7StarsDubai

Dubai UAE News from the Press Property Market Disaster and More

  • Dubai 7 Stars
  • November 2018
    M T W T F S S
    « Dec    
     1234
    567891011
    12131415161718
    19202122232425
    2627282930  
  • Middle East Unrest Update

  • Talk of the Town

    Jo Hopworth on Justice For Natalie – Na…
    Mariam on Criminal Complaint filed in Ge…
    Martin Kraeter on ACI Dubai Funds filed bankrupt…
    Independent Observer on Iranian’s lawsuit reveals roya…
    Rado on DubaiTouristen landen schnell…
    Dubai Citizen on Al Fajer Properties Case…
    Dane on Outlook in concrete- Dubai Wor…
    jamesl fayad on RERA Dubai – Dubai Prope…
    Jacques on Malika Karoum finally arrested…
    James Brown on ACI – Alternative Capita…
    Journalist on Al Fajer Properties-500 Invest…
    ron oakeley on ACI – Alternative Capita…
    Benson Fu on Shahram Zadeh against Al Fajer…
    Monika on RERA – Dubai mulls cance…
    Ali Varahram on Shahram Zadeh against Al Fajer…
  • Top Rated Comments

  • Top Posts

  • RSS Dubai United Arab Emirates Property Real Estate Debt Fraud Developer Investor Court News

    • Criminal Complaint filed against Al Fajer Properties Sheikh Maktoum
      Criminal Complaint filed in Germany against Sheikh Maktoum Hasher Maktoum Juma Al Maktoum CEO of Dubai Developer Al Fajer Properties The Dubai Sheikh who mislead and extort a German Couple  Germany – Dubai 2011 A German elderly couple , today 80 + 50 years old who have been Dubai Tourists since a decade, bought in 2005 an apartment at Nakheel´s Dubai Residen […]
    • UAE: Human Rights Blogger, Sorbonne Lecturer Charged With ‘Humiliating' Officials
      source Human Rights Watch www.hrw.org (Beirut) - The United Arab Emirates attorney general should immediately drop all charges against five pro-democracy activists to halt their trial, Human Rights Watch said today. The charges of "humiliating" top officials relate solely to the defendants' peaceful use of speech to criticize the UAE governmen […]
    • Nakheel Dubai Sunland Case
      June 5, 2011After 21 hearings, Chris O'Donnell, the Australian chief executive of Dubai's major developer, Nakheel, came to the defence of his former colleagues Matthew Joyce and Marcus Lee. Mr Joyce and Mr Lee are accused of profiting from the sale of land that had been earmarked for a colossal high-rise development, which was to include the futur […]
    • Dubai Nakheel CEO decided to leave the company
      Dubai June 7, 2011 Nakheel said on Wednesday that its CEO Chris O'Donnell had left the company "after completing his contract terms". O'Donnell, an Australian who joined the developer in 2006, said he had decided to leave Nakheel following five years spent with the company, the statement added. O'Donnell has overseen a traumatic time […]
    • Owner of Dubai Developer Damac Hussain Sajwani files case against Egypt corruption ruling
      Dubai property developer Damac said on Tuesday it had filed an international arbitration case against Egypt over a land dispute and the conviction of its chairman and owner, Hussain Sajwani.A Cairo court last week sentenced Sajwani in his absence to jail and ordered him to pay a $40.5 million fine in connection with his 2006 purchase of land at Egypt's […]
    • Dubai Palm Jumeriah - Investors plan to take legal action
      Investors in Dubai Palm Jumeirah’s Golden Mile complex will this week serve the developer behind the project with a legal ultimatum to hand over their units or issue them with a refund.Up to ten investors in the luxury complex plan to issue Souq Residences with legal notice in a bid to force a resolution to a dispute that has been ongoing for more than a yea […]
  • Top Rated Posts

