In spite of not having personal income taxes in the UAE, American expats are required to file expat tax returns to the United States if they meet the U.S. requirements. Rules for filing. It is not …
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Banks in the UAE are already cashing in on DEWA IPO – by lending to potential investors
Banks in the UAE are seeing a rush of interest for loans – and they have the upcoming DEWA IPO to thank for it. Retail investor interest in the DEWA IPO – which opens for subscription March 24 – had …
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UAE Central Bank rate hike could impact mortgage loans, increase demand in high-end properties: expert
We will see an increase in demand across the market as buyers look to speed up their buying process to lock their mortgage product, and therefore their monthly payments, in place now, before they …
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What Happens To Your Bank Account When You Die Uae?
What Happens Hen Someone Dies In A Place Such As E Happens When Someone Dies In Uae? The UAE offers an array of ways for expats to bury orcremate their deceased friends, as well a …
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Dubai ‘not as affected by high inflation’ as other markets
Rising global inflation rates have not had as much of an impact on Dubai as on other markets as the emirate maintains a diversified supply chain, continues to attract talent from around the world and …
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Will Vat Be Reduced In Uae?
How Do I Qualify As An Exempt Supply For Vat In The U.S. A supplier is unable to export a product or provide medicines, medical equipment, or healthcare unless there’s a zero ra …
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UAE’s sovereign investment fund Mubadala announces partnership expansion with Apollo
Mubadala, the UAE-based sovereign investment company has announced an expansion of partnership with the US-based Apollo Capital, according to a social …
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Does The Uae Fund Terrorism?
Terrorist attacks are rare but according to official reports, the UAE hosts investors who seek to raise money to finance militants in Afghanistan, Pakistan, and raise funds for 9/11. In recent years, …
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Anti-Money Laundering in the UAE
Every country has faced problems related to money laundering, but measures are being taken for avoiding crimes related to finance terrorism and the ones that are organized. In the interests of …
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UAE Central Bank raises overnight deposit facility by 25 basis points
Decision follows US Federal Reserve Board’s announcement to increase interest on reserve balances UAE Central Bank raises overnight deposit facility by 25 basis points CBUAE, interest rate on reserve …
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UAE Central Bank hikes interest rate by 25 basis points
Hike comes as US Federal Reserve lifts rates for the first time since 2018 Dubai: The Central Bank of the UAE on Wednesday hiked its base rate by 25 basis points after the US Federal Reserve increased …
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UAE, Mauritius to enhance ties in key areas of central banking
The Central Bank of the UAE (CBUAE) and the Bank of Mauritius (BoM) signed a Memorandum of Understanding (MoU) on Tuesday to enhance cooperation in key areas of central banking and share supervisory …
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Irish fintechs go on display in Dubai
Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by Enterprise Ireland, the Irish Government’s trade and innovation agency in …
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UAE – Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics
March 2022 – Treehouse , a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an US$18 million …
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Why Uae Is Developing So Fast?
In the World Economic Outlook Report, the International Monetary Fund explained the potentially strong economy growth of the UAE based on increased nonpetroleum sector contributions and the strong …
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Partnership with Canada-Arab Business Council connects Alberta to the UAE
Invest Alberta has launched a partnership with the Canada-Arab Business Council (CABC) to expand its international network and bring more high-impact, high-value investment and jobs to Alberta. A …
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DEWA IPO, “valued between $27 billion and $37 billion”, will be first of 10 big upcoming listings on the DFM: expert
The DEWA IPO is part of the Dubai Markets Supervisory Committee’s strategy to increase the size of the emirate’s stock market to $816.74 billion DEWA IPO, “valued between $27 billion and $37 billion”, …
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