#DIFC

Dubai's DIFC enacts new regulations for family-owned businesses

Dubai’s DIFC enacts new regulations for family-owned businesses, UHNWIs

The new rules provide guidelines for family businesses holding assets and operating in or from DIFC, in support of their succession and legacy planning for future generations

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

Dubai’s DIFC unveils ‘Metaverse Platform’

The platform will address metaverse policy development and legislation on open data, digital identity and company law frameworks in the metaverse

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

DIFC’s fintech accelerator programme has attracted more than 3,000 applications from all over the world

Habib Bank AG Zurich opens branch in DIFC to expand footprint

Habib Bank AG Zurich opens branch in DIFC to expand footprint

The new branch will offer clients a Swiss platform, with a focus on wealth preservation and legacy planning

Former Abraaj COO reaches settlement with Dubai’s DFSA

Former Abraaj COO reaches settlement with Dubai’s DFSA

Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings

DIFC Gate Building

Dubai’s DIFC, US-based GSSN to develop venture studio models globally

The agreement will see DIFC and Global Start-up Studio Network organise in-person and virtual events for venture studios, and foster collaboration to develop purpose-built frameworks and tools for their use

Dubai’s DIFC records 11% increase in new company registrations in H1 2022

A total of 537 new companies joined the centre in the first half of the year

China’s Grid Giant expands presence through DIFC to advance region’s energy transition

State Grid Corporation of China sets up first office in DIFC

The total overseas investments amount to $23.2bn and its overseas equity capital is approximately $65bn

THE FOOTBALL PARK AT DIFC

DIFC’s new Football Park to offer a ‘one-of-its-kind’ viewing experience of FIFA World Cup matches

Guests can avail a dedicated concierge, a la carte dining package, chauffeur service and the option to watch the games with a celebrity or former football player

luxury e-commerce

An overview of the Middle East fintech landscape

The Middle East has seen an influx of fintech startups, new funding and increased support for existing and new ventures

La Voile Rouge

Restaurant Reviews: French Mediterranean cuisine at La Voile Rouge

La Voile Rouge presents a lavish fine dining experience that transports you to the tropical sceneries and seashore flavours of France

Sheikh Mohammed approves Dubai budget 2023-2025

Dubai: Sheikh Mohammed introduces incentives for property investment funds

The decree covers all real estate investment funds licensed and regulated by government authorities as well as private development zones and free zones

Lord Abett to open office at DIFC receives DFSA nod

Asset management firm Lord Abbett to open its first Middle East office at DIFC

US-based Lord Abbett joins more than 250 leading wealth and asset managers at DIFC

Restaurant Review: Golden-hour at Hutong

Restaurant Reviews: Golden hour at Hutong

Hutong offers contemporary Chinese cuisine in Dubai, Hong Kong, London, New York and Miami

Nasdaq Dubai China

Industrial and Commercial Bank of China lists five bonds worth $2.68bn on Nasdaq Dubai

The note is the first ever carbon-neutrality theme bond issued in the GCC region

Andrea Zampolini Robertos

Our authentic and contemporary Italian cuisine makes us a ‘Dolce Vita’ venue

Italian fine dining restaurant Roberto’s recently appointed Andrea Zampolini as its managing director, he gives us an overview about UAE’s culinary scene

Rapyd DIFC

Fintech Rapyd becomes first DIFC-registered Israeli company

The company plans to hire 120 employees in Dubai across the R&D, product, operations and HR departments within the next 18 months

The Restaurant

Review: The Restaurant and Marea

Two Italian restaurants showcase fine Mediterranean fare with twists on the classics

DIFC-based Tarabut gateway

DIFC-based fintech Tarabut Gateway receives DFSA licence

This licence marks the first time the DFSA has authorised a firm to provide account information services and payment initiation services activities

New artificial intelligence and coding licence launched in Dubai

The licence offered by Dubai International Financial Centre can also serve as a gateway to obtaining UAE Golden Visas

The Arts Club Dubai

In pics: Arts Club Dubai expands, opens new fifth floor

It comprises a 23,000 sq ft rooftop terrace, a late-night lounge named Vega and a cigar lounge called Oscuro

Former Abraaj managing partner Mustafa Abdel-Wadood fined $1.9m by Dubai’s DFSA

Abraaj, which was one of the biggest private equity firms in the MENA region, went into liquidation in 2019

Revealed: Gulf Business Awards 2021 judges

With the 2021 edition of the Gulf Business Awards set to be held later this month, we introduce you to our esteemed judging panel for this year

Dubai Financial Services Authority provides regulatory framework for future of finance

The DIFC is now home to more than 3,200 companies and nearly 28,000 staff, while the DFSA regulates 521 financial services firms

Dubai’s DIFC records 59% increase in new company registrations in H1 2021

A total of 492 new companies joined the financial centre in the first half of the year

Dubai’s DFSA appoints F. Christopher Calabia as new chief

He will succeed Bryan Stirewalt with effect from October 1, 2021

Dubai regulator DFSA hits ex-Abraaj finance chief with record $1.7m fine

Abraaj, which was headed by financier Arif Naqvi, went into liquidation in 2018

DIFC

New DIFC Innovation Hub to spur fintech ecosystem in Dubai

Plans have already been approved to expand the size of the Innovation Hub four-fold to cover 315,000 sq ft

Dubai’s DME introduces new platform to trade multiple crude grades

Dubai’s DME introduces new platform to trade multiple crude grades

FlexxPay raises $3m in pre-series A round to enhance technology platform

FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month