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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
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
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
ADGM-based foreign funds could be required to file periodic reports in proposal of tightened oversight
While domestic funds already report under Chapter 16, the new rules expand scrutiny to mitigate systemic risks
Businesses in freezones can now more easily expand into mainland Dubai
A new resolution allows DET to issue licenses for businesses to expand operations
Abu Dhabi allows firms to operate without physical premises for first year
The exemption applies to 1k economic activities across various sectors
Abu Dhabi issues new regulations for environmental violations
PLUS: New proposal for robo-advisory regulations
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