    • 480,141 visitors 2010
  • Disclaimer 7 Stars Dubai

    This Website of the Blog 7starsdubai.wordpress.com and 7starsdubai.com content still existing media releases and comments from reputated press and websites only. The content of this Website focus to consumer protection for Investors of the Dubai Property market, the UAE and the Middle East. Press Article from the international Press who report about Fraud in relation with Property Investment and Real Estate Developer Investor Disputes in Dubai and the UAE as well reports from the Press about other criiminal acts and Civil Real Estate cases, Lawsuits before the Court in Dubai, the UAE or other countries. Furtheron we show reports about consumer protection and human rights in the Middle East. Actual Topics about the Unrest in Middle East. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this site does not constitute advice or a recommendation by us.Communications and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Web site. We can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on this Web site nor do opinions of contributors necessarily reflect those of us.In no event shall we be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to this Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. Comment Rules: Although the administrators and moderators of 7starsdubai.com will attempt to keep all objectionable comments off this Blog, it is impossible for us to review all comments . All messages express the views of the author, and neither the owners of this Blog, nor the administrator of this Blog will be held responsible for the content of any message, comment. By agreeing to these rules, you warrant that you will not post any messages that are obscene, vulgar, hateful, threatening, or otherwise violative of any laws. The adminstrator of this Blog reserve the right to remove, edit, move or close any comment (message) for any reason This Blog content still existing media releases and comments from websites only. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this site does not constitute advice or a recommendation by us.Communications and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Blog. We can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on this Web site nor do opinions of contributors necessarily reflect those of us.In no event shall we be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to this Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. Copyright: The copyright to the text of the blog is held by the author or link as source provided, where applicable. All images displayed are copyright their respective owners and are used either under licence or under the fair use provisions of international copyright law. The information contained in this Web site is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, and the inherent hazards of electronic communication, there may be delays, omissions or inaccuracies in information contained in this site. Accordingly, the information on this site is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. Before making any decision or taking any action, you should consult the administrator of this website. While we have made every attempt to ensure that the information contained in this site has been obtained from reliable sources, 7starsdubai.com is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. In no event will 7starsdubai its related partnerships or corporations, or the partners, agents or employees thereof be liable to you or anyone else for any decision made or action taken in reliance on the information in this site or for any consequential, special or similar damages, even if advised of the possibility of such damages. Certain links in the Web site connect to other sites maintained by third parties that may or may not be presented within a frame on the Web site. 7starsdubai.com has not verified the contents of such third party sites and does not endorse, warrant, promote or recommend any services or products, that may be provided or accessed through them or any person or body which may provide them. 7starsdubai.com has not issued or caused to be issued any advertisements which may appear on these Web sites. We do not review, monitor or endorse any third party web sites linked to Our Site and We are not responsible for the content of any web site linked to Our Site. Your access to any web site that links to Our Site is at your sole risk. We are not responsible for the information, material, products, or services contained on or accessible through such other web sites and will not be liable for any form of loss or damage arising as a result of or in connection with your visits to such web sites. Any links to other web sites are provided merely for the convenience of the users of this Site and the inclusion of these links does not imply an endorsement of the linked web sites or the content therein. In addition, you agree not to link your web site or any other third party web site to Our Site or frame Our Site as part of any other web site without Our express prior written consent. We reserve the right, at any time and for any reason not prohibited by law, to deny permission to anyone to link a web site to, or frame, Our Site. We reserve the right to withdraw Our consent at any time to a link to, or framing of, Our Site at Our sole discretion without notice. Your use of this Site and the operation of these Terms and Conditions shall be governed by and construed in accordance with the laws and regulations of and applicable in Germany You agree, acknowledge, and submit to the Court in Germany having non-exclusive jurisdiction over all and any dispute or difference between us arising out of or in connection with this Agreement. Please review these Terms and Conditions carefully before using this Site. Your use of this Site indicates your irrevocable agreement to be bound by these Terms and Conditions (as may be amended by Us from time to time). If you do not agree to be bound by these Terms and Conditions please stop accessing and using this Site immediately. Warning: We are aware that several times Cybercriminals mirrowed our Website and posted on several Forums, Website comments by misuse of our email adresses. These Cybercriminals registerd several similar looking Domains and installed several 1:1 mirrowed Websites which look like our Website 7starsdubai. We have already taken the necessary steps by filing criminal complaints against the Individuals behind this Identity theft an Cybercrime, by misusing fraudulently our Blog Identity 7starsdubai. In Search engines like Google, Yahoo, Bling and others you should always take a close view to the links. If this links do not originaly start with www.7starsdubai.com or http://7starsdubai.worpress.com/.... you will end on a faked mirrowed modificated Website. The genral Background of this Cybercriminals is a Stalking and Smear campaign, faking stories for their personal use, to discriminate Persons with the goal to destroy their reputation.
  • RSS ZDF Heute Germany

    • An error has occurred; the feed is probably down. Try again later.

