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New Incentives to Support and Develop the Industrial Sector in UAE

The law aims to be a key enabler for the industrial sector, increase its investment attractiveness, and encourage local and foreign investment in industrial activities, in coordination with federal and local authorities. The new law will become effective as of January 2023 and will be applied to all industrial activities in the country, including free, […]

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Employees in the UAE should no longer worry about losing their jobs!

The new insurance scheme aims to provide protection for employees in the private sector and the UAE’s federal government by providing them with cash compensation for a limited period not exceeding three months for each claim in the event of job termination for reasons beyond their control. It also creates a safety net that supports

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Unprecedented Major Reform for UAE Residence Visa Regulations, to Apply as of 3rd October 2022!

Tourists shall be entitled to a multiple-entries 5 years tourist visa with maximum 90 days stay. Golden visa shall not be cancelled for those residing outside the UAE. Those who have a cancelled visa shall have 60 days grace period for renewal instead of 30 days. A 5-year green visa shall be granted to skilled

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UAE: MASK FREE Except for 3 Public Areas

Masks are no longer mandatory in schools, malls, restaurants, supermarkets or any other public places. The National Emergency Crisis and Disaster Management Authority (NCEMA) advised to continue wearing masks for the vulnerable categories of residents and tourists which includes the elderly, those with chronic diseases, and people of determination. Airlines have been given the option

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Beware of Big Ticket Abu Dhabi’s Scammer Account

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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New Guidelines for Anti-Money Laundering Issued by CBUAE

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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Fines Up to 1 million AED to Stop Trademark Infringement

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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