Abu Dhabi, October 2025 — The United Arab Emirates (UAE) Ministry of Finance (MoF) and the Ministry of Finance of the Russian Federation have convened the second UAE–Russia Strategic Financial Dialogue, reinforcing their shared commitment to innovation-driven economic cooperation. The high-level talks—co-chaired by H.E. Mohamed bin Hadi Al Hussaini, UAE Minister of State for Financial...
Abu Dhabi has surged ahead in global smart-city rankings, cementing its status as one of the world’s most advanced urban centres. According to the latest Institute for Management Development (IMD) Smart City Index, the city climbed to 5th place worldwide in 2025, up from 10th in 2024 and 14th in 2020. Key Drivers of...
In a landmark step toward reinforcing Dubai’s position as a global financial powerhouse, the Dubai Multi Commodities Centre (DMCC) has announced plans to establish a new integrated financial centre. This initiative aims to create what officials describe as the “financial spine” of DMCC a central ecosystem connecting trade, fintech, and capital markets to drive the...
In a move signalling Dubai’s deepening commitment to automotive innovation and sustainability, DP World and Cars24 have announced a joint investment of AED 55 million (approximately USD 15 million) to build a major automotive refurbishment car revamp hub at the National Industries Park (NIP) in Dubai. The 220,000 sq ft facility, set for construction in...
In a landmark step towards building a sustainable economy, the UAE Ministry of Economy and Tourism has introduced the nation’s first Green Licence, a business framework designed to attract and support environmentally responsible enterprises. The initiative forms part of the UAE’s broader drive to promote innovation, clean technology, and circular economy practices under its We...
In a landmark move aligning economic ambition with environmental purpose, the Ministry of Economy and Tourism (United Arab Emirates) and Expo City Dubai have launched the nation’s first Green Innovation District — a cutting-edge ecosystem designed to catalyse the UAE’s transition to a green and circular economy. What the Green Innovation District Offers A...
In a significant move aimed at enhancing the UAE’s business environment, the Ministry of Human Resources and Emiratisation (MoHRE) has launched an Easy Payment Plan (EPP) that allows companies and individuals to pay service fees and fines through interest-free installments. The initiative reflects the UAE government’s continued efforts to support business growth, promote compliance, and...
Abu Dhabi, October 2025 — The Abu Dhabi Global Market (ADGM) has introduced a strengthened enforcement framework that significantly increases the scale of financial penalties for regulatory breaches. The reforms, implemented under the Administrative Regulations 2025, mark a decisive step toward reinforcing governance and accountability standards within the international financial center. A More Robust...
The DIFC Courts have marked a new chapter in commercial dispute resolution with the successful conduct of their very first mediation under the newly established Mediation Centre. We had the privilege of being part of this landmark moment, representing our client in a matter that was originally filed before the Court but ultimately resolved through...
Indian exporters today face both unprecedented challenges and powerful new opportunities. With major trading partners such as the United States imposing steep tariff barriers, the Indian government has stepped up to provide relief through duty cuts, incentives, and export promotion schemes. At the same time, the UAE has emerged as a critical platform for Indian...