Archive for the ‘Dubai law’ Category

Radha Stirling and Matthias Arend join prison Hunger Strikers in Dubai UAE

Posted by 7starsdubai on May 23, 2012


Radha Stirling and colleague join foreigners convicted of financial crimes without the ability to present a legal defence.

UAE convicts Safi Qarashi, Peter Margetts, Christopher Renehan, Zack Shahin and Olivier Loeb are amongst the many prisoners hunger striking in UAE prisons.  They are protesting the injustices of the legal system when dealing particularly with financial crimes.  Even where the evidence clearly proves innocence, prosecutions are still successful and sentences extremely lengthy in comparison to international standards.

In cases where a security cheque is wrongfully presented and even where it is post dated, the circumstances are not taken into consideration by the Courts and one will be automatically issued with a lengthy prison sentence of three years per cheque.  In many cases, this has amounted to an effective life sentence.  In most other countries, these matters would be considered by civil courts and would not be criminalised.  We are now encouraging the UAE to seriously review the laws in relation to bounced cheques particularly but also to review the criminal law procedures overall so that it eventually becomes possible to encounter a fair trial whereby actual evidence is properly considered by the Courts.

We are therefore supporting all prisoners in the UAE who are presently on hunger strike by submitting to it ourselves.

We hope that the severity of the hunger strikes proves enough incentive to review the laws in relation to bounced cheques and other financial crimes.

Form more Information : Join the group  Hunger Strike in UAE – Innocent people in Jail  on Facebook

Posted in Bounced cheque Dubai, Dubai Justice, Dubai law, Dubai Legal, Dubai Prison | Tagged: , , , , , , , | Comments Off on Radha Stirling and Matthias Arend join prison Hunger Strikers in Dubai UAE

Sara Qurashi “justiceformydad.com is for ALL the children of ALL the people in Dubai jail for finance related cases

Posted by 7starsdubai on April 29, 2012


A girl whose property developer dad is in Dubai Central Prison for bouncing cheques has expanded her campaign to free her father to help kids whose parents are in Dubai’s jail for financial crimes.

Thirteen-year-old Sara Qurashi’s millionaire father Safi was jailed two years ago after, he claims, clients misused security cheques he’d written.

Despite claiming to have paid off the money Qurashi, CEO of Premier Real Estate in Dubai, which bought the UK and Moscow islands on The World development, remains incarcerated until a civil appeal is resolved.

Sara has now dedicated her website justiceformydad.com to the children of other prisoners.

She said: “justiceformydad.com is for ALL the children of ALL the people in Dubai jail for finance related cases.”

continue reading original source 7Days

Posted in Dubai, Dubai Justice, Dubai law, Dubai Prison, Safi Qurashi, Sheikh Manea Hasher Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum | Tagged: , , , , , | Comments Off on Sara Qurashi “justiceformydad.com is for ALL the children of ALL the people in Dubai jail for finance related cases

Compensation for Breach of Contract Dubai – Damages under UAE Law

Posted by 7starsdubai on February 22, 2012


Consideration should be given to whether contracts yet to be entered into should specifically address these issues.

But what if the decision is taken not to do so or an existing contract does not address damages?

The Civil Code provides an entitlement to compensation for breach of contract even where the contract itself does not provide for such compensation.

Damages under UAE Law 

The purpose of damages is to compensate a party for any loss suffered as a result of default by counterparty to a contract. 

If damages for a breach of contract are not fixed under a provision of the law or in the contract itself, the Civil Code gives the court discretion to assess compensation “in an amount equivalent to the damage in fact suffered at the time of the occurrence”. The focus here is on the actual loss suffered by a party and gives the court a broad discretion to determine an appropriate award of damages on the basis of the facts and evidence before it. However, how is the ultimate determination made and what limits are imposed on the amount of compensation that may be awarded?

Other provisions of the Civil Code that do not specifically relate to contractual damages may give some guidance as to how compensation may be assessed by a court: “In all cases the compensation shall be assessed on the basis of the amount of harm suffered by the victim, together with loss of profit, provided that it is the natural result of the harmful act”.

The key element of this provision is that a party suffering loss will be compensated for that loss, including any loss of profit, which flows naturally from the default. The explanatory memorandum to the Civil Code says damages are payable in respect of the actual loss suffered as well as loss of expectation (that is loss of an opportunity to obtain a benefit under a contract or to avoid a loss).

