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THIS MORNING: GulfNav wraps bond sale to fund Brooge M&A play + SCA issues “goodwill” framework for public firms
Plus: Dubai’s Vara eyes gold and DeFi pilots
New Dubai law creates regulatory body, compliance system for contractors
Violations carry fines of AED 1k-100k, with repeat offenses within a year doubling to AED 200k
DFSA proposes more risk and credit rule changes
Public comments on the consultation are open until 5 September 2025
THIS MORNING: Brookfield eyes Palm hotel + No golden visas for crypto investors
Plus: Dragon Oil competes for Egypt’s North July concession
UAE sets rules for hybrid eVTOL-helicopter operations
The regulations come as more air taxis conduct test flights ahead of commercial launch later this year
Robo-advisory gets the green light
The regulation allows digital platforms to offer AI-driven automated investment advice
What’s pushing people (and crypto firms) to Dubai, according to experts
The move has pushed major players to start shifting staff and operations to more crypto-friendly jurisdictions
Dubai greenlights education, air quality, construction policies
A new strategy targets placing Dubai among the world’s top 10 student cities by 2033
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