Govt policy UAE

Real Estate Investors and Law Firms in UAE Must Report Cash Deals Worth Dh55k and above

As per the latest report circulated recently in the UAE, it is stated that the property agents, brokers as well as all law firms must report cash transactions worth Dh55,000 and above to the UAE’s Financial Intelligence Unit. The Ministry of Economy (MoE) and the Ministry of Justice (MoJ) have developed this new criterion in

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Update related to ESR, AML-CFT and UBO regulations in the UAE

Dealing with the fallout from COVID-19 was not the only thing on the minds of UAE businesses last year. The UAE has been tightening up regulations governing the conduct of business in the country, with far-reaching consequences. What is ESR? The ESR Dubai Regulations were enacted in response to international initiatives aimed at combating harmful

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We the UAE 2031’ Vision- The Next Decade Goals Set by the Government for Prosperous Future

The national plan titled ‘We The UAE 2031’ was recently launched by the government of UAE outlining the country’s path for the next decade. This national plan chiefly focuses on the economy, ecosystem, diplomacy and society. The announcement was made by Dubai ruler and UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum at an

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