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Dubai Economy finds 26 violations of COVID-19 guidelines

Ongoing field inspections by Dubai Economy across open markets and commercial establishments saw 26 fines being issued for violation of precautionary guidelines against COVID-19 yesterday. The violations, detected in outlets spread across markets and malls, were mostly related to face masks or physical distancing. Increased visitors numbers across malls during the recent 3-day super sale …

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Deadline for providing Beneficial Owner data extended to 30 June, says Dubai Economy

Dubai, 22 June 2021: The last day for all registered businesses in Dubai to add their Beneficial Owner data to the commercial registry has now been extended to the 30th of June 2021, Dubai Economy informed today. Dubai Economy also urged businesses to provide the Beneficial Owner data as required by the UAE Cabinet Decision …

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Dubai Economy to honour Business Excellence Awards winners on June 28

Dubai Economy is set announce the winners of the 27th Business Excellence Awards (BEA) in an online ceremony to be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the 28th of June 2021.  The prestigious awards, which …

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Dubai Economy and HSBC strengthen UAE KYC Blockchain Platform

Dubai Economy and HSBC have strengthened the UAE KYC (Know Your Customer) Blockchain Consortium with HSBC becoming the fourth founding member to go live on the platform.  The UAE KYC Blockchain Platform is a national ecosystem for the exchange of verified “know your customer” data between licensing authorities and financial institutions. This market leading initiative …

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Dubai Economy announces winners of 2021 Business Excellence Awards

Dubai Economy hosted an online ceremony today under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to honour the 26 winners in the 2020 cycle of its Business Excellence Awards.  The prestigious awards, which recognise outstanding efforts and commitment towards …

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Dubai Next successfully finances the first community-supported project

Dubai Next, the first official crowdfunding platform in Dubai launched last month by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has achieved a remarkable success within a short span of time by enabling an Emirati entrepreneur to raise the capital required and …

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