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THIS MORNING: UAE President to attend GCC-US summit in Riyadh
Plus: Abu Dhabi tightens gas safety rules for buildings
New rules for green readiness in the capital
Businesses must have EAD-approved response plans, trained staff on site, and preventive measures in place under the new regulation
The UAE will record a budget surplus of 1.8% of GDP this year, Emirates NBD says
The bank cites lower oil prices as the reason behind its revision
Dubai gets a new law to regulate its land plot allocation to public entities
The allocation criteria include the urgent need for the land based on economic, security, social, and service factors
Cabinet approves AI-powered regulatory system + Regulatory Intelligence Office
The AI-based system will analyze data to monitor how legislation affects the economy and society in real time
UAE among the most well-positioned in the region to weather the current crisis -EFG Hermes’ Ahmed Shams El Din
Dubai is not exposed to oil prices, so the funding and fiscal side will remain resilient
THIS MORNING: Hello, 2Q + Trump to visit the UAE in May
Plus: Fuel prices are down in April
DFSA moves to slash base capital requirements for fund managers
ALSO- The regulator proposed hiring rule changes for asset managers
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