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Arabian Business
01-05-2025
- Business
- Arabian Business
UAE and New Jersey gaming regulators sign Memorandum of Understanding
The New Jersey Department of Law and Public Safety, Division of Gaming Enforcement (DGE), and UAE's General Commercial Gaming Regulatory Authority (GCGRA) have signed a Memorandum of Understanding (MOU) which establishes a partnership between the two gaming regulators focusing on cybersecurity, consumer protection, and other areas of regulatory collaboration. 'Choose New Jersey' facilitated the agreement as part of the US state's economic mission to the Arab States. The GCGRA was e stablished by Federal Law by Decree and is headquartered in Abu Dhabi. It is a federal government authority mandated with the exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities and facilities in the UAE. UAE-New Jersey gaming collaboration Kevin P Mullally, CEO of the General Commercial Gaming Regulatory Authority, commented: 'Commercial gaming is a key pillar of the UAE's strategy for diversified economic growth, playing a significant role in driving tourism and attracting foreign investment. 'This agreement represents a unique opportunity to align innovative technology with modern, collaborative regulation to unlock substantial economic potential while ensuring the highest standards of consumer protection.' Phil Murphy, Governor of New Jersey, added: 'New Jersey's role as a national leader and international destination for gaming is strengthened by global partnerships that drive innovation in an industry where consumers seek exciting experiences. 'The collaboration between the DGE and GCGRA will strengthen our international economy while prioritising responsible gaming.' Under Governor Murphy's leadership, New Jersey's online gaming industry has experienced significant growth, with total gaming revenue more than doubling and solidifying the state's position as a national leader in this rapidly evolving sector. The New Jersey DGE is the premier law enforcement agency and investigative authority within the state's casino regulatory framework. It is comprised of a dedicated team of attorneys, investigators, and accountants, and works closely with the New Jersey State Police and Division of Criminal Justice prosecutors to uphold the integrity of gaming operations. MaryJo Flaherty, Interim Director, New Jersey Division of Gaming Enforcement, added: 'As one of the longest-standing gaming authorities in the United States and throughout the world, DGE looks forward to its cooperative relationship with GCGRA as it continues to proceed with its gaming regulation implementation in a number of important areas including technological innovations, gaming enhancements and initiatives, and cybersecurity practices and protections. 'DGE has previously worked with several key GCGRA principals in the New Jersey regulated gaming industry and looks forward to ongoing collaboration under the MOU, emphasising that New Jersey has been at the forefront of responsible gaming actions and initiatives.'
Gulf Business
14-03-2025
- Business
- Gulf Business
Latest pictures: See how RAK's Wynn Al Marjan is shaping up
Image credit: Supplied by Invest Dubai Real Estate (IDRE) Progress on the new Wynn Resort on Al Marjan Island, Ras Al Khaimah, is steadily advancing as per recent images that Gulf Business has obtained. Read more: Wynn Al Marjan Island is located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah and is all set for opening in 2027, according to recent statement from The latest update on the project, which was published last month, indicates that Construction on Wynn Resorts' casino began in early 2023 and will include 1,542 rooms and suites, including 22 private villa estates, a 15,000 sqm shopping esplanade, a five-star spa, and a 7,500 sqm meetings and event centre at a cost of around £3.1bn (Dhs12.4bn). The d The photos posted below reflect how far development on the project has come. Gulf Business has received the latest pictures of the project's progress from Invest Dubai Real Estate (IDRE). Image credit: Supplied by Invest Dubai Real Estate (IDRE) Image credit: Supplied by Invest Dubai Real Estate (IDRE) General Commercial Gaming Regulatory Authority in UAE The The entity was established by Federal Law by Decree and is headquartered in Abu Dhabi. It is the executive authority that holds exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities and facilities in the UAE. The authority also states that any GCGRA's mandate for the casino, which comes under the umbrella of land-based gaming facilities, includes physical establishments that offer a variety of commercial gaming games, such as slots, roulette, blackjack, baccarat, craps, and more. Residential development at the Al Marjan Island The Al Marjan Island in Ras Al Khaimah will also feature around 20 residential developments, according to a statement from IDRE. The brokerage says the stock is set to include off-plan studios, as well as one, two, and three bedroom apartments to be launched from April 2025 onwards. IDRE says at launch of one-bedroom apartments under its portfolio, some of these will be listed at £475.64 per square feet (Dhs2,220) with a final cost of £368,621 (Dhs1,705,000). 'Wynn Al Marjan Island is one of the most exciting building projects happening in the UAE, and IDRE is delighted to be leading the sales of a number of the main residential developments in the area,' Asad Khan, CEO of IDRE, said. 'Every lot was sold months ago because people recognise that Wynn Al Marjan Island has the potential to be the new jewel in the crown of the UAE for aspirational people to work, live, and invest,' Khan added. Highlighted below are concept images from Wynn Resort's Instagram page which shows how it is intended to look once completed. Image credit: wynnalmarjanisland/Instagram Image credit: wynnalmarjanisland/Instagram Image credit: wynnalmarjanisland/Instagram
Khaleej Times
16-02-2025
- General
- Khaleej Times
UAE: How long can parents sponsor children on a residency visa?
Question: I hold a regular two-year visa in the UAE. I am a father to twins – a boy and a girl. I wish to understand how long I can sponsor their visas in the UAE. Please advise. Answer: A foreigner who has obtained a residence permit in the UAE may sponsor family members to reside there. This is in accordance with the Article 9 of Federal Law by Decree No. (29) of 2021 Concerning Entry and Residence of Foreigners. 'A foreigner who has obtained a residence permit in the state may bring in his family members, in accordance with the terms and conditions set by the Executive Regulation of this Law by Decree.' A foreign resident may sponsor his spouse, sons under the age of 25, unmarried daughters, and children with special needs (regardless of age) based on guidelines set by the authorities. Additionally, the residence permits for family members will be valid for the same duration as the sponsor. This is under the Article (54) of Cabinet Resolution No. (65) of 2022 Issuing the Executive Regulations of UAE Immigration Law which states, 'The foreigner residing in the state (male or female) may bring in his family members, including the husband and children who have not reached (25) twenty-five, or unmarried daughters. Children with special needs, regardless of age, in accordance with the regulations issued by the ICA Chairman: The foreigner who has obtained a Green Residence Permit may bring in his first-degree relatives; and The Family Members Residence Permit shall be granted for the same period of residence as the guarantor/head of the family, and in all cases, the validity term of residence for family members shall not exceed the validity term of the residence of the Guarantor/Head of the family.' Based on the aforementioned provisions of the law, you may sponsor your daughter without any age restrictions until she is unmarried. However, you may sponsor your son's residency visa in the UAE until he attains the age of 25. Furthermore, for additional clarifications, you may reach out to the General Directorate of Residency and Foreigners Affairs (GDRFA) Dubai or the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP).
