UAE Hit by Missile and Drone Attack Again, Some Middle Eastern Funds Consider Moving to Singapore

BlockBeats News, March 13th, the UAE stated that the local area was hit by a total of 7 missiles and 27 drones last Friday. On the same day, the UAE's Abu Dhabi National Oil Company set the official selling price of Murban crude oil for April at $69.45 per barrel.

Meanwhile, crypto KOL "Late Night Cat" revealed that some family offices from the Middle East have recently contacted Singapore, planning to move funds to the country, and some Dubai family offices have started discussing landing details. However, the related funds entering Singapore still need to go through compliance processes such as background checks by the Monetary Authority of Singapore.