by Danissa Guotana | Sep 1, 2023 | Business
Family offices and ultra high net-worth individuals (UHNWIs) are expected to contribute $500 billion to the UAE economy by 2026, a new report finds. This figure accounts for an anticipated 46 percent increase in financial wealth within the next three years,...
by Danissa Guotana | Aug 31, 2023 | Business
Dubai: It’s the start of a brand new chapter for all cryptocurrency businesses in Dubai, as they operate as licensed – and fully regulated – entities by the emirate’s virtual assets regulator. The transition means businesses engaged in crypto-assets need to show they...
by Danissa Guotana | Aug 28, 2023 | Business
Dubai World Trade Centre Authority Free Zone has reported that licence renewals surged by over 250 per cent in H1 2023, rising from 254 to 892 renewals. The free zone welcomed 322 new companies to its growing international community of over 2,000 companies, recording...
by Danissa Guotana | Aug 23, 2023 | Business
The UAE is preparing to host COP28, one of the most significant annual climate summits, with over 70,000 global participants from November 20 to December 12 in Expo City Dubai. The summit’s primary focus is to accelerate actionable strategies to combat climate...
by Danissa Guotana | Aug 22, 2023 | AML
The UAE’s Ministry of Economy on Monday said it imposed administrative penalties on 225 companies with a total value of about Dh76.9 million this year to ensure compliance regarding combating money laundering and terror financing. It suspended 50 establishments also...
Recent Comments