{"id":95161,"date":"2024-08-27T00:00:00","date_gmt":"2024-08-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/new-cold-call-regulations-come-into-effect\/"},"modified":"2024-08-27T00:00:00","modified_gmt":"2024-08-27T00:00:00","slug":"new-cold-call-regulations-come-into-effect","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/08\/27\/new-cold-call-regulations-come-into-effect\/","title":{"rendered":"New cold call regulations come into effect"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>The news cycle remains relatively quiet compared to UAE standards, but we don\u2019t expect that to last too long with September on its way. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home<\/strong> is Mubadala\u2019s USD 680 mn acquisition of biopharma firm UCB\u2019s neurology and allergy business in China \u2014 part of an ongoing expansion of investments in Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2043.jpg?ssl=1\"><\/a> <\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Starting today, cold callers will need to be careful with how and when they make <\/strong><strong>telemarketing calls<\/strong>, as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/46bf73e3-16de-43e6-952a-9aa833f6114e\/uae-tightens-regulations-around-cold-calling\" style=\"\" rel=\"noopener\">recently introduced<\/a> Telecommunications and Digital Government Regulatory Authority guidelines come into effect. Unlicensed cold calling activity and telemarketers who repeatedly call uninterested customers will face fines of up to AED 150k. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- The mercury peaks at 40\u00b0C in Dubai<\/strong>, before cooling to an overnight low of 33\u00b0C. <strong>Over in Abu Dhabi<\/strong>, the hottest it will get will be 35\u00b0C, with an overnight low of 33\u00b0C. <\/p>\n<p class=\"tag-border-left\"> PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Dubai to launch four new metro link bus routes, tweak existing ones: <\/strong>Dubai\u2019s Roads and Transport Authority (RTA) plans to launch four new metro link bus routes and modify some existing routes on 30 August, according to Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/august\/26-08\/rta-launches-new-metro\" style=\"\" rel=\"noopener\">media office<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The new routes:<\/strong><\/p>\n<ul>\n<li><strong>The new F39<\/strong> route will run between Etisalat Bus Station and Oud Al Muteena Roundabout Bus Stop 1. <\/li>\n<li><strong>Route F40<\/strong> will operate between Etisalat Bus Station and Mirdif, Street 78.<\/li>\n<li><strong>Route F58<\/strong> will run between Al Khail Metro Station and Dubai Internet City.<\/li>\n<li><strong>Route F59<\/strong> will operate between Dubai Internet City Metro Station and Dubai Knowledge Village.<\/li>\n<\/ul>\n<p class=\"tag-border-left\"> HAPPENING THIS WEEK- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New fuel prices coming this week: <\/strong>Fuel prices for September are set to be announced by the UAE government this week. August <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b2bdb852-0cea-4b57-abce-258ebff26f86\/%253cmark%253efuel-prices%253c%2Fmark%253e-hiked-in-august-%2B-is-adia-closer-to-acquiring-a-stake-in-haldiram%3F\" style=\"\" rel=\"noopener\">saw a hike<\/a> in fuel prices, after most of them dropped for two consecutive months.<\/p>\n<p class=\"tag-border-left\">UPDATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based Telegram\u2019s founder and CEO \u2014 and Emirati citizen \u2014 Pavel Durov\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/61b586f1-0cbf-43d3-9955-1cd6fe63a9d2\/uae-to-attend-development-road-summit-later-this-week-%2B-nmdc-greenlights-epc-unit-ipo\" style=\"\" rel=\"noopener\">arrest<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/61b586f1-0cbf-43d3-9955-1cd6fe63a9d2\/uae-to-attend-development-road-summit-later-this-week-%2B-nmdc-greenlights-epc-unit-ipo\" style=\"\" rel=\"noopener\">in France<\/a><\/strong><strong> is due to allegations that the messaging app failed to combat the spread of multiple crimes<\/strong> including drug trafficking and child abuse, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/pavel-durov-has-nothing-hide-telegram-says-arrested-founder-2024-08-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> quotes French prosecutors as saying. Durov is currently being interrogated, after his detention was extended from 24 to up to 96 hours, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-26\/telegram-ceo-held-over-alleged-child-protection-failures-on-app\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE said it is \u201cclosely following\u201d Durov\u2019s case and is working to provide him with consulary services<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/1436rwz-uae-closely-following-case-pavel-durov\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Toncoin, the token of Telegram\u2019s blockchain platform <a target=\"_blank\" href=\"https:\/\/ton.org\/\" style=\"\" rel=\"noopener\">The Open Network<\/a>, slid more than 20% after Pavel Durov was taken into custody.<\/p>\n<p class=\"tag-border-left\"> DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#1- The government collected some AED 15.3 bn in corporate tax revenue<\/strong><strong>s from companies making more than AED 375k in annual income<\/strong><strong> in 1H 2024,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2024-08-26\/15-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D8%B1%D9%87%D9%85-%D9%85%D9%86-%D8%A7%D9%84%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D8%A7%D9%84%D9%86%D8%B5%D9%81%D9%8A%D8%A9-%D8%AA%D8%AD%D8%AA-%D8%A8%D9%86%D8%AF-%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Al Khaleej<\/a> reported, citing data it gathered. Listed companies saw their net income hit a total of AED 117 bn in 1H 2024 after the 9% tax. The tax regulation, which imposes a 9% tax rate on said companies, was first introduced in mid-2023. