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United Arab Emirates

Policy & Legal Updates
Source: The National

DFSA Fines Hayman-Woodward Dh1.67 Million for Operating Unlicensed Corporate Services

The Dubai Financial Services Authority has fined Hayman-Woodward Global Mobility Services (DIFC) Ltd $454,367 (Dh1.67 million) for operating without required registration. The regulator found the company delivered unauthorised corporate formation and registered address services to 71 clients over six years. The penalty was discounted by 30 percent from $522,047 after the firm agreed to a settlement.

Policy & Legal Updates
Source: Arab News

UAE Developing AI Tool to Alert Commercial Exporters to Market Barriers

The UAE is creating an artificial intelligence-enabled system to notify commercial exporters when goods face market barriers and suggest alternative destinations. Foreign Trade Undersecretary Fahad Al-Gergawi stated the system will help exporters manage rising global tariffs. UAE non-oil foreign trade expanded 27 percent in 2025 to reach 3.8 trillion dirhams.

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