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China Southern Glass to open AED 300 mn Kezad facility + Emirates Float Glass to double capacity
Plus: Omniyat launches AED 5 bn tower on Sheikh Zayed Road
Gulf heirs reshape and relocate wealth to the UAE
Still, portfolios of riskier assets remain more conservative than in the West
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
THIS MORNING: Dubai’s bubble risk rises amid looming supply glut, less affordable prices + BYD to roll out hundreds of fast chargers in the UAE
Plus: UAE is one of the world’s top five destinations for crypto investors, according to Henley & Partners
Work underway on AD Ports’ USD 250 mn Angola port upgrade
Plus: Presight to support Azerbaijan’s AI drive
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
Crypto treasuries face test as altcoins challenge BTC’s dominance
Some 190 listed firms globally now hold BTC on balance sheets
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