The United Arab Emirates, in step with its plans to become a cryptocurrency and technology hub, will begin requiring real estate agents to issue warnings regarding money laundering to authorities.
The government is seeking to take drastic measures to ensure that any real estate transaction must be…
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Arab emirates
EU withdraws Arab Emirates and Marshall Islands from tax havens list
The Economy and Finance Ministers of the European Union (Ecofin) removed the United Arab Emirates and the Marshall Islands from their black list of tax havens, as well as Switzerland, Serbia, Albania, Costa Rica and Mauritius from the gray…
Bitcoin ATM in Dubai was removed two days after its launching
This week the first bitcoin ATM was opened in Dubai, a news that was well received by the cryptocurrency community of that nation.
However, just two days after its release said teller had to be removed from the Dubai wellness center, Rixos…
Arab Emirates and Saudi Arabia launched cryptocurrency pilot program
The two countries with the highest sovereign wealth in the world, the United Arab Emirates and Saudi Arabia launched a pilot program related to cryptocurrencies.
According to the agency Emirates News Agency, the Saudi-Emirati…
Government presented future projects for the Arab Emirates
During the Second Annual Meeting of the Government of the United Arab Emirates, attendees presented projects to improve the sector of artificial intelligence (AI) and blockchain technology.
The local press said that the participants made…