The Rental Disputes Center (RDC) signed a memorandum of understanding (MoU) with DP World during GITEX Technology Week (GITEX) 2018, held at Dubai World Trade Centre until 18 October, 2018.

The MoU was signed by HE Sultan Butti bin Mejren, Director General of Dubai Land Department (DLD), and Sultan Bin Sulayem, Group Chairman and CEO of DP World.

Bin Mejren stressed that DLD and its departments are in close cooperation with DP World via multiple activities, many of which are related to the real estate sector. The MoU is in line with the services DLD provide for companies and individuals to bolster the local economy and helps create the ideal work environment that supports a diverse economy.

Bin Mejren added: “DP World is one of the key players that greatly contributes to diversifying income sources, supporting the Emirate's economy, and spreading its trade mark internationally. This MoU will help save its employees’ time in all real estate transactions, and preserve and benefit from its resources.”

"DP World’s collaboration with RDC will make life easier for business in Dubai and builds on Jebel Ali Freezone’s success in attracting more than 20% of all foreign direct investment flows to the UAE. The agreement will benefit our customers by creating a strong legal environment for companies in the country. The agreement also follows the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who has called for better cooperation between departments and other organisations to help strengthen the existing regulatory framework.”

 

Source: Dubai Land Department