Dubai / WAM The Dubai International Financial Centre (DIFC) announced the launch of the first Global Family Business and Private Wealth Centre (Centre) in the region and worldwide. DIFC is the first financial centre in the world to create a unique offering at a time when an estimated AED3.67 trillion ($1 trillion) in assets will be transferred to the next ...

  Dubai / WAM Enoc group on Monday announced the opening of a new compact service station in Al Salamah 1, Umm Al Qaiwain, making it the second service station in the emirate. The expansion is part of the group’s long-term strategic plan to strengthen its retail presence across the UAE. Spread across 18,800 square feet, the new compact station ...

Abu Dhabi / WAM The Ministry of Economy (MoE) and the Ministry of Justice (MoJ), in partnership with the UAE Financial Intelligence Unit (FIU), have announced the introduction of new reporting requirements aimed at certain real estate transactions conducted in the UAE. The UAE is one of the first countries to implement such a mechanism for real estate transactions involving ...