Council Reviews Ministry of Economy's Annual Report and Property Valuation System
What happened
The Shura Council Bureau reviewed reports from the Council's standing committees regarding various submissions made by its members. This review included the Economic and Financial Committee's report on the Ministry of Economy's Annual Report for 2025. A key item addressed was the question posed to the Minister of Housing and Urban Planning concerning the Digital Real Estate Valuation System and the mechanism for determining property value. The Bureau also reviewed a request regarding the Ministry of Transport, Communications and Information Technology's plans for Dibba Airport rehabilitation.
From timesofoman.com
Why it matters
The scrutiny of the property valuation system and the Ministry of Economy's Annual Report provides insight into how government fiscal policy is being reviewed. The questions regarding the Digital Real Estate Valuation System affect how property values are assessed and how infrastructure projects are funded.
From timesofoman.com