DIFC Records Highest Number Of Annual Registrations Since Inception In 2020 Date
10/03/2021
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region today reported the best performance in its 16-year history.
Delivered under the leadership of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC, these achievements contribute to all pillars of Dubai s 2021 strategy, including raising the emirate’s status as a pivotal global economic hub and a smart and a sustainable city.
Reaffirming Dubai’s growing reputation across the global finance industry, the number of new firms operating in DIFC grew 20 per cent, taking the total to 2,919. A total of 915 financial companies are now active in DIFC, up 24 per cent from 735 in 2019. The number of businesses in the FinTech and Innovation ecosystem more than doubled with 189 joining i
Industry development
DIFC introduced and updated laws and regulations to reflect global best practices and distinguish itself as the leading financial centre in the MEASA region. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, enacted the new Leasing Law and the new Data Protection Law in January and June 2020, respectively.
The new Leasing Law provided further protection to property owners and tenants, aligning the Centre s legal and regulatory framework with best practice and international standards. The new Data Protection Law brought the previous DIFC Data Protection regime in line with the EU s General Data Protection Regulation (GDPR) principles, a first for the region, reflecting the DIFC s commitment to data security, information protection and cyber resilience.
All dressed up with somewhere to go Adam Bernstein Monday, March 1, 2021
There’s a lot of tax law regarding work uniforms – not least of all, what exactly constitutes a uniform. If your staff wear one, you need to know where you stand.
While some think of staff uniforms as being a relatively recent ‘perk’, history indicates that they reach back to the Middle Ages, at least in Britain, where some would wear a badge to denote their job or role.
Messengers, for example, would wear the insignia of the noble or royal family they served – the idea being that this legitimised the document or message being carried. Similarly, merchants wore a badge to represent the guild that they belonged to. By the 18th century, servants were in liveries noting the houses they were employed by.
This edtech startup aims to help you ace your CA exams
Delhi, NCR-based edtech startup Edu91, founded by Neeraj Arora, Vrinda Chugh, and Pooja Sharma, offers chartered accountancy coaching in various formats and at affordable rates.
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A passion to help students master chartered accountancy (CA) led Neeraj Arora to ditch a corporate career and convert his hobby, teaching, into an edtech venture offering professional courses.
Starting out with offline courses in 2012 as Neeraj Arora Coaching Classes and in 2013 as a YouTube channel, Edu91 took its current form in 2018 with the aid of a technology partner.
At present, Delhi, NCR-based Edu91 coaches students for all levels of CA, including
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