by PREMA Team | Apr 21, 2025 | AML
The Ministry of Economy has signed MoUs with several authorities, including the Economic Security Centre of Dubai and the Dubai Land Department. The move aims to strengthen the country’s regulatory framework, improve transparency and enhance the fight against...
by PREMA Team | Apr 18, 2025 | Business
Saudi Arabia is offering tax exemptions and visa support to attract investors to the Kingdom’s Special Economic Zones as it looks to diversify the economy and create a business-friendly environment. Reflecting its ongoing commitment to fostering a dynamic...
by PREMA Team | Apr 17, 2025 | Business
The UAE will develop and monitor laws in the country using a new artificial intelligence system. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced the new legislative process following a meeting of the UAE Cabinet at...
by PREMA Team | Apr 16, 2025 | Business
Abu Dhabi financial free zone ADGM’s regulators have fined virtual asset trading platform Hayvn Group and its related entities a total of $12.45 million for “serious” rules breaches, while also banning its former chief executive from conducting any...
by PREMA Team | Apr 15, 2025 | Corporate Tax
As part of its continued efforts to enhance transparency and ensure robust financial reporting standards for businesses operating in the UAE under the Corporate Tax regime, the Ministry of Finance has issued an updated Ministerial Decision clarifying the requirements...
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