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Mena Climate Week 2022 in Dubai from March 28-31

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Dubai Electricity and Water Authority (Dewa) has invited interested climate action supporters and the public to register for the Middle East and North Africa Climate Week (Menacw), which will be held in Dubai from March 28-31, 2022, for the first time in the region.

This event is hosted by the UAE Ministry of Climate Change and Environment, the World Green Economy Organisation (Wgeo), and Dewa.

The four-day event will host several panel discussions and round tables featuring many ministers and experts. It includes virtual and in-person events and youth engagement activities.

Menacw 2022 is one of the first opportunities to advance the implementation of the Paris Agreement, and Glasgow Climate Pact adopted during the United Nations Climate Change Conference (COP26) in November 2021.

Menacw will inaugurate the regional climate weeks for 2022. It provides a platform for governments, cities, private sector leaders, financial institutions and civil society to discuss opportunities to build forward from the pandemic by identifying opportunities to enhance climate action. It will also assess climate action in the region, explore climate opportunities and challenges, and show innovative and ambitious solutions.

The event is organised in collaboration with core partners; United Nations Climate Change, United Nations Development Programme, United Nations Environment Programme and the World Bank Group.

Partners based in the Middle East and North Africa include the International Renewable Energy Agency, Islamic Development Bank, the League of Arab States Secretariat and the United Nations Economic and Social Commission for Western Asia (Escwa).

Attendees can register for free on https://indico.un.org/event/1000424

Announcements

Dubai Chambers launches one-stop digital platform to help businesses start, grow and expand

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Starting and growing a business in Dubai is set to become easier with the launch of Business in Dubai, a new digital platform by Dubai Chambers that brings together essential corporate services in one place.

Designed as a single gateway for companies, the platform connects businesses with trusted service providers, helping them access everything from financial solutions to technology, marketing and certification services without having to navigate multiple channels.

The initiative aims to simplify business operations while strengthening Dubai’s position as one of the world’s most competitive destinations for investment and entrepreneurship.

What does the platform offer?

The Business in Dubai platform currently provides 65 corporate services through seven accredited partners, offering companies a wide range of support as they establish or expand their operations in the emirate.

The services are grouped into four key categories:

  • Financial services
  • Marketing and business growth services
  • Technology services
  • Testing, inspection and certification services

The current network of partners includes ZENDATA Cybersecurity, FAST Ventures, Mamo, OCTA, SGS Gulf Limited, Vault, and Pemo.

Helping businesses grow

Dubai Chambers said the platform has been designed to save companies time and resources by bringing multiple business services under one digital roof.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said the initiative reflects the organisation’s commitment to creating an environment that supports business growth both locally and internationally.

He said the platform will strengthen Dubai’s investment ecosystem by making it easier for companies to access the services they need to scale their operations and contribute to the emirate’s long-term economic development.

Boost for the digital economy

Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, said the platform will particularly benefit businesses operating in the digital economy by simplifying access to trusted service providers.

He added that the initiative creates a more flexible and efficient business environment, enabling entrepreneurs and companies across different sectors to focus on growth rather than administrative processes.

A single digital gateway

By consolidating key business services onto one platform, Dubai Chambers aims to reduce the time and effort companies spend searching for service providers, allowing them to concentrate on innovation, expansion and day-to-day operations.

The launch forms part of Dubai’s wider efforts to strengthen its business ecosystem and reinforce its position as a leading global hub for trade, investment and entrepreneurship.

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Crime

Dubai Police warns of fake consumer protection websites: How the scam works and how to stay safe

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Dubai Police has issued a fresh warning about online scams involving fake Consumer Protection websites designed to steal personal and banking information from unsuspecting victims.

According to the force’s Anti-Fraud Centre, scammers are creating websites that closely resemble official consumer protection platforms before tricking users into sharing sensitive information.

Here’s how the scam works and how you can protect yourself.

How does the scam work?

The fraud typically follows these steps:

Step 1: Victims visit a fake website

People searching online for Consumer Protection services may accidentally land on a fraudulent website that looks genuine.

The fake site asks users to enter:

  • Name
  • Email address
  • Phone number
  • Complaint details

Step 2: Scammers call pretending to help

Soon after submitting the information, victims receive a phone call from someone claiming to represent Consumer Protection.

