The increasing role of government-backed export credit agencies in filling in the financing gaps in trade and export businesses – especially in meeting the short-term working capital needs –was highli …
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UAE Construction Equipment Market Report 2022: Excavators Accounted for 78.6% Market Share in 2021 – Strategic Assessment & Forecasts to 2028
In-depth analysis and data-driven insights on the impact of COVID-19 are included in this report. Government’s integrated waste management strategy is expected to have …
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Does Uae Have Zero Income Tax?
Individuals are not subject to income tax in the UAE. A corporate tax is imposed on foreign banks and on oil companies. A lot of goods which do not belong on the list for health and pollution reasons …
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Can Bank Put Travel Ban In Uae?
What Happens If Bank Loan Not Paid In Uae? There is also the risk that an account holder’s credit rating is damaged if all of the unpaid payments and overdue payments are captur …
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Are Expirtates Income Taxed In Uae?
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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