11 11 2018
The Dubai Land Department signed a Memorandum of Understanding (MoU) with the Abu Dhabi Global Market Registry.
The agreement was signed by Sultan Butti Bin Mujrin, Managing Director of Dubai Land and Zaher Al Muhairi, Chief Executive Officer of the Abu Dhabi Global Market Authority.
"Strengthening our cooperation with our Emirates Dubai partners and other emirates helps us understand the vision and strategy of Dubai as well as translating our corporate vision of Dubai as the first destination for innovation, confidence and happiness," said Sultan Bin Mujrin.
"The UAE has managed to develop a specific real estate sector and continues to launch new initiatives of this kind in order to enhance the simplicity of business for investors," Zaher Al Muhairi said.
This strategic co-operation between Abu Dhabi Global Market and the Dubai Land Department will contribute to streamlining regulations and policies to improve access to the real estate market.