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The UAE Introduces the First SPAC Framework in the GCC

The SPAC Framework, which became effective on 4 January 2022, allows for the formation and listing of SPACs in the UAE for the first time. Special purpose acquisition companies (SPACs) have emerged as an important means...more

UAE’s SCA to Regulate ICO Tokens as Securities

The SCA’s decision marks a significant step towards achieving enhanced regulation of digital securities and commodities in the UAE. Key Points: ..The announcement signals a change in the SCA’s position following its...more

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