Latest news with #OmarHamadBuShehab
Fintech News ME
5 days ago
- Business
- Fintech News ME
Dubai Land Department, Emirates NBD Launch Joint Studies to Reform Property Registration
The Dubai Land Department (DLD) has signed a memorandum of cooperation with Emirates NBD, a major banking group in the Middle East, North Africa and Turkey (MENAT) region. The agreement sets out a joint framework for regulatory and technical studies aimed at improving real estate transaction registration processes and strengthening the overall efficiency of the sector. The partnership includes two studies. The first will explore ways to optimise the registration process for real estate transactions completed outside the UAE. The second will focus on the development of financial services that can support the registration of real estate sales. These efforts are intended to improve customer experience and provide better support for investors throughout their property transactions. Omar Hamad BuShehab, Director General of the Dubai Land Department, said: 'This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, thereby further strengthening Dubai's position as a global destination for real estate investment. These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate's status as a global leader in real estate.' Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, said: 'Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector.' The initiative is in line with the objectives of the D33 Economic Agenda, which aims to position Dubai among the world's top three economic cities. It also reflects ongoing efforts to make the real estate market more attractive to international investors by providing a supportive regulatory framework, encouraging sustainable growth, and improving service delivery.
Al Bawaba
6 days ago
- Business
- Al Bawaba
Dubai Land Department, Emirates NBD Forge Strategic Partnership to Advance Real Estate Ecosystem and Deliver Innovative Customer Financial Solutions
Dubai Land Department has signed a memorandum of cooperation with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, to establish a joint framework for conducting regulatory and technical studies. The partnership aims to develop streamlined mechanisms for real estate transaction registration and enhance the efficiency of the broader real estate ecosystem. It will focus on delivering innovative financial solutions that prioritise customer experience and support investors throughout their property this partnership, both parties will collaborate on two forward-looking studies addressing procedural, and regulatory aspects. The first study will focus on optimising the registration process for real estate transactions concluded outside the UAE, while the second will focus on offering financial services that simplify the registration of real estate sales transactions. This strategic collaboration supports Dubai's efforts to attract international investors by enhancing trust, simplifying processes, and reinforcing confidence in the emirate's dynamic real estate Excellency Omar Hamad BuShehab, Director General of Dubai Land Department, said:'We are continuously working to develop innovative solutions that place the customer at the centre of the real estate ecosystem and contribute to enhancing operational efficiency and market transparency. This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, thereby further strengthening Dubai's position as a global destination for real estate investment. These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate's status as a global leader in real estate.'Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, Emirates NBD, said: "This partnership with Dubai Land Department represents a significant milestone in our commitment to innovation and delivering customer-focused solutions. Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector."This collaboration reflects Dubai's comprehensive development vision under its D33 Economic Agenda, which aims to position the emirate among the world's top three economic cities. It also aligns with a broader direction to enhance the real estate market's readiness to attract high-quality investments by providing a supportive regulatory environment that promotes sustainable growth and elevates the investor experience both locally and internationally. The partnership serves as an effective model of integration between government entities and financial institutions, supporting Dubai's efforts to build a real estate ecosystem capable of adapting to future shifts in the business environment and driving further progress in digital transformation and service excellence.
