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

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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.

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What the UAE’s new poultry Premium Mark label means for shoppers

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Chicken shopping in the UAE is about to change, with a new government-backed Premium Mark set to appear on selected locally produced poultry products from June.

The initiative, launched by the Abu Dhabi Quality and Conformity Council (ADQCC), aims to help shoppers quickly identify chilled chicken products that meet higher standards for food safety, quality, sustainability and production practices.

Retailers say UAE consumers are becoming far more selective about what they buy, especially when it comes to fresh poultry.

The certification will apply to producers that meet advanced standards across the poultry supply chain, including farming methods, feed quality, inspections and final product quality.

The rollout will begin in phases from June with selected Abu Dhabi poultry producers. Participation is voluntary, but industry players believe the label could strengthen consumer confidence in UAE-made products and help local brands compete more strongly against imported premium poultry.

Officials also said the framework could later expand to include eggs, dairy and red meat products.

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Gukesh vs Carlsen: Norway Chess rivalry set for explosive new chapter in Oslo

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As Norway Chess 2026 gets underway in Oslo, all eyes are once again on the growing rivalry between D. Gukesh and Magnus Carlsen, a clash that has become one of modern chess’s biggest storylines.

Tournament organisers have confirmed the reigning world champion and former world number one will face each other twice during this year’s event, first on May 28 and again on June 5.

The rematch already carries extra intrigue after last year’s dramatic showdown, when Carlsen reacted emotionally after losing to the teenage Indian sensation, a moment that quickly went viral across the sporting world.

Speaking ahead of the tournament, Gukesh kept things calm when asked whether he expected another fiery reaction from the Norwegian superstar.

“My job is to play chess. That is within my control,” said the 19-year-old world champion, who turns 20 later this week.

But the Indian grandmaster also admitted that moments of emotion and rivalry are helping chess attract a wider audience globally.

“Chess players generally don’t show a lot of emotions, but when it did happen, a lot of people got attracted to chess,” Gukesh said. 

“I feel that chess players generally expressing more is fun to watch.”

This year’s tournament also marks a major commercial moment for the sport. Earlier this year, Erling Haaland invested in Norway Chess and its new Total Chess World Championship Tour project, another sign of chess crossing deeper into mainstream global sport.

The event has also started building stronger Gulf connections. Last year’s Norway Chess Open featured Rouda Al Serkal, the GCC’s first woman grandmaster, reflecting the UAE’s growing presence in international chess.

The 2026 edition features another elite field in both the Open and Women’s tournaments.

In the Open section, Carlsen opens against Alireza Firouzja, while Gukesh begins his campaign against Vincent Keymer. R Praggnanandhaa will face Wesley So.

The women’s competition includes reigning world champion Ju Wenjun, Koneru Humpy, Anna Muzychuk and rising Indian star Divya Deshmukh.

Running until June 5, Norway Chess continues to position itself as one of the sport’s premier events, blending elite competition, viral rivalries and growing global appeal far beyond the traditional chess audience.

Photo credit: Norway Chess / Michal Walusza

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Begging scams and illegal butchers under Dubai Police watch this Eid

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Dubai Police has warned residents against dealing with beggars and itinerant butchers during Eid Al Adha, revealing that authorities arrested 50 people linked to begging and illegal slaughter activities during last year’s holiday period.

Police said some individuals attempt to exploit the festive season and people’s generosity through traditional street begging, online scams and unlicensed slaughter services operating in residential areas.

Brigadier Ali Salem Al Shamsi, Director of the Criminal Phenomena Department at Dubai Police, said anti-begging campaigns are being intensified in cooperation with strategic partners to tackle illegal activities that negatively impact public safety and the emirate’s image.

According to police, begging methods now extend beyond mosques and public markets to include electronic begging, fake donation requests and fraudulent humanitarian appeals shared online.

Authorities warned that some beggars use children, elderly individuals, sick people and people of determination to gain sympathy and collect money illegally.

Dubai Police also urged residents to donate only through officially recognised charities and approved humanitarian organisations to ensure funds reach legitimate causes.

Alongside the anti-begging warning, police cautioned the public against hiring itinerant butchers during Eid Al Adha, citing serious hygiene and public health risks.

Officials said illegal butchers often slaughter animals in unsanitary locations using unsterilised equipment, moved from house to house without proper cleaning or health supervision.

Residents have been urged to report beggars or illegal butchers by calling 901 or through the “Police Eye” feature on the Dubai Police smart app. Cases of online begging and fraud can also be reported through the e-Crime platform.

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