Saturday, January 19, 2019

Money & Business

Dubai areas where school fees are lowest

Deira, which hosts 18 schools, is considered to be the lowest priced area in relation to school costs, averaging Dh169,345 (for all year groups),...

World’s rarest diamonds come to Dubai

When it comes to high-end jewellery, diamond enthusiasts at the second day of the Dubai Diamond Conference 2017, were treated to the sight of...

No VAT on sale and purchase of shares in UAE

Value-added tax (VAT) will not be applicable on the sale and purchase of share transactions conducted by investors in UAE stock markets, said a...

UAE man to get $Dh1 million in radar fines

Excessive speeding, overtaking on the hard shoulder and driving recklessly can land a driver with hefty fines. But one driver in particular broke so many...

Saudi royal seeks $85 million for Beverly Hills compound

A second-generation member of Saudi Arabia’s ruling family is seeking a buyer for his 6.7-acre compound in Beverly Hills, the Wall Street Journal reported....

Bahrain: New tobacco and fizzy drinks levy on the way

Plans to levy a 50% tax on fizzy drinks and 100% on tobacco have been approved yesterday. The proposed legislation to tax unhealthy products...

Dubai home below Dh1 million?

All the action in the Dubai property sector is transpiring in the under-Dh1 million price market. Not only does this signify an effort by...

45% pay own medical bills in UAE: Survey

Nearly half of the respondents (45 per cent) of a well being survey done in the UAE said that they are not fully covered...

VAT rules not yet finalized: UAE Ministry of Finance

The UAE Ministry of Finance is still in the process of preparing the executive regulation of value-added tax (VAT) and tax rates on supply...

Worried UAE jewellers seek respite from VAT

The UAE is set to introduce five per cent VAT on a host of services and goods from January 2018 as part of the...
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