Articles from the author

Offer them ‘credits’ that would directly bring down their cost burden

This is what will serve its economy through the many upswings and dips

Such an approach should be tried out in getting more UAE nationals into private sector

Where the sector is providing credit to boost its own sales, there must be oversight

Changes in this regard within UAE’s real estate sector will be a force for greater good

Data should remain a private right and not be at the mercy of sales agents

Well-capitalised and pre-approved entities can provide the needed expertise and capital

This will guarantee that both sides in a transaction get to have a fair hearing

An US-style Resolution Trust Corporation could be the ideal solution under the circumstances

The legal profession in the UAE should do its part in reversing this trend

Discrepancies between contractual obligations and practice should be nipped right in the bud

Regulations and processes are in place to effect timely interventions by courts