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In the aftermath of Iranian missile and drone strikes targeting Dubai last week, concerns among investors have intensified, prompting some wealthy residents to move funds out of the emirate as geopolitical tensions escalate.   Two Indian entrepreneurs living in Dubai attempted to transfer more than $100,000 each from their local bank accounts to Singapore shortly after the attacks, seeking to reduce their exposure to potential instability.   Their efforts initially ran into d

The Dubai Islamic Affairs and Charitable Activities Department has approved a new regulatory structure permitting charitable and humanitarian organizations to receive digital contributions, a move that introduces notable anti-money laundering risks into the philanthropic landscape. Under the new framework, approved and verified entities within the emirate are now allowed to accept virtual assets as a legitimate form of humanitarian donation, reflecting Dubai’s broader push to