MetaTerrace, a lounge restaurant in the Central Park Towers of the DIFC, was opened by ColossalBit (DIFC). MetaTerrace is a one-of-a-kind establishment that merges the digital and real worlds in accordance with the metaverse principle.

Dubai International Financial Centre (DIFC) in the MENA, and MEASA region, has been providing professional development and higher education to financial services industry for over a decade. The DIFC Academy builds on this tradition by collaborating with some of world’s most prestigious schools to provide a wide range of courses, from short certificate workshops to multi-year executive MBA degree programs.

The senior lawyer told delegates that corporate migration may be considered for a variety of reasons: “It is a useful scenario for taking advantage of a more favourable legal and business friendly environment; transferring an offshore business to onshore; while also fulfilling the new international standard of ‘Economic Substance’ requirements and gaining better proximity to clients and/or new markets”.

Utilizing the history of DIAC, alongside the procedures and diverse nature of all three centers will see processes streamlined, provide a centralized workstream and will certainly see more organisations and individuals choosing Dubai as their seat of arbitration. I am particularly pleased with the decision to include EMAC – given how important maritime is to this region history and future.

“Awareness and adoption of Blockchain is growing rapidly. DIFC Blockchain Week is a unique opportunity to meet the best minds in the sector and discuss ways to strengthen and expand Blockchain use cases,” says Arif.