News

Dubai’s monetary controller intends to dispatch cryptographic money guidelines in final quarter

Published

5 years ago

October 26, 2021

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Dubai controller dispatches expansive system for speculation tokens.

The Dubai Financial Services Authority (DFSA) plans to dispatch a different administrative system covering ‘trade tokens’ (also called cryptographic forms of money), utility tokens and certain resource supported tokens (Stablecoins) in the final quarter.

“Our meeting on speculation tokens empowered us to get what firms were searching for in an administrative system and present a system that is applicable to the market,” said Peter Smith, Managing Director, Head of Strategy, Policy and Risk at DFSA.

Dubai’s monetary area guard dog dispatched its administrative system for speculation tokens. The system mirrors the proposed guidelines illustrated in Consultation Paper 138 gave in March last and will shape the first of two periods of the DFSA’s Digital Assets system.

The administrative system characterizes a speculation token as either a security token or a subordinate token. They are:

• A security or subsidiary as a cryptographically gotten computerized portrayal of privileges and commitments that is given, moved and put away utilizing disseminated record innovation (DLT) or other comparative innovation; and

• A cryptographically got advanced portrayal of freedoms and commitments that is given, moved, and put away utilizing DLT or other comparable innovation and: (I) gives privileges and commitments that are significantly comparative in nature to those gave by a Security or Derivative; or (ii) has a generously comparative reason or impact to a Security or Derivative.

The venture tokens’ administrative system applies to people or substances intrigued to advertise, issue, exchange or hold speculation tokens in or from Dubai International Financial Center (DIFC). It applies to approved firms wishing to embrace monetary administrations identifying with venture tokens or overseeing optional portfolios or aggregate speculation supports putting resources into venture tokens.

Health

UAE to India travellers face new mandatory health declaration

Published

4 hours ago

June 30, 2026

Michael Gomes

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If you’re travelling from the UAE to India, there’s a new travel requirement you shouldn’t miss.

India has introduced Air Suvidha 2.0, a mandatory online health declaration system for all international arrivals. The form must be completed within 24 hours before your flight and is required before passengers are allowed to board.

The new system was introduced by India’s civil aviation authorities as a precautionary measure in response to the ongoing Ebola outbreak.

What is Air Suvidha 2.0?

Air Suvidha 2.0 is an online self-declaration portal where travellers must provide their recent travel and health information before flying to India.

Passengers will be asked to submit details including:

Their travel history over the past 21 days
Any possible exposure to infectious diseases
Whether they are experiencing any related symptoms

Once the form is submitted, it is automatically shared with the Airport Health Organisation (APHO) under India’s Ministry of Health and Family Welfare.

Is the form mandatory?

Yes. All international passengers travelling to India are required to complete the Air Suvidha Self Declaration Form before boarding their flight.

Airlines may ask passengers to show proof that the form has been submitted before allowing them to travel.

Do you need a printed copy?

No. After submitting the form, travellers will receive a confirmation by email, which can simply be shown on a mobile phone upon arrival in India. There’s no need to carry a printed copy.

Completing the form in advance also helps speed up the arrival process by reducing paperwork at the airport.

Announcements

Good news for businesses: Sharjah slashes fees and fines

Published

4 hours ago

June 30, 2026

Michael Gomes

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Businesses in Sharjah can now benefit from a range of temporary fee reductions after Sharjah Police unveiled a new package of incentives aimed at easing costs and supporting the emirate’s business community.

The measures, introduced in line with a decision by the Sharjah Executive Council, include 50% discounts on several security-related fees, along with reduced fines and lower training costs for companies.

What discounts are available?

Under the new initiative, eligible businesses will receive:

50% off security permit renewal fees for commercial activities
50% off security system subscription fees
50% reduction on eligible violations and fines
20% off mandatory training programme fees for companies

Sharjah Police said the initiative is designed to support commercial establishments, encourage business sustainability and further strengthen the emirate’s position as an attractive destination for investment.

How long will the discounts last?

The incentives will be available for three months from the date the decision comes into effect.

Businesses seeking more information about the discounts and eligibility can contact the Sharjah Police Call Centre on 901.

India

Waiting for Indian passport services in the UAE? Here’s the latest update

Published

5 hours ago

June 30, 2026

Michael Gomes

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Indian nationals in the UAE will have to wait a little longer for regular passport, visa and attestation services to resume.

The Embassy of India in Abu Dhabi and the Consulate General of India in Dubai have announced that they will continue offering only emergency consular services until July 1, extending the temporary suspension of routine services by an additional day.

In a post on the missions’ official X account, the embassy said emergency requests for passports, visas, attestation and other consular services will continue to be processed during the transition period.

Why the delay?

The extension comes as the Indian missions complete the handover of outsourced passport, visa and attestation services to Alhind Tours and Travel LLC, which is set to begin operations in the UAE from July 1.

Under the transition plan, previous service providers BLS International and SGIVS Global stopped accepting new applications after June 25, while regular appointments were suspended from June 26.

The missions said the extension is due to administrative reasons.

Need urgent assistance?

Applicants with emergency requirements can contact the Indian missions through:

Toll-free: 800 46342 (800 INDIA)
WhatsApp: +971 54 309 0571
Email: pbsk.dubai@mea.gov.in

The embassy said details about the resumption of normal services from July 2 onwards will be announced separately and advised applicants to follow its official social media channels for updates.