UAE approves national stance on AI policy

UAE approves national stance on AI policy

The country supports the implementation of international regulations that hold countries accountable for developing AI tools that could cause harm or destabilisation The UAE Cabinet has approved the country’s official stance on global artificial intelligence (AI) policy, stating how the technology should be used and what its goals and priorities are. The nation’s position includes supporting the implementation of international…

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FTA issues new decision postponing deadlines for corporate tax return filing and payment for specific tax periods

FTA issues new decision postponing deadlines for corporate tax return filing. Image Courtesy: Federal Tax Authority Demonstrating its Commitment to Supporting Taxpayers Abu Dhabi, UAE – In a demonstration of its commitment to supporting taxpayers in fulfilling their Corporate Tax obligations, the Federal Tax Authority (“FTA”) has announced the postponement of the deadline to file a Tax Return and settle their…

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MoHRE: 31 December final deadline to hire at least one Emirati citizen in companies targeted by Emiratisation policy

MoHRE: 31 December final deadline to hire at least one Emirati citizen in companies targeted by Emiratisation policy

The Ministry of Human Resources and Emiratisation (MoHRE) has called on private sector companies employing 20 to 49 workers to expedite efforts to hire at least one Emirati citizen this year, advising against delaying until the end of the grace period, which concludes at the end of 2024. This follows the Cabinet’s decision to expand the scope of companies targeted…

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From Canary in the Coal Mine to Beacon of Integrity: Elevating the Role of Corporate Compliance Officers

The best corporate compliance officers evolve from the narrow, danger-focused vision of a canary in a coalmine to the expansive, guiding perspective of a lighthouse, enabling them to identify wider angles and navigate the best routes to shore. As corporate compliance professionals, we are invited by the business to foster the courage necessary to remain outcome-focused in ambiguous situations. Being…

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New social media laws: UAE agencies work with licensed influencers to avoid hefty fines

New social media laws: UAE agencies work with licensed influencers to avoid hefty fines

Although penalties are not in place in emirates other than Abu Dhabi, there have been speculations that the market is moving towards a more well-organised direction. Several advertising and marketing agencies in the UAE are now ensuring that the influencers they work with are licensed. This comes as Abu Dhabi announced that it will penalise those who conduct social media…

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Ministry of Economy: New law on combating commercial fraud bolsters UAE’s legislation

Ministry of Economy: New law on combating commercial fraud bolsters UAE’s legislation

Protects consumers in line with best global standards • The Law enhances the efficiency of the economic sector and the competitiveness of trademark owners, while also establishing integrated mechanisms to combat counterfeit, adulterated, and corrupt products.• Abdullah Al Saleh: The law marks a significant milestone in the country’s efforts to develop proactive legislation for economic sectors and enhance governance within…

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Dubai: 3 key changes in travel ban rules for divorced parents

Dubai: 3 key changes in travel ban rules for divorced parents

Previously, exiting the country with the child without the consent of the other parent could amount to ‘abduction The eased travel rules for divorced parents and their children come at the right time, with the onset of Eid Al Adha holidays and summer vacation. On Thursday, the Dubai Courts announced the new procedures that allowed a travel ban to be cancelled in the Freedom Restriction…

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