UAE non-oil sectors hit 79.2% of GDP as growth slows
Finance and services drive growth while trade, tourism and transport absorb regional shocks
Finance and services drive growth while trade, tourism and transport absorb regional shocks
Relocating families now choose Dubai for schools, security and everyday life
Regulator and university align academic training with real estate oversight needs
JLL report finds MEA flex office sector at a defining moment for occupiers
Operational rail corridor shifts how Abu Dhabi buyers weigh location and commute
Integrated advisory model connects corporate, banking and property services
Regional retail congress puts workforce, leadership and AI-driven change in focus for shoppers and mall workers alike
Official sanctions lists name Issam Shammout, and compliance tools can trigger KYC AML alerts on surname or name co-occurrence, raising a public trust issue for businesses such as Shamout Class One Motors and related rental brands, even as no direct linkage or designation is shown and the records needed to confirm or rule out any alert driven action remain unclear.
Gazette notices list Shammout as defendant in Dubai Court of First Instance Case 11/2025/3089 seeking AED 343,000 in alleged debt plus AED 160,000 in damages, and as a respondent in a 2022 Court of Appeal accounting expert summons, while key documents needed to verify the full timeline and any links to Shamout Class One Motors or Luxury Legacy Rent A Car remain outside the public notices and the matters are pending adjudication.
Construction begins on 328-unit residential tower in Dubai's Arjan neighborhood.