EPICON Capital

The UAE Cabinet has enacted Federal Decree Law No. 6 of 2025, a landmark reform designed to enhance the independence of the UAE Central Bank and formalize its role as the national Resolution Authority overseeing the stability of the financial system. The new legislation introduces a comprehensive framework aimed at reinforcing confidence in the UAE’s banking and financial ecosystem, aligning it with international best practices and digital transformation goals. Key highlights of the law...

The UAE Federal Tax Authority (FTA) has released a new Public Clarification (CTP008) addressing how Corporate Tax applies to family wealth management structures, including multi-tier setups, family offices, holding companies, and beneficiaries. This marks an important step in clarifying the treatment of such structures under the UAE’s evolving tax regime. What the Guidance Covers The clarification provides direction on: The corporate tax implications for family offices and holding structures....

Nvidia has joined forces with Abu Dhabi’s Technology Innovation Institute (TII) to establish the Middle East’s first Nvidia AI Technology Centre (NVAITC) in the UAE. This new lab will integrate the Technology Innovation Institute’s applied research strengths in robotics, AI, and high-performance computing with Nvidia’s leading accelerated computing platforms and AI capabilities. The collaboration targets breakthroughs in embodied AI, humanoid robotics, real-time systems, and large language...