus solely on banking transactions or expand their role to provide advice and other services?

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UAE: Gold Prices Rise, Boosted by Weakening US Dollar

UAE: Gold Prices Rise, Boosted by Weakening US Dollar

Gold prices in the UAE experienced an upward trend at the beginning of the week, nearing a one-month high during early trading. According to data from the Dubai Jewellery Group, the price of 24K gold increased by half a dirham, reaching Dh235.5 per gram at the market's opening, compared to last week's close of Dh235 per gram. At 9 am UAE time, the prices for 22K, 21K, and 18K gold stood at Dh218.25, Dh211.25, and Dh181.0 per gram, respectively.

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Alkhair Capital Launches $100 Million HealthTech Investment Fund in Dubai

Alkhair Capital Launches $100 Million HealthTech Investment Fund in Dubai

Alkhair Capital, a prominent asset management and investment banking company, has unveiled a $100 million fund dedicated to investing in healthcare technology ventures. The Sharia-compliant investment vehicle, based in the Dubai International Financial Centre (DIFC), aims to support companies utilizing cutting-edge artificial intelligence to strengthen healthcare providers, as stated in a press release on Monday.

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UAE: Essential New Steps for Departing Residents

UAE: Essential New Steps for Departing Residents

Living abroad often involves returning home at some point. While the temptation may be to pack up and leave, it is crucial to address personal matters to avoid unexpected legal consequences in the future. The following are important steps to take before embarking on a new journey:

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