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The digital value-added tax (VAT) refund platform processed 2.7 mn requests <\/strong><strong>from tourists in <\/strong><strong>1H 2024<\/strong>, up from 2.55 mn in the same period last year, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b4vacy0-fta-reports-27-million-tax-refund-requests-from\" style=\"\" rel=\"noopener\">Wam<\/a> reported, citing figures from the Federal Tax Authority. The digital VAT refund service for tourists has logged a total of 19.67 mn requests since its inception in 2022.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The international business press can\u2019t agree on a story with which to lead this morning\u2019s<\/strong><strong> front pages<\/strong>, giving us instead a rather mixed bag. Among the stories and headlines getting top billing: <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Russia launched a barrage of missiles at Ukraine<\/strong>, targeting the country\u2019s energy and water infrastructure in what Kyiv said appears to be a tactic from Moscow to hit water and heating infrastructure ahead of the winter months. The missile attacks from Russia come after Ukraine\u2019s invasion of Russia\u2019s western Kursk region this month, which marked a significant victory for Ukraine 2.5 years into their war. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/russia-launches-drone-attack-kyiv-ukraines-military-says-2024-08-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-26\/ukraine-s-air-force-says-russia-launches-drone-missile-barrage\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/08\/26\/world\/europe\/russia-ukraine-missiles-kyiv.html\" style=\"\" rel=\"noopener\">New York Times<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Skydance looks set to acquire Paramount<\/strong> after American businessman Edgar Bronfman Jr. decided to drop a bid to buy the studio. Bronfman \u2014 who previously served as CEO of Warner Music Group \u2014 raised doubts on his ability to secure the financing necessary for a USD 6 bn bid for Paramount before the deadline to submit a final offer tomorrow. The <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/media\/edgar-bronfman-drops-bid-for-paramount-paving-way-for-skydance-deal-71c6bed2\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> and <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/08\/27\/media-exec-bronfman-pulls-out-of-race-to-acquire-paramount.html\" style=\"\" rel=\"noopener\">CNBC<\/a> have the story, and the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/08\/24\/business\/dealbook\/edgar-bronfman-paramount.html\" style=\"\" rel=\"noopener\">New York Times<\/a> also has more on Bronfman and the dynamics at play in the bidding dance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Apple is hosting a press event on 9 September, at which the company is expected <\/strong><strong>to unveil new iPhone and Apple Watch models.<\/strong> Analysts <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-08-11\/iphone-16-preview-bigger-screens-new-colors-camera-button-ai-and-a18-chip-lzpk5495\" style=\"\" rel=\"noopener\">don\u2019t expect<\/a> the upcoming iPhone 16 will be significantly different from its predecessor, save for <a target=\"_blank\" href=\"https:\/\/www.macrumors.com\/2024\/07\/25\/iphone-17-pro-max-48mp-telephoto\/\" style=\"\" rel=\"noopener\">redesigned cameras<\/a>. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/08\/26\/apple-announces-iphone-event-for-sept-9.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>du\u2019s annual tech event <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.idc.com\/mea\/events\/71076-envision\" style=\"\" rel=\"noopener\">Envision<\/a><\/strong><strong> will take place on 5 September at the Atlantis the Royal <\/strong><strong>in Dubai, <\/strong>the Emirati telecom company said in a statement picked up by <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/du-announces-the-second-edition-of-envision-um6a3yui\" style=\"\" rel=\"noopener\">Zawya<\/a>. The event will host policymakers and industry leaders to explore the use of 5G, cloud, AI, and data analytics across various sectors, including manufacturing, healthcare, education, real estate, banking, transport, and agriculture.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/pppmenaforum.com\/\" style=\"\" rel=\"noopener\">PPP MENA Forum<\/a><\/strong><strong> will take place on 10-11 September<\/strong> at the Jumeirah Emirates Towers in Dubai. Sponsored by the Abu Dhabi Investment Office, the two-day event will bring together senior policymakers, investors, and business executives from the UAE, Saudi Arabia, Kuwait, and Oman to discuss the latest financial and regulatory developments in PPP frameworks and explore means to advance PPP initiatives in the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Corporate tax revenues in 1H 2024 came in at AED 15.4 bn<\/p>\n","protected":false},"author":1,"featured_media":95162,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1543],"tags":[87,7,160,1379,1802,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-dubai","tag-enterpriseam-uae","tag-regulation-watch","tag-tax","tag-telemarketing","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"d3fe4e0a-c78c-48d3-9837-455dba5f9877","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/7\/1177.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: New cold call regulations come into effect","related_issue":[95159],"teaser":"Plus: Corporate tax revenues in 1H 2024 came in at AED 15.4 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.3dbe23bb-fede-4022-b3e4-28f0bc87b403.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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