Each type of damages claimed will need to be substantiated and shown to result from the breach. Consequential (or indirect) losses will generally only be recoverable where it can be shown that the party causing the loss did so with a malicious intent. While it is important to keep in mind the award of damages is always at the court’s discretion, a specific damages regime in a contract can have the benefit of providing greater certainty as to a party’s right to contractual damages and can assist parties negotiate ways of avoiding recourse to court in this challenging environment.

Read also Contract Law in UAE

source
UAE contract law – 5 legal points to remember

Recent legal developments
UAE contract law – 5 legal points to remember

When overseas investors in the UAE negotiate their contracts, the choice of governing law for their contract can be a point of contention. Often, foreign parties want to choose a neutral and well-established law, such as English law or New York law.
However, the respective bargaining powers of the parties may result in the foreign investor agreeing to UAE law. In other scenarios, the UAE law itself may dictate that it should be used to govern the contract, such as is required for Dubai government contracts under a Decree from 1988. Certain other types of contracts are also required to be governed by UAE law in practice, including UAE employment contracts and memoranda of association to establish a UAE company.
This article focuses on a few key legal points to note under UAE contract law as set out in the UAE Civil Code, particularly where they are different to English or other common law jurisdictions.
1.
Beware of agreements to agree – the courts may enforce the missing details
Article 141 of the UAE Civil Code provides that the parties to a contract must agree on the essential elements of the obligation, but that they can leave matters of detail to be determined at a later date. In this circumstance, if a dispute arises, the judge will make a ruling on the missing terms in accordance with the other provisions of the contract and the law. However, it is clear from the Ministry of Justice official commentary that, for a UAE court to do so, it must be clear that the parties intended to reach an agreement even if they fail themselves to finalise all of the details of the contract.
This departs from the usual position under English law, for example, under which agreements to agree in the future are generally not capable of being enforced. Contracting parties may often tactically choose to phrase a point of detail as an agreement to agree in the full knowledge that if they do not agree in the future, it will not become a term of the contract.
It is also worth noting in this context that the implied obligation of performance in good faith may mean that the courts will find bad faith (and therefore a breach of contract) if the parties fail to agree in certain circumstances, such as one party failing to take reasonable efforts to reach an agreement, or entering into parallel negotiations with a third party.
Therefore, under UAE contract law, parties may be well advised to expressly state that there is no intention that the parties will be bound by Article 141, unless and until an agreement is entered into in writing between the parties.
2.
Only fraudulent behaviour constitutes misrepresentation
Common law lawyers are used to the legal concept of misrepresentation forming an alternative cause of action to breach of contract for parties who have been induced to enter into a contract by statements made by one party which have subsequently be proven to be untrue (and which may also be incorporated in the contract in the form of warranties, for example). Misrepresentation is effective because its scope is wide and includes innocent and negligent statements. It may also be fraudulent or reckless. It has a different basis for the calculation of compensation to a claim for breach of contract and also allows rescission of the contract.

continue reading… original source

Posted in Dubai law, Dubai Legal - Real Estate Lawsuits, Sales Purchase agreement Dubai | Tagged: , , , | Comments Off on Compensation for Breach of Contract Dubai – Damages under UAE Law

Dubai Tourists – Alcohol Licence requirement in UAE update January 2011

Posted by 7starsdubai on April 2, 2011


Jumeirah boss slams Brit poll branding Dubai ‘unsafe

Dubai 31 Mrach 2011 source Arabian Business

The chairman of Jumeirah Group, the state-backed hotel firm that
operates Dubai’s Burj Al Arab, has spoken out against a poll branding Dubai one
of the least safe tourism destinations.

A poll of British holidaymakers published last week placed
Dubai alongside Mexico, South Africa and Jamaica as countries they feel least
safe in, a result condemned by Gerald Lawless.

“You can go into our hotels now and just do a sample of all
of our guests and ask if you think Dubai is safe and 99.9 percent of our guests
will say; ‘Absolutely, it is one of the if not the safest destinations in the
world,’” Lawless told Arabian Business
on the sidelines of a Dubai event…continue reading

To end the confusion about the Alcohol Licence requirement in UAE please read the Update quoted from the Website www.dubaifaqs.com

Despite what some people may think, alcohol is relatively freely
available in Dubai (a very stark contrast to Saudi Arabia). Almost all 4
and 5 star hotels have restaurants and or bars where alcohol is served,
and many sports clubs have restaurant and bar facilities for example
the Aviation Club, the Country Club.

