Check here to know the latest developments in UAE
Gold sourcing controls to be implanted in UAE’s AML Laws
Traders have been flocking to the United Arab Emirates for almost a century in quest of commodities and gold.
UAE: New modifications to Cheque Regulations
The latest revisions to the cheque provisions will take effect on January 2, 2022, according to the UAE’s apex bank, the Central Bank.
M&A demand is expected to flourish in UAE’s Healthcare
The healthcare industry in the UAE has grown dramatically over the last decade, as indicated by the increasing number of hospitals and clinics around the nation.
UAE; The first country to adopt four and a half day work week
The UAE has come up with a historic move with respect to its week-off policy. The country is planning to move towards a four-and-a half-day
UAE set to roll out Green Visas targeting Foreign Citizens
Foreign citizens make up a large portion of the UAE’s population and are vital to the country’s economy. The government of the UAE is implementing
AML/CFT Fresh Guidance issued by UAE Central Bank
The Central Bank of the UAE (CBUAE) has issued fresh anti-money laundering and counter-terrorist financing (AML/CFT) guidelines to Registered Hawala Providers
Dubai Advances in the Capital Value Growth Rankings
As per the saying, necessity is the mother of invention, and so it is with the COVID-19 pandemic, which has provided Dubai with a platform to increase..
100% foreign ownership on UAE mainland effective from June 1st
News regarding complete ownership to foreign nationals on UAE mainland has been circulating for a while now.
AML and CFT Registration deadline in UAE Extended till April 30
The Ministry of Economy has extended the deadline for registration of AML and CFT till the end of April for “Designated Non-Financial Businesses and Professions” (DNFBP`s).
VAT Applicable for Services Provided by Artists and Influencers in UAE
Artists and influencers in UAE will not be exempted from VAT anymore. The FTA has come up with a bulletin that discusses about the applicability of VAT on artists and...
UAE Extends Anti-Money Laundering (AML) Compliance date for selected Businesses
As an attempt to control the financial crimes that are on the rise, the UAE Ministry of Economy has extended the period for the businesses
Oman Introduces New Employment Security System
Oman has recently published a new law regarding compulsory insurance for Omani nationals in situations where employment is terminated for purely business reasons.
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