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New permit allows Dubai freezone firms to expand to the mainland
Freezone firms holding a Dubai Unified License can apply to expand into mainland jurisdictions
Dubai tightens regulations around engineering consultancies
The law bans unlicensed firms or individuals from offering consultancy services, with violators facing fines of up to AED 100k
DFSA relaxes some crypto rules, including suitability checks and investment caps for funds
Public comments on the consultation are open until 31 October
ADGM proposes crypto staking rules
Feedback is open until 31 October 2025
FSRA mandates filing of periodic fund returns
Public and open-ended exempt funds must file quarterly returns, while closed-ended, qualified investor, and foreign funds must file semi-annual returns
UAE to adopt OECD’s crypto tax reporting framework in 2027
The framework requires governments to share crypto transaction activity with each other on an automatic basis
Higher bar for public fund oversight
Updates include continuous audits, stricter auditor appointments, and stronger data analytics requirements
Adnoc L&S, NMDC partner on offshore rig services
PLUS- NetForChoice launches its first GCC data center in Dubai
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