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
Verition manages approximately $7.3bn across its strategies, with over 400 employees globally
The global investment firm has secured DFSA licence to locally service and advise clients
Real estate investors looking to leverage the boom in the UAE market without committing to a large outlay can use REITs to earn high yields
The campus will be home to entrepreneurs, disruptors and engineers who possess passion for emerging technologies
The AccelerateHER network has successfully mentored over 100 women through more than 200 mentorship pairings and 120 workshops
The joint initiative aims to encourage national talent, drive innovation and entrepreneurial growth
The enactment of the new regulations supports the DIFC Launchpad by providing a legislative framework for venture building
Dubai is home to more than 55,000 high net-worth individuals and over $3tn of private wealth is within an hour’s flight of the city
The programme supports efforts to realise the financial centre’s 2030 strategy to catalyse economic growth
Dubai International Financial Centre is offering reduced licensing fees and capital requirements for hedge funds domiciling a domestic fund
The financial centre registered the highest number of new firms – totalling 1,084 – last year