Alcohol Licence requirement in UAE update January 2011

Whether or not a resident of, or visitor to, the UAE requires an
alcohol licence to drink alcohol has been a common subject of
conversation and confusion in the UAE. As far as we knew, the situation
was as follows:

  • An alcohol licence is permission to drink alcohol rather than permission to buy alcohol (similar to a driving licence).
  • Tourists and visitors to the UAE do not need an alcohol
    licence to drink alcohol in bars, restaurants, and other licenced
    establishments in the UAE
    they cannot obtain one anyway since a UAE
    residence visa is a requirement to obtain an alcohol licence.
  • Visitors
    drinking alcohol in private homes was always a grey area – no one really
    knows if that is (or was) legal or not (update: apparently it’s illegal
    – see below)
    .
  • Expat residents of the UAE need an alcohol licence to be
    allowed to drink alcohol, whether in hotels, restaurants, bars,
    nightclubs; or at home; or at private houses belonging to friends and
    acquaintances.
  • The question of UAE citizens requiring an alcohol licence is
    moot since all UAE citizens are Muslims, and Muslims are not issued
    alcohol licences.

A report in The National on 27 December 2010 clarified the confusion (or confused the clarification) by saying Federal
law makes it illegal to consume alcohol in the UAE without a licence –
whether at home or in a hotel, and this applies to both residents and
tourists, according to the Abu Dhabi-based lawyer Khalid Mustafa.

  • The lawyer gave as an example a situation where a taxi has an accident, and the passengers had consumed alcohol: “The
    police would take them to the police station and test them, if they are
    shown to have drunk alcohol, they would be held on suspicion of
    drinking alcohol.
  • Thus reinforcing the Land-of-Irony image of the UAE – how
    can a tourist drink alcohol legally in the UAE if they cannot obtain a
    licence? The answer (as with many other irony-clad situations in the
    UAE) is that you can’t but don’t worry about it unless you’re very
    unlucky or very stupid.
  • An unnamed judge in Dubai in the same report confirmed the confusion by saying “The licence and the law are confusing,
  • A 24 January 2011 report in The National clarified things even further by reporting an unnamed CID official as saying “If
    I walk into a hotel or bar and I can see that the people drinking are
    Muslims, as a security official, I do not have the right to arrest them.

    And also reporting that Even if a someone were walking in the street
    and was clearly drunk but did not have the alcohol with him and was not
    causing problems, police would not arrest him, the officer said
    .
    Which seems to contradict many anecdotal, and media, reports of people
    who have in fact been arrested while appearing to be drunk in public,
    and in some cases not appearing to be drunk but suspected of having had a
    drink. Be careful out there.
  • However, the report did start off by saying Police will
    not arrest anyone for alcohol violations unless some other crime has
    been committed, despite unambiguous laws on the books, according to a
    top police official in the capital
    . Which by and large seems to sum
    up the situation in the UAE. Drinking alcohol per se won’t get you in
    to trouble, but if you do something else to attract the attention of the
    authorities, or are blatantly drinking or drunk in public, then you
    will probably suffer an alcohol related penalty involving a fine (up to
    AED 5,000?), and/or jail (up to 5 years reportedly), and/or deportation.

 

Posted in 7starsdubai, Alcohol Dubai, Detained in Dubai, Dubai, Dubai law, Dubai Tourism, Tourism Dubai | Tagged: , , , | Comments Off on Dubai Tourists – Alcohol Licence requirement in UAE update January 2011

Dubai Criminal Court fresh reports – Nakheel executives accused of receiving bribes

Posted by 7starsdubai on May 22, 2010


source Emirates Business

Dubai, 21 May 2010

An expert of the Financial Audit Department, Mohammed Mustafa Hussein, yesterday sent two new files to the Dubai Criminal Court hearing the case of Nakheel seafront. The court adjourned the case to June 15.

The Public Prosecution had accused the executive, commercial and legal directors of harming the company’s interest by selling land at a price lower than the market. The three made a profit of Dh44.1 million.