Gulf Business
6 days ago
- Business
- Gulf Business
Dubai: DLD, Emirates NBD partner to streamline property registrations, deals
Image: Dubai Media Office The Dubai Land department (DLD) has signed a memorandum of cooperation with Emirates NBD to enhance regulatory processes and streamline real estate transactions. The agreement sets out a joint framework for conducting technical and regulatory studies, focusing on the development of streamlined mechanisms for property transaction registration and delivering financial solutions to improve the overall customer experience. As part of the partnership, two key studies will be launched. The first will explore ways to optimise the registration process for real estate transactions concluded outside the UAE, while the second will examine how financial services can be better integrated to simplify the registration of property sales. DLD aims to advance real estate registration services Omar Hamad BuShehab, DG of The collaboration is aligned with the Dubai Real Estate Strategy 2033, which aims to build a competitive and innovation-driven property sector. Hesham Abdulla Al Qassim, vice chairman and MD of Emirates NBD, said the bank's involvement reflects a commitment to enhancing customer-centric services in real estate. 'Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants,' he said. The partnership is seen as a
Zawya
6 days ago
- Business
- Zawya
Dubai Land Department, Emirates NBD forge strategic partnership to advance real estate ecosystem and deliver innovative customer financial solutions
Dubai, United Arab Emirates: Dubai Land Department has signed a memorandum of cooperation with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, to establish a joint framework for conducting regulatory and technical studies. The partnership aims to develop streamlined mechanisms for real estate transaction registration and enhance the efficiency of the broader real estate ecosystem. It will focus on delivering innovative financial solutions that prioritise customer experience and support investors throughout their property journey. Under this partnership, both parties will collaborate on two forward-looking studies addressing procedural, and regulatory aspects. The first study will focus on optimising the registration process for real estate transactions concluded outside the UAE, while the second will focus on offering financial services that simplify the registration of real estate sales transactions. This strategic collaboration supports Dubai's efforts to attract international investors by enhancing trust, simplifying processes, and reinforcing confidence in the emirate's dynamic real estate sector. His Excellency Omar Hamad BuShehab, Director General of Dubai Land Department, said: 'We are continuously working to develop innovative solutions that place the customer at the centre of the real estate ecosystem and contribute to enhancing operational efficiency and market transparency. This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, thereby further strengthening Dubai's position as a global destination for real estate investment. These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate's status as a global leader in real estate.' Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, Emirates NBD, said: "This partnership with Dubai Land Department represents a significant milestone in our commitment to innovation and delivering customer-focused solutions. Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector." This collaboration reflects Dubai's comprehensive development vision under its D33 Economic Agenda, which aims to position the emirate among the world's top three economic cities. It also aligns with a broader direction to enhance the real estate market's readiness to attract high-quality investments by providing a supportive regulatory environment that promotes sustainable growth and elevates the investor experience both locally and internationally. The partnership serves as an effective model of integration between government entities and financial institutions, supporting Dubai's efforts to build a real estate ecosystem capable of adapting to future shifts in the business environment and driving further progress in digital transformation and service excellence.
Arabian Business
7 days ago
- Business
- Arabian Business
Dubai Land Department and Emirates NBD to streamline real estate transactions
The Dubai Land Department (DLD) and Emirates NBD are establishing a joint framework for conducting two key regulatory and technical studies aimed at developing streamlined mechanisms for real estate transaction registration and enhancing the efficiency of the broader real estate ecosystem. The framework will focus on delivering innovative financial solutions that prioritise customer experience and support investors throughout their property journey. The Dubai Land Department and Emirates NBD sign a memorandum of cooperation to streamline real estate transaction processes and introduce innovative financial solutions that enhance the investor experience. The partnership supports the goal of the Dubai Economic Agenda D33 to… — Dubai Media Office (@DXBMediaOffice) July 22, 2025 The two parties will collaborate on forward-looking studies addressing procedural and regulatory aspects. The first study will focus on optimising the registration process for real estate transactions concluded outside the UAE, while the second will focus on offering financial services that simplify the registration of real estate sales transactions. Omar Hamad BuShehab, Director-General of Dubai Land Department, commented: 'We are continuously working to develop innovative solutions that place the customer at the centre of the real estate ecosystem and contribute to enhancing operational efficiency and market transparency. 'This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, further strengthening Dubai's position as a global destination for real estate investment. 'These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate's status as a global leader in real estate.' This strategic collaboration supports the city's efforts to attract international investors by enhancing trust, simplifying processes, and reinforcing confidence in the emirate's dynamic real estate sector. The partnership serves as an effective model of integration between government entities and financial institutions, supporting the emirate's efforts to build a real estate ecosystem capable of adapting to future shifts in the business environment and driving further progress in digital transformation. Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, Emirates NBD, added: 'This partnership with Dubai Land Department represents a significant milestone in our commitment to innovation and delivering customer-focused solutions. 'Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector.'