Because the fraudsters already know the complaint details, the call appears convincing and trustworthy.

Step 3: Victims are asked to install remote access software

The caller then instructs the victim to download remote access software onto their phone or computer.

This software allows scammers to remotely view and control the victim’s device.

Step 4: Banking information is stolen

Victims are asked to log into their online banking account while the remote access software is active.

Fraudsters can then:

  • View banking credentials.
  • Capture passwords and security codes.
  • Transfer money.
  • Make unauthorised purchases.
  • Access other personal information stored on the device.

How can you protect yourself?

Dubai Police advises residents to:

  • Use only official Consumer Protection websites and government channels.
  • Never click on suspicious links.
  • Avoid downloading software requested by unknown callers.
  • Never share online banking credentials with anyone.
  • Verify the authenticity of websites before entering personal information.

What should you do if you receive a suspicious call?

If someone claiming to represent Consumer Protection asks you to:

  • Download an app.
  • Install remote access software.
  • Log into your bank account.
  • Share banking details.

End the call immediately.

Legitimate government authorities will never ask you to install software that gives them access to your device.

How do you report a scam?

Residents who encounter similar fraud attempts are encouraged to report them through:

  • Dubai Police’s e-Crime platform.
  • Dubai Police’s non-emergency number 901.

Reporting scams helps authorities investigate cybercriminals and prevent others from becoming victims.

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Announcements

What the new DIFC investment fund proposals mean for investors

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Dubai’s financial regulator is planning the biggest update to the Dubai International Financial Centre (DIFC) investment fund rules in more than a decade.

The Dubai Financial Services Authority (DFSA) has launched a public consultation on a wide-ranging package of reforms designed to modernise the DIFC’s investment fund framework, simplify regulations for fund managers and strengthen investor protection.

Here’s what you need to know.

Why is the DFSA changing the rules?

The DFSA says the investment fund industry has evolved significantly since the current framework was introduced in 2006.

The proposed reforms aim to:

  • Modernise regulations to reflect today’s investment market.
  • Reduce unnecessary compliance requirements.
  • Make it easier for fund managers to operate.
  • Maintain strong investor protection.
  • Align DIFC regulations with international best practices.

What are the proposed changes?

The consultation includes several key proposals:

More flexible rules for private investment funds

The DFSA plans to replace rigid classifications for specialist private funds with a more flexible framework that can better accommodate modern investment strategies.

Simpler licensing for fund managers

Investment managers may no longer need separate licences for certain activities, such as arranging investments or dealing on behalf of clients, as these would be covered under an existing asset management licence.

Updated rules for master-feeder funds

The regulator also wants to modernise regulations governing “master-feeder” fund structures to reflect current market practices better.

Removal of the external fund manager regime

The DFSA proposes removing the external fund manager framework as more firms are now seeking direct authorisation from the regulator.

More investment opportunities for employees

Employees could be given greater flexibility to invest in private funds managed by their own employers, either directly or through dedicated investment vehicles.

Technical improvements

The consultation also proposes several technical amendments to improve clarity and consistency within the Collective Investment Law.

Could tokenised investment funds become a reality?

The consultation also seeks industry feedback on regulating tokenised investment funds.

Tokenisation uses blockchain technology to represent ownership units digitally, potentially making investment funds more efficient and accessible.

At this stage, the DFSA is only gathering feedback and has not proposed formal regulations.

Will retail investors get access to more investment opportunities?

Another topic under discussion is the possible introduction of a long-term investment fund regime.

If developed in the future, it could allow retail investors to access certain long-term assets—such as infrastructure projects or private market investments- that are currently limited to professional investors.

No regulatory changes have been proposed yet; the regulator is first seeking industry views.

Who can provide feedback?

The consultation is open until September 7, 2026.

The DFSA is inviting comments from:

  • Fund managers
  • Asset managers
  • Fund administrators
  • Legal advisers
  • Auditors
  • Compliance professionals
  • Other participants in the DIFC investment funds industry

The proposals form part of Dubai’s wider efforts to strengthen its position as a leading regional hub for wealth and asset management while ensuring regulations remain modern, proportionate and investor-focused.

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