Ask Private Wealth looks to support wealthy NRI with new office in Dubai’s DIFC
DIFC
Latest in DIFC
DIFC
Transition of wealth, technology and talent are driving the future of finance
Dubai’s ascent as a financial hub is fueled by wealth migration, technological innovation, and talent attraction shaping global economic trends
Agricultural Bank of China
Chinese companies flock to Dubai as UAE-China trade tipped to reach $200bn by 2030
DIFC in Dubai a hub for Chinese investors as UAE and China strengthen business bonds
DIFC
Future Sustainability Summit 2024 in Dubai
Dubai International Financial Centre hosts Future Sustainability Summit 2024
DIFC
UAE’s Aldar acquires tower in Dubai DIFC for $626mn
This is termed as one of the largest acquisitions in the commercial real estate sector
DFSA
Dubai regulator imposes $2.5mn in fines in financial services crackdown
The DFSA finalised eight enforcement actions and issued 24 alerts in 2024
DIFC
Dubai International Financial Centre introduces new laws, amends mortgage rules
DIFC enacts new laws as it tweaks legal process and mortgage application rules in Dubai
DIFC
Rothschild & Co opens Dubai office as it eyes slice of DIFC client’s $3.5tn capital
Sheikh Maktoum meets Rothschild and Co’s Executive Chairman as finance service group expands in Dubai
DFSA
Rokstone opens Dubai office in DIFC
Rokstone handed licence from Dubai Financial Services Authority to operate in DIFC
DFSA
Dubai watchdog DFSA slaps $100,000 fine on marketing firm for misleading financial promotions in DIFC
The regulator imposed a fine of $100,000 (AED367,000) on Vedas Marketing for two violations
Abu Dhabi Securities Exchange
Dubai real estate supply; Emirates named ‘World’s Best Airline’; $100m startup boost; Best Arab universities; Saudi expat job skill tests – 10 things you missed this week
Dubai real estate supply, ‘World’s Best Airline’, $100m startup boost, Saudi expat job skills and more of the top news stories this week
DIFC
Dubai to give 100,000 startups a $100m boost with Ignyte digital platform: Sheikh Hamdan
Dubai digital platform Ignyte will deliver $100m of perks to startups and entrepreneurs
DIFC
Dubai International Financial Centre announces digital assets will and English-language notary service
Dubai International Freezone announces new will for digital assets and major new English-language notary services
DIFC
Billion-dollar telco VEON announces plan to relocate to Dubai
The company will move its HQ from Amsterdam to Dubai
DIFC
Mahindra Insurance Brokers launches reinsurance division in Dubai International Financial City
Mahindra Insurance Brokers opens Dubai International Financial City office
DFSA
Dubai watchdog DFSA imposes almost $1mn combined fine on OCS International Finance and its CEO, citing regulatory breaches
The DFSA fined OCS $720,905 (AED2,645,721) and Thurner $186,003 (AED682,631) after applying a 30 percent settlement discount
DFSA
Ripple secures in-principle approval from DFSA to expand cross-border payment services in UAE
Ripple becomes the first blockchain-enabled payment services provider to be licensed by the DFSA