The day before, four defendants accused of receiving bribes and harming the interest of Nakheel, told the court that they wanted to listen to prosecution witnesses, especially Dubai World accounting expert Mohammed Abdullah Al Rawahi, who compiled the audit report. The court adjourned the case to June 10.
continue reading…

Posted in Dubai court, Dubai Criminal Court, Dubai law, Nakheel | Tagged: , | Comments Off on Dubai Criminal Court fresh reports – Nakheel executives accused of receiving bribes

Dubai dream trip turned into a nightmare for Charlotte

Posted by 7starsdubai on May 10, 2010


source Mirror UK
Human Rights Dubai !

Staring down the police station stairs into the stinking hellhole below, Charlotte Adams retched. Just a few hours before, the young Briton had been enjoying a relaxing holiday in the sun-seekers’ resort of Dubai.

But her dream trip turned into a nightmare when Charlotte, 26, found herself flung into a filthy police cell – just for kissing a male friend on the cheek.

It was the start of six months of hell, in which she eventually begged to serve a 23-day prison sentence for “indecency” – alongside murderers and prostitutes – rather than remain in limbo in Dubai while trying to appeal.

On Friday Charlotte was tearfully reunited with her mum Lorraine, 48, after touching down at Heathrow airport.

A few hours later she was back home at Mersea Island, Essex, and hugging twin brother Chris and sister Emma, 20.

In her first interview since being released Charlotte told the Sunday Mirror: “I never, ever imagined, in a million years, something like this would happen – it just seems so unjust. It is so good to be back. I’ve thought of nothing else for the past few months. The hardest part was having my freedom taken away. I’ve been stuck in Dubai since November knowing that what I was guilty of was such a small, harmless gesture.”

Charlotte spent a hellish 23 days in a cell with eight other women – only let out to see sunlight for 20 minutes twice a week.

She had travelled out to Dubai to visit a group of British friends, after splitting from her boyfriend in London and quitting her job as an estate agent.

But a night out with pals at a burger bar sparked a police inquiry that pushed her to the brink.  continue reading

Posted in Dubai law, Tourism Dubai | Tagged: , , , , , | Comments Off on Dubai dream trip turned into a nightmare for Charlotte

Dubai Nakheel Manager facing fraud charge 

Posted by 7starsdubai on April 23, 2010


original published The National

DUBAI // Five Nakheel marketing employees and a Ghobash Trading executive have been charged with defrauding Dubai World of more than Dh630,000 (US$171,500) through a bogus marketing deal.

The Emirati marketing manager A J, 35; his Lebanese deputy A M, 38; the Indian executives R S, 39, and J R 56; the Pakistani administrator O M, 27; and the Emirati Ghobash executive A K, 53, were charged with accepting bribes, damaging the public purse, forgery and aiding and abetting a crime using public funds.

They are being tried as public officials, which could earn them heavier sentences if convicted. The marketing manager allegedly accepted a Dh250,000 bribe to execute a phoney deal involving Montblanc gift items.

Posted in Dubai law, Fraud Dubai, Nakheel | Tagged: , , , | Comments Off on Dubai Nakheel Manager facing fraud charge 

Dubai Former Minister of State suspended sentence for fraud

Posted by 7starsdubai on April 13, 2010


original source The National

DUBAI // Khalifa Bakheet al Falasi, a former minister of state, has
received a suspended one-year prison sentence after being found guilty
of defrauding a Lebanese woman of her family’s Dubai-based business.

The
verdict of the Dubai Court of Cassation brought an end to a long case
that has twice been before the emirate’s highest appellate court.
continue reading

Posted in Dubai, Dubai law | Tagged: , | Comments Off on Dubai Former Minister of State suspended sentence for fraud

From Wall Street Journal: Dubai Moral Crackdown Is Tourism Kiss of Death

Posted by 7starsdubai on March 19, 2010


source wall street journal By Stefania Bianchi Of ZAWYA DOW JONES
DUBAI (Zawya Dow Jones)
Two British holidaymakers facing a month in jail in Dubai for a kiss are the latest victims of the emirate’s moral crackdown. The sentence is another sign of Dubai’s drive to enforce Muslim values, at the risk of turning away the western tourists who fill its hotels.

“Dubai is in danger of gaining a reputation as a place where you can be arrested for minor incidents,” said Sean Tipton, a spokesperson for the Association of British Travel Agents, which represents more than 5000 travel operators in the U.K. “If this type of attitude continues, Dubai’s tourism industry will be harmed.”

Dubai has grown to become the Persian Gulf’s most popular destination due to its liberal tolerance of alcohol and partying in a region that’s better known for its austere religious values. Billions of tourism dollars may be under threat as Dubai tightens up.

