Partnership announced at GITEX Global 2025 to enhance data exchange and risk assessment capabilities, positioning Abu Dhabias a trusted global hub for real estate investment

Abu Dhabi, UAE, 28 October 22025 – The Abu Dhabi Real Estate Centre (ADREC) – the custodian and regulator of the Abu Dhabi’s real estate sector – and Etihad Credit Bureau announced the signing of a strategic Memorandum of Understanding (MoU). The partnership aims to strengthen transparency empower investors and developers -driving innovation, and solidifyingAbu Dhabi as a trusted hub for real estate investment

The MoU establishes a framework for cooperation based on mutual benefit, focusing on improving data quality and enhancing financial data and statistics exchange through best practices and joint research. This partnership will enable more comprehensive risk assessments and support evidence-based decision-makingacross Abu Dhabi’s real estate market, ultimately benefiting investors, developers, property managers, and the broader ecosystem.

HE. Marwan Ahmad Lutfi, Director General of Al Etihad Credit Bureau said: “This collaboration marks another milestone in our mission to enhance the depth and value of our credit reports. Integrating the fulfillment of key financial obligations, such as rent and property service charges, adds a crucial dimension to our reporting. This new data strengthens empowerment and actively promotes financial discipline throughout Abu Dhabi’s real estate ecosystem.This partnership not only enriches the comprehensiveness of our credit reports but also enriches the level ofdepth -empowering stakeholders to make informed decisions and reflecting Abu Dhabi’s move toward the global best practice of using credit information in the real estate sector”.

Engineer Rashed Al Omaira, Acting Director General of ADREC said: “This MoU addresses critical data gaps and operational challenges that have long affected stakeholders across Abu Dhabi’s real estate sector. Through strategic collaboration with our federal partners, we are tackling key pain points in data accessibility and risk assessment processes that impact the entire ecosystem. This partnership strengthens our ability to provide the comprehensive insights needed for sound investment decisions and reinforces Abu Dhabi’s reputation as a reliable destination for real estate investment”.

The collaboration will leverage ADREC’s comprehensive real estate market data alongside advanced credit information analysis to create enhanced insights for the sector. This partnership aims to streamline decision-making processes across various real estate transactions and partnerships, from property acquisitions to development financing.

-END-

source

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Malabar Gold & Diamonds Continues its Expansion Drive in India

Malabar Gold & Diamonds Continues its Expansion Drive in India; Opens its…

Festival Bay Welcomes a Spectacular Outdoor Season at Dubai Festival City Mall

Unforgettable experiences await with a vibrant launch event featuring live performances, culinary…

Presight signs strategic MOU with IDEMIA Smart Identity

Dubai, UAE, October 18, 2024 – Presight, the region’s leading big data analytics company powered…

Akuvox to Showcase Advanced Home Intercom, Security, and Automation Solutions at GITEX Global 2024

Dubai, United Arab Emirates – 15th October 2024– Akuvox, a leading global…