Golub, which had more than $70bn of capital under management as of October 1, has received preliminary approval for a licence to operate out of the Abu Dhabi Global Market
With its decarbonisation strategy, DIFC is aiming to boost its role as leading player in sustainable finance, setting ambitious benchmarks for decarbonisation in financial centres worldwide
The flagship tower, which is set to be completed in 2028, has been acquired from H&H Development, which has other projects in DIFC
The telecom will complete its relocation from the Netherlands – where it moved in 2010 – to Dubai by the end of the second quarter of 2025
The DIFC has been luring global banks, asset and wealth managers, and hedge funds, and it is now seeing rising interest from South African entities
The centre has launched a first-of-its-kind DIFC Funds Centre to support hedge fund spinouts, fund platforms as well as boutique wealth and asset management firms
The UAE is leading the charge in technological innovation and embracing the digital economy through forward-thinking digital asset regulation
More disputes are being heard by the DIFC Courts, while its digital adoption continues to accelerate.
This launch marks a major milestone as the first fund structure to be made available to UAE investors under the new UAE regulatory regime for public funds
The financial regulator registered a 50 per cent year-on-year increase in licence applications across all business models
New insurance and reinsurance company registrations surged by 20 per cent in 2023, including the first re-domiciliation of a Guernsey-based captive
Lunate and Olayan Financing Company will each possess a 24.5 per cent equity interest in ICD Brookfield Place
The new tax regime clarifies that the headline 9 per cent corporate tax will be creditable against the emirate-level tax on foreign banks
In the absence of a well-structured will or trust, beneficiaries in the UAE could encounter several challenges
The new legislation came into effect on March 8 and is available for public access through the DIFC’s Legislative Database
The financial hub said 1,451 new companies commenced operations in the centre last year, the highest number of new registrations in 20 years
The waiver applies to all new and repeat issuers who make a relevant application to the financial regulator
The regulator licenced and registered a record-breaking 117 firms during the 12 months. This reflected an increase of 25 per cent from the previous year.
The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities
The first ever Future Sustainability Forum will be held from October 4-5, at the Ritz-Carlton DIFC
The Swiss bank is expanding its UAE presence as part of a push to tap family wealth and a growing pool of entrepreneurs
Investments in fintech is further accelerating the ongoing pace of fintech innovation globally and in Dubai
Global property consultancy firm Knight Frank has been appointed as the exclusive sales and marketing partner and will be responsible for the sale of the residences
It is home to iconic business brands, and is a landmark destination for events and entertainment
Regulation 10 is the first enacted regulation in the MEASA region on the processing of personal data via autonomous and semi-autonomous systems such as AI or generative, machine learning
The Dubai AI and Web 3.0 Campus is a dedicated campus for AI and Web3 innovation and will provide physical and digital infrastructure within the DIFC Innovation One new premises
More than 100,000 customers have availed residency services and completed medical tests across Smart Salem’s three centres over the past 12 months
The financial centre saw a steady growth in the number of financially regulated firms establishing their base at DIFC
The partnership is expected to bring immense value to startups participating in DIFC Innovation Hub’s various accelerator programmes this year
The inaugural forum will be held at the Ritz-Carlton DIFC on October 4-5