Tourism is crucial to Dubai and accounts for a fifth of the emirate’s economy. Close to 41 million passengers traveled through Dubai International Airport last year, making it one of world’s fastest growing. Emirates Airline, Dubai’s flagship carrier, indirectly contributes just over $10 billion to the sheikdom’s economy each year.

A spokesperson for Dubai’s Department of Tourism & Commerce Marketing couldn’t be reached for comment.
continue reading

Read also:   CNN  Dubai kiss court case highliths Culture Clash
                  AFP Emirates Airlines Crew in Dubai jailed for love SMS
                 

Posted in Dubai, Dubai law, Tourism Dubai | Tagged: , , , | Comments Off on From Wall Street Journal: Dubai Moral Crackdown Is Tourism Kiss of Death

Dynasty Zarooni Executives charged with defrauding 25 Million

Posted by 7starsdubai on February 18, 2010


original published GulfNews

Gulf News obtained a copy of the arraignment sheet, in which K.M. was charged with offering the businessmen to multiply their money through a bogus investment portfolio. Records said the Indian told the businessmen to provide a monthly payment of Dh300,000 to be invested in real estate projects offering a monthly revenue of Dh1 million starting from the seventh month. KM allegedly got the claimants trust the feasibility of the portfolio by advertising in newspapers and the internet.

The Public Prosecution also charged M.H.Z. and R.Q. with aiding and abetting K.M. by confirming his claims, the act which allegedly resulted in cheating the claimants.

continue reading…..


Real estate fraud

Gulf News also learnt that prosecutors dismissed the charges of real estate fraud, worth hundreds of millions of dirhams, against the suspects for lack of crime.

Al Shaali appealed the dismissal of the real estate fraud charge.

An appeals judge is looking into this plea.

“The jury is only responsible for prosecuting the suspects on the charges of swindling and establishing a bogus investment portfolio … I will not accept any real estate fraud case or complaint,” concluded Presiding Judge Abdul Majid, who adjourned the case until March 10.

According to the charges sheet, K.M. told prosecutors that he bought the properties, which the businessmen described as bogus and non-existent, from developers and he was authorised to sell them. He presented contracts and documents to prove that he was authorised to do so.

Dynasty Zarouni’s chairman claimed in his statement to prosecutors: “Due to the global financial crisis, some of the businessmen’s cheques bounced and when he presented the bad cheques to the police, they complained against him.”

Posted in Al Fajer Properties, Dubai, Dubai law, Dubai Property Investors, Dubai Real Estate Scandal, Dynasty Zarooni, Fraud Dubai, Lawsuit Dubai | Tagged: , , , | Comments Off on Dynasty Zarooni Executives charged with defrauding 25 Million

Dubai Police will issue an arrest warrant against Benjamin Netanyahu if Mossad is behind Dubai killing

Posted by 7starsdubai on February 5, 2010


continue reading

Posted in Dubai, Dubai law | Tagged: , , , , | Comments Off on Dubai Police will issue an arrest warrant against Benjamin Netanyahu if Mossad is behind Dubai killing

British rape victim back in UK after a four-week nightmare in Dubai

Posted by 7starsdubai on February 4, 2010


continue reading..

read also : Los Angeles Times
and ….. Huffingtonpost

Posted in Dubai, Dubai law | Tagged: , , , | Comments Off on British rape victim back in UK after a four-week nightmare in Dubai

New Law – Protection for Dubai Property Investors

Posted by 7starsdubai on January 24, 2010


New Dubai Land Law – Property refunds
original source The National / by Bradley Hope

Property investors in Dubai will be eligible for refunds or replacement property if they fall victim to unscrupulous or failing developers, under laws planned for this year.

And developers will face new financial penalties if the buildings they promise are not delivered on time, or to agreed specifications.

Details of the proposed laws were revealed in a newsletter from the law firm Al Tamimi and Company, which ran a dialogue between Lisa Dale, the head of the firm’s property practice, and Emad Eldin Farouq, a senior legal adviser at the Dubai Land Department.

“There are lessons to be learnt from the crisis and we are emerging with a new legal regime,” said Mr Farouq. “Loopholes in laws are being dealt with and things will become more organised in 2010.”

As more buyers default on their payment plans and developers fail to deliver buildings on time, legal disputes are expected to remain a dominant theme in the UAE this year, lawyers say.

