Dubai aims to break into the list of the world's top 10 economies in the metaverse and plans to support the sector by creating 40,000 virtual jobs that could bring a €4 billion return to the city's GDP in five years.


Law No. 83/2017 was published on August 18th, 2017, establishing a set of principles and procedures in order to supervise the legality of operations and instituting “know your client” (KYC) obligations for whomever pursued certain economic activities. Such procedures, to be carried out by the entities that develop such activities, regardless of whether they are natural or legal persons, are intended to prevent and combat money laundering and terrorist financing (ML/TF).


Expo 2020 is generating huge expectation and currently there are several initiatives being carried out. The impact of Expo 2020 in economy is already felt but as the event approaches the impact is getting increasingly significant.


Abu Dhabi and Dubai have both recently announced measures to boost economic growth and ease the cost of doing business in these Emirates.


A is for… As-Salamu Alaikum (Peace Be Upon You)

Speaking the local language (or at least learning some key words) is usually considered best business practice, and the UAE is no different. As-Salamu Alaikum is the most common (and polite) greeting in Arabic and the Muslim world, meaning “peace be upon you”, to which one will receive the response Alaikum As-Salaam. An also accepted short form for this is simply Salam (“peace”).


Subscribe to the AOB
newsletter and receive the latest news worldwide


Registration under no. 13/04 in Ordem dos Advogados

Av. Engenheiro Duarte Pacheco,
19, 1º andar
1070 - 100 Lisboa
Telephone: +351 21 371 33 50

Por defeito, este site usa cookies. Estes cookies destinam-se a optimizar a sua experiência de navegação neste site.