Corporate Governance
Originally, the filing deadline was set for September 30, 2024. Now, companies have until December 31, 2024, providing much-needed relief for businesses that were scrambling to meet the original deadline.
Dubai has recently introduced stringent VARA Crypto Marketing Guidelines for companies promoting digital assets. These guidelines emphasize transparency, ethical marketing practices, and full disclosure of risks associated with crypto trading.
The future of global business hubs is about to be redefined with the upcoming launch of the “Free Zone of the Future” by the World Free Zones Organisation (WFZO). Set to begin in 2025, this ambitious project will transform free zones into vital ecosystems fostering entrepreneurship, innovation, and sustainable development.
By removing the financial burden of hotel licensing fees, Saudi Arabia hopes to attract greater investment in its hospitality industry, enhancing its capacity to accommodate an influx of international and domestic tourists.
The Middle East is rapidly becoming a hub for virtual asset companies seeking regulatory approval, with the UAE and Qatar offering attractive options.
Massive Dubai crypto developments this quarter includes crypto salary government recognition and Tether's plan to launch UAE stablecoin.