“2010 is still the year of fighting,” said Michael Lunjevich, the head of the property practice at Hadef and Partners. “It will be about consolidations, legal claims, liquidations and insolvencies. The market needs to clean itself out.”

The most significant elements of the proposed legislation in Dubai relate to the protection of property investors, including the refund or replacement property for buyers where the developer delivers a defective property, and financial penalties for late delivery.

The laws would also establish the grounds on which a purchaser can demand cancellation of the contract if, for instance, the developer refuses to link payment plans with construction milestones.

“The investor protection law is being proposed to deal with some specific issues identified last year, where investors needed further assistance in dealing with errant developers,” Ms Dale said.

Another element of the legislation would allow Emiratis with land granted to them by the Government to convert it to a freehold title, allowing them to sell it to another Emirati or GCC national, or mortgage the property, she said.

“The granted land system is a tradition in the UAE, enabling nationals to have access to lands for the purpose of building their home or business premises,” Ms Dale said.

“However, the system is quite limiting, as there are restrictions on transacting with such land. If you upgrade your title from granted to freehold, you can sell the property to other UAE or GCC nationals, or you can put it into a property fund or mortgage it. It becomes a much more flexible asset.”

The Dubai Land Department also plans to begin regulating property valuers and conveyancers by requiring them to obtain licences, and to create a law to oversee property brokers who handle trust accounts for property deals, Ms Dale said.

The department has created a draft law that would provide a regulated structure for establishing and managing property funds, which would “potentially provide a boost to the Dubai real estate market by generating an increased level of collective investment activity”, she said.

Mr Farouq said in an interview yesterday that the Dubai Land Department was seeking to raise its number of lawyers to 15 from 10, and bring on board more property experts to help deal with the overflow of cases that have arisen from the slowdown in the property sector.

Planned laws welcomed, b4

But the wider problem for clearing the system of legal disputes is the relatively uncertain nature of property legislation in Dubai.

Last year, the authorities announced Law No. 9 as a definitive system for determining what happens in the event of a buyer default, but the regulations spelling out the specifics of the law have yet to come out.

Alexis Waller, the head of the property practice at Clyde and Company, said developers and investors in Dubai faced a “change-of-law risk”.

“You could do something today that could be impacted by a new law later,” Ms Waller said. “We are operating in a jurisdiction where there are a lot of grey areas.”

Posted in Dubai, Dubai law, Dubai Legal - Real Estate Lawsuits, Dubai Property legal | Tagged: , , , | Comments Off on New Law – Protection for Dubai Property Investors

Dubai Immobilien – Zwangsvollstreckungen – Barclays Plc gewinnt in Gerichtsverfahren

Posted by 7starsdubai on January 12, 2010


original Wirtschaftsblatt at

Die Bank Barclays Plc hat vor einem Gericht des Emirats die ersten Gerichtsverfahren für eine Zwangsvollstreckung gewonnen. Damit ist der Weg frei für die Gläubiger von Eigenheimkrediten im Volumen von rund 16 Mrd. Dollar (11 Mrd. Euro), bei säumigen Schuldnern entsprechende Maßnahmen zu ergreifen. Die größte Hypothekenbank des Emirats, Tamweel PJSC, hat mehrere Zwangsvollstreckungsklagen laufen und schätzt den Anteil der notleidenden Hypothekendarlehen im Portfolio auf drei Prozent.
mehr....

Posted in Dubai, Dubai law, Dubai Property legal, Property Lawsuit Dubai, Real Estate Scandal Dubai | Tagged: , , | Comments Off on Dubai Immobilien – Zwangsvollstreckungen – Barclays Plc gewinnt in Gerichtsverfahren

Sheikh Mohammed issued tough penalties for fraud – bringing confidence back to Dubai

Posted by 7starsdubai on December 30, 2009


original source sheikhmohammed.com

The law is effective immidiately and will be published in the official gazette.

more:  www.sheikhmohammed.com
read also: KhaleejTimesOnline   “Anti-fraud Law Made Tougher”
read also Gulf News
Powered by ScribeFire.

Posted in Crime, Dubai, Dubai law, Fraud Dubai, Sheikh Mohammed bin Rashid Al Maktoum | Tagged: , , | Comments Off on Sheikh Mohammed issued tough penalties for fraud – bringing confidence back to Dubai

 
%d bloggers like this: