by PREMA Team | Jan 25, 2024 | Uncategorized
Dubai’s Virtual Assets Regulatory Authority (VARA) has solidified its position as a global leader in the virtual assets industry, according to its recently released annual report. In 2023, VARA focused on establishing Dubai as a responsible hub for regulated...
by PREMA Team | Jan 22, 2024 | Business
The recent approval of 11 Bitcoin Exchange Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC) marks a new era of legitimacy and potential growth for the largest cryptocurency, analysts and experts said. According to experts this move is expected to...
by PREMA Team | Jan 15, 2024 | Business
UAE tax authorities have been given access to credit reports as they seek compliance and accurate reporting in the country. The Federal Tax Authority (FTA) has signed a membership agreement with Etihad Credit Bureau, the federal entity mandated with...
by PREMA Team | Jan 12, 2024 | AML
The UAE’s Central Bank (CBUAE) has cancelled the licence of First Insurance Brokers Company, an insurer operating in the UAE, and struck its name from the register for failing to comply with an Insurance Authority Board of Directors resolution. The bank said First...
by PREMA Team | Jan 5, 2024 | Business
Saudi Arabia’s regulation for foreign companies to set up regional headquarters in the kingdom will support the country’s non-oil economy and improve job creation in the Arab world’s largest economy, according to analysts. The...
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