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The DIFC just removed the eligibility rules that kept its Cayman-style holding structure gated
The timing couldn’t be better: family offices are exactly who Dubai needs to reassure after 2Q’s foreign outflows
THIS MORNING: Adnoc could close Covestro acquisition before early December + DMCC to develop new financial center
Plus: UAE to hand over 60% of revenues from Islamabad Airport in takeover?
Jewelry powerhouse Damas acquired by Indian jeweler Titan
The transaction is valued at AED 1.04 bn
Good news for stablecoin investors
The amendments offer more flexible regulations for investing in unrecognized crypto tokens and stablecoins
Dubai clarifies foreign bank tax levies post-corporate tax
Foreign banks licensed to operate in the DIFC are exempted from the 20% levy