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Crypto Currency Blockchain Business Set Up – DMCC (Freezone)

Blockchain A blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Using this technology, participants can confirm transactions without a need for a central clearing authority. Potential applications can include fund transfers, settling trades, voting and many other issues. Whereas Cryptocurrency can be defined below: Cryptocurrency is a digital currency that is […]

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Beware of Big Ticket Abu Dhabi’s Scammer Account

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The scammer’s page urges Instagram users to ‘send a message immediately and follow the instructions’. The UAE authorities have repeatedly warned the community against interacting with unofficial social media accounts and disclosing personal information online or over the phone, which will then be used by fraudsters to steal money. Nowadays, individuals should be more careful

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Digitisation of RTA Licensing Services

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The mobile eyesight test is operated in a vehicle at a time and place selected by the customer with an additional fee, enabling the instant renewal of the driver’s license. The system enhanced the standards of governance in the car rental business, facilitated the monitoring of operational processes, and elevated the efficiency of inspection and

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New Guidelines for Anti-Money Laundering Issued by CBUAE

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According to the Central Bank, financial institutions are responsible for conducting due diligence on customers, monitoring all transactions processed or conducted through the licensed financial institutions (LFIs) and reporting suspicious transactions to the UAE’s Financial Intelligence Unit to mitigate and manage money laundering and the financing of terrorism risks. The new guidelines issued by the

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How does the new employee insurance affect workers in the UAE?

Articles / admin

Dubai: Earlier this month, the UAE’s Ministry of Human Resources and Emiratisation issued a new resolution introducing the concept of employee insurance in the UAE. ‘Ministerial Resolution No. 318 of 2022 concerning bank guarantees and employees protection insurance scheme’ for private sector employees, made it mandatory for establishments in the UAE to provide either a

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Is it mandatory for employers to provide health insurance in the UAE?

Articles / admin

Can my company provide health insurance for my spouse and children? Dubai: If you recently suffered from an injury or your child visited a paediatrician, you may wonder if your company will foot the medical bill. In the UAE, some Emirates have made it compulsory for employers to cover health insurance for their expatriate employees.

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Fines Up to 1 million AED to Stop Trademark Infringement

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According to experts, fines have been increased to between Dh100,000 and Dh1 million for forgery or counterfeiting; knowingly using a forged or counterfeit trademark; using in bad faith a trademark owned by another; possession of material for the imitation or counterfeit of a registered trademark; and importing or exporting of counterfeit products. As per the

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MOFAIC Attestation Services Going Exclusively Online

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The MoFAIC has published a guide on their website outlining the steps to follow for both individual and businesses to obtain the service. Customers can avail e-attestation services through MoFAIC’s website and smartphone application. Before applying for the service, they strongly advise to ensure that all the documents you wish to get attested have been

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High Demand and Visa Policy Boost Dubai Property Sales

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Walid Al Zarooni, Chairman of W Capital and author of”Secrets of the Smart Real Estate Investor, said that “the real estate industry continued to break records in terms of sales and transactions, with the first half recording the best performance ever, as sales topped Dh114.51 billion.” Al Zarooni is a certified real estate expert from

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OTP Links with Fake Government Logo – New Scam in the Market!

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Authorities warned residents of suspicious messages which may bear government logos. The Ministry of Interior warned in a tweet that digital scammers try to defraud victims by making the receiver believe that the message is from a governmental organization.These suspicious messages often contain a link or a one-time password (OTP). Authorities have reiterated that messages

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Crypto Currency Blockchain Business Set Up – DMCC (Freezone)

Beware of Big Ticket Abu Dhabi’s Scammer Account

Digitisation of RTA Licensing Services

New Guidelines for Anti-Money Laundering Issued by CBUAE

How does the new employee insurance affect workers in the UAE?

Is it mandatory for employers to provide health insurance in the UAE?

Fines Up to 1 million AED to Stop Trademark Infringement

MOFAIC Attestation Services Going Exclusively Online

High Demand and Visa Policy Boost Dubai Property Sales

OTP Links with Fake Government Logo – New Scam in the Market!

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