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United Arab Emirates

Policy & Legal Updates
Source: avax.network

DIFC Courts Deploys Avalanche Blockchain to Enable Instant Cross-Border Document Verification

The Dubai International Financial Centre (DIFC) Courts has started issuing court documents linked to NFT-based credentials on the Avalanche C-Chain. The system enables banks, authorities, and counterparties worldwide to verify court orders and hearing records within seconds without storing confidential case data on-chain. The technical solution was developed by Deca4 Advisory and builds on the court's existing distributed ledger initiatives.

Policy & Legal Updates
Source: Gulf Business

Dubai and Abu Dhabi Rank Among Top 10 Global Next-Generation Wealth Hubs

Dubai and Abu Dhabi have ranked among the world's top 10 locations for attracting and retaining high-net-worth individuals under 40, according to property consultancy Savills. The two UAE cities were among only four locations across Europe, the Middle East, and Africa to secure top-10 positions. Savills evaluated more than 100 destinations based on business connectivity, taxation, wealth clusters, and lifestyle factors.

Policy & Legal Updates
Source: Emirates News Agency (WAM)

Abu Dhabi Announces Measures to Accelerate Business Establishment and Operational Timelines

The Abu Dhabi Department of Economic Development has announced new measures to speed up the process from investment decisions to active business operations. According to ADDED Chairman Ahmed Jasim Al Zaabi, the initiative focuses on reducing duplicate requirements and coordinating cross-entity licensing. Non-oil sectors contributed 54.7 percent of the emirate's GDP, with commercial setup requirements already cut by 71 percent via the TAMM platform.

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