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Tag Archives: regulations

Dubai making financial regulations easier for business sector

The Dubai International Financial Centre, DIFC, is set to make structuring and financing faster, economical, and more flexible. Under a newly introduced regime, structures such as Intermediate Special Purpose Vehicles and Special Purpose Companies will now be classified as ‘Prescribed Companies’. The new prescribed companies regime expands the previous regime …

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UAE telecoms regulator holding talks with Huawei

The UAE Telecommunications Regulatory Authority, TRA, stressed that all vendors and manufacturers of telecom devices have to protect the consumers’ rights and provide all related services to keep stability of the UAE telecom market. Due to the latest global developments related to Huawei products, challenges in its relation with Google …

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Government amends DIFC laws

Dubai His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has enacted the DIFC Regulatory Amendment Law, No. 06 of 2018. The Law, which amends the Regulatory Law of 2004, will come into force on October 29 and, together with …

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New federal standards for shawarma joints

Shawarma joints across the country will now have to adhere to new standards issued by the Emirates Authority for Standardisation and Metrology (Esma). Esma announced on Saturday that it was enforcing new federal standards that would tighten controls at all stages of preparing the region’s most popular fast-food item. According …

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Ask PW: Real estate disputes

We bought an off-plan property three years ago. Recently we got to see the show villa and discovered that there were changes made to the floor plan without our consent. There are a few other differences between what is promised in the brochure and on the website against what is …

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