#Regulation

DFSA says company licencing rose by 35% in 2023

Dubai regulator DFSA posts 25% increase in licencing in 2023

The financial regulator registered a 50 per cent year-on-year increase in licence applications across all business models

Mubadala’s Fortress bid secures US regulatory approval

Mubadala Capital’s $3bn Fortress bid clears key US regulatory hurdle: FT reports

The approval comes as Mubadala agreed to let Fortress commit to keeping technology and data in the US

How the UAE is fostering fintech innovation

How the UAE is cementing its fintech hub status

Jason Hughes, senior executive officer of eToro Middle East tells us that Abu Dhabi offers a supportive business ecosystem and a fertile investment landscape that drives growth

US SEC gives bitcoin ETFs the green light

US SEC approves bitcoin ETFs in watershed for crypto market

The regulator approved 11 applications, including from BlackRock, despite warnings from some officials and investor advocates that the products carried risks

casino

Casino update: Dubai awards biggest island construction contract to house MGM, Bellagio

Located off the coast of Umm Suqeim, The Island is expected to feature major casino properties with 1,400 hotel rooms and apartments

Abu Dhabi launches fundraising policy

Abu Dhabi’s Department of Community Development enacts fundraising policy

The policy regulates all fundraising activities including collecting, receiving, and presenting in-kind and cash donations in the city

Gavin Aspden PwC ethics and accountability

Accountability: Building trust and ethics in the digital age

With clear ethical frameworks and accountability in place, businesses can have the confidence that they are acting morally and ensure trust is maintained by protecting their data

Power Letters 2023: Arif Amiri, CEO, DIFC Authority

Power Letters 2023: Arif Amiri, CEO, DIFC Authority

In 2023, we will continue to focus on expanding our influence to become the largest ecosystem of financial services, technology and innovation in the region

Bicycles and electric bikes

Abu Dhabi: Violators of bicycles, electric bikes regulations to face fine b/w Dhs200-500

The goal is to implement the highest standards of security and safety

Hawala operators in the UAE must register before December 2 to avoid penalties

Relevant legal actions will be taken for non-compliance

gavel

Financial tribunal delivers verdict against Al Masah; issues statement regarding Shailesh Dash

The tribunal noted that Shailesh Dash exhibited “a formidable mastery of the arguments”