Tuesday, June 25, 2019

Money & Business

Latest updates on Middle East businesses,Growth of Financial Sectors,Implementation Of Latest Technology and Role of Consumers.

UAE: not a sanctuary for tax fugitives

British tax fugitives, you have no place in the UAE, senior UK officials have warned. A high-level delegation from Her Majesty’s Revenue and Customs (HMRC),...

VAT and UAE property seekers

Everyone with a roof over their head wants to know how the revised VAT law will impact property sales in the UAE. As the sale...

Blackstone to seek $10bn for Saudi-backed fund

Blackstone Group, the private equity giant with ambitions for the largest-ever infrastructure fund, is seeking as much as $10 billion to supplement a $20...

Saudi: 213% increase in smokers wanting to quit

Sharifa Al-Zahrani, the head of the ministry’s smoking cessation clinics, said that taxes are the most effective way to help people, especially the youth,...

Dubai real estate news

Even by the level of conspicuous consumption prevalent in Dubai’s fitful property market, apartments at the Royal Atlantis stand out. Together with the 795-room...

Saudi prepares to slash oil output, but hopes allies won’t steal...

Saudi's Energy Minister Khalid Al-Falih.AP Photo/Khalid MohammedSaudi Arabia has promised to do “whatever it takes” to end the global oil glut. If it cuts...

Saudis won’t be taxed on investments in Abu Dhabi

RIYADH: The Abu Dhabi government has announced a package of incentives for Saudi investors including exemption from taxes, and that they will be treated...

Saudi Aramco considers shelving its IPO

Saudi Aramco is considering shelving plans for an international listing in favour of a private share sale to the world’s biggest sovereign wealth funds...

UAE labor law: annual leave

 Annual leave is a hot topic that we hear about regularly. Many people have questions about their rights to paid leave. Here is everything you...

IIF: UAE the best managed economy in the region

The UAE is the best managed economy in the region, according to the latest regional economic outlook report from the Institute of International Finance...
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