Recent Posts

DFSA enhances Crypto Token framework, fostering innovation

DUBAI/WAM The Dubai Financial Services Authority (DFSA) on Monday announced some key amendments to its Crypto Token regime. These changes stem from the proposals outlined in “Consultation Paper 153 – Updates to the Crypto Token” regime published in January 2024 and mark a significant step in refining and advancing the regulatory environment for Crypto Tokens in the Dubai International Financial ...

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Nominations open for 2025 Zayed Award for Human Fraternity

ABU DHABI/WAM Nominations are now open for the sixth edition of the 2025 Zayed Award for Human Fraternity, an independent global prize recognising efforts to promote human fraternity and solidarity. Eligible nominators—including government members, heads of non-governmental organisations (NGOs), academics, spiritual leaders, and other influential figures—are invited to submit their nominations through the official website, https://zayedaward.org/, from 3rd June to ...

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KEZAD Group, NMDC Energy sign lease agreement for AED367 million manufacturing facility in Abu Dhabi

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and NMDC Energy, a subsidiary of National Marine Dredging Company (NMDC), on Monday signed an agreement for the establishment of a new manufacturing facility in KEZAD. The 50-year lease agreement will see NMDC Energy invest AED367 million ($100 million) in a 224,000 sqm facility in KEZAD, designated for modular fabrication. ...

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