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Wednesday, 13 June 2007 |
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There was a story covered in 7Days recently which is worth repeating here. This is what the reader asked ...
Q. I went to a mortgage broker to help me buy property here in Dubai and the mortgage broker charged me a very large ‘up front’ fee, 4% of the mortgage value. They gave me a mortgage approval letter so I paid my deposit on the property. I went to the bank to complete the deal and they told me they would not lend me any money. I showed them the letter from the mortgage broker and the bank told me that the money was not the mortgage brokers to lend, it was the banks. What did I pay the fee for?
For the answer and to take part in our survey, |
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Friday, 01 June 2007 |
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You now have the chance to buy into the world’s first investment fund dedicated to luxury brands, such as Porsche, Louis Vuitton, L'Oreal, Saks, Hugo Boss and Gucci to name but a few.
The next time you are partaking in some consumer therapy or cringing while your loved-one spanks the credit card in a high brow boutique - think of it as a form of re-investing. For more info, |
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Thursday, 17 May 2007 |
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Want to know what options are available for buying property in the United Arab Emirates? What about in other parts of the world too? Do you want to know how to get the best interest rates on your mortgage? What about getting a Swiss Franc mortgage to buy a Dubai property? What are the benefits for using an Offshore Company? Where to get the cheapest Loan Protection insurance? How do I secure the best exchange rates when moving money? How can I not pay the TT fees? How much does it cost for Home Contents insurance and what does it cover? What is my tax liability when buying property? Does Sharia Law affect my purchase in the United Arab Emirates?
These are just some of the questions we are frequently asked – why not come to the show this weekend and see us on Stand F5/F6 at the entrance to the event. See you at the Grand Hyatt Dubai Thu 1730-2100 or Fri/Sat 1200-2100 – call us 8004558 (+9714 3489330) for more details. |
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Wednesday, 16 May 2007 |
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The UAE Globaleye Storm Ice hockey Team made its first appearance in the largest Middle Eastern hockey tournament held in Dubai on April 18-21. The 2007 Dubai Mighty Camels tournament boasted 17 international teams with Globaleye competing in the elite division. Despite some key and untimely injuries this first year squad finished a respectable 4th overall. Team Captain Ahmed Hennawi said "I am proud of how our team battled and the respect and attention that this Globaleye team garnered during this tournament will motivate us to perform even better next year." |
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Wednesday, 02 May 2007 |
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We have another interesting fund from Standard Bank on the back of the successful launch of their commodity offering some months back. This has 100% capital guarantee around a basket of Commodity, Fixed Interest, Property and Equity Markets. For more info or indeed a prospectus on this fund which closes soon, |
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Saturday, 21 April 2007 |
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The UK Government has delivered a considerable tax bonus for British people owning property overseas for private use, by scrapping UK tax on property bought through a company. For more info, |
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