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Will looming VAT, corporate tax hurt UAE expats?

For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar… Over the years, one...

Paying off your debts in UAE

Everybody has financial struggles at some point in their lives. But they can soon spin out of control if you don’t learn to manage...

Dubai, Abu Dhabi Among Top Global Financial Centers

The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...

Financial Literacy for Individuals Becomes a Priority in UAE

UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’ Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...

Funding Dubai SMEs: Challenges and Opportunities

Small and medium-sized enterprises (SMEs) play an important role in the UAE’s economy and contribute substantially to income, output and employment. Acknowledging the importance of...

VAT Calculator, Tax Registration Number Verification Service Now Online

The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering. The Federal Tax Authority...

Electronic IPO Services Highlighted at ADX

ADX hosts session on new Electronic IPO (eKtetab) services with leading UAE banks Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, recently held...

Al Etihad Credit Bureau begins the issuance of consumer credit reports

Al Etihad Credit Bureau has commenced the issuance of consumer credit reports to banks and financial institutions that have submitted historical credit data to...

Personal loans limit may be removed soon

New rules could allow loans of up to 50 times an applicants’ monthly salary The draft of a new system for approval of personal...

Newcomers to UAE can now benefit from consumer finance products

Complete consumer financing solution includes Personal and Vehicle finance, Credit cards, accounts and online banking Focus on customers with less than six month stay in...

Management Accountants Optimistic About Future Earning and Learning

“Never better time to be a management accountant” Pay levels for management accountants are performing well against the backdrop of low global inflation. The latest annual...

People in UAE can now pay Zakat and alms fees through...

In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, the...

Varengold Adds 15 Currency Pairs

Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian...

DAFZA is Ranked First Globally by the Financial Times’ fDi Magazine

Dubai Airport Freezone (DAFZA) has been ranked 1st globally by the Financial Times’ fDi Magazine, Global Free Zones of the Future Rankings and Awards...

DFM inaugurates Annual Stock Game for Students

Dubai Financial Market, DFM, today inaugurated its Annual Stock Game with the participation of 5,723 students from schools and universities in the UAE and...

Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...

Financing still a top challenge for UAE SMEs in 2015

Top sources of funds for SMEs include family and friends, private funding, as well as savings and credit cards A new MEED survey of SMEs...