BRIEF-Commercial Bank of Dubai 9-month profit falls

* NINE-MONTH TOTAL REVENUE 1.99 BILLION DIRHAMS VERSUS 1.80 BILLION DIRHAMS YEAR AGO * AS OF END SEPT LOANS AND ADVANCES STAND AT 47.5 BILLION DIRHAMS, UP 14.9 PERCENT YEAR-ON-YEAR * AS OF END-SEPT 2017, CUSTOMER DEPOSITS STAND AT 47.5 BILLION DIRHAMS, UP ... ( read original story ...)

Emirates Islamic inks wasl home finance deal

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, said it has tied up with wasl Asset Management Group to offer attractive home finance facilities for its park-side freehold master development in the heart of Dubai. ( read original story ...)

UAE yet to determine VAT rates on goods

The UAE government is still in the process of preparing the executive regulation for value-added tax (VAT) and the rates on supply of goods and/or services and exports are yet to be determined, said a top Ministry of Finance official. The UAE MoF is ... ( read original story ...)

Taxation is Coming to the Tax Free United Arab Emirates: Dubai

Products covered by the new regulations include cigarettes and alcohol. Moreover, the UAE Ministry of Finance had also announced that a Value Added Tax on non-essential goods will take effect in January 2018. The implementation rate will be at 5 percent ... ( read original story ...)

No VAT on sale and purchase of shares in UAE

On Tuesday, Dubai Financial Market saw 451.2 million shares changing hands worth Dh525.2 million. Abu Dhabi Securities Exchange witnessed 62.8 million shares trading worth Dh100.6 million. As part of the wider Gulf Cooperation Council agreement ... ( read original story ...)