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Gulf News

Policy & Legal Updates
Source: Gulf News

Abu Dhabi Extends Office Exemption for Tajer Commercial Licence Holders by One Year

The Abu Dhabi Department of Economic Development has announced a one-year regulatory extension allowing Tajer Abu Dhabi licence holders to operate without physical premises. The measure applies to entrepreneurs whose exemptions were scheduled to expire during 2026. Authorities aim to lower startup capital requirements and enhance operational flexibility for early-stage businesses.

Policy & Legal Updates
Source: Gulf News

UAE Environmental Penalties Outlined Following Dubai Crackdown on Illegal Waste Dumping

A recent joint crackdown in Dubai seizing 17 tankers has brought renewed attention to UAE environmental penalties ranging from Dh500 to Dh10 million. Federal and local frameworks penalise improper industrial and hazardous waste disposal with fines up to Dh1 million, rising to Dh10 million for serious nuclear-related violations. In Dubai, specific municipal regulations impose penalties up to Dh500,000 for waste infractions and Dh100,000 for illegal wastewater discharge.

Industry News
Source: Gulf News

Dubai Gold Prices Set to End Week Lower as 24K Drops Dh40

Dubai gold prices were poised to finish the week lower, with 24-karat gold falling Dh40 over 28 days to Dh514.25 per gram on Friday. Market pressure stemmed from elevated energy costs and inflation concerns that drove bond yields higher and fuelled expectations of a Federal Reserve rate hike. Saxo Bank analysts highlighted that sustained demand from China has helped prevent deeper sell-offs in global bullion.

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