Monday 23 October 2017
 
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Ministry of Finance

UAE offers $7.5bn in grants in H1; up 78pc

Domestic and international grants provided by the UAE rose 73.8 per cent to Dh 27.7 billion ($7.5 billion) during H1 2017, from a total of Dh 15.9 billion in 2016, according to the UAE Ministry of Finance. ''Grants provide

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UAE excise tax effective October 1

The Excise Tax Law shall come into play effective October 1 in the UAE, Ministry of Finance was quoted as saying by Wam, the Emirates official news agency. "The Tax shall impact all excise goods consumed inside the country, i

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UAE ministry signs key mortgage deal with EDB

UAE’s Ministry of Finance (MoF) has signed a cooperation agreement with Emirates Development Bank (EDB) to create an electronic register to publicise related rights to ‘Mortgage of Movable Property’ under the management of EDB.

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UAE ministry in deal to boost Dubai’s Islamic economy

UAE’s Ministry of Finance (MoF) has signed an agreement with Dubai Islamic Economy Development Centre to exchange experiences and coordinate on matters related to the strategic plan for ‘Dubai the Capital of Islamic Economy 2017-2021

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UAE to unveil new e-Dirham products at Gitex

The UAE Ministry of Finance (MoF), in partnership with National Bank of Abu Dhabi (NBAD), is set to launch new innovative e-Dirham products and services during the upcoming Gitex Technology Week, a major ICT show, in Dubai, UAE. T

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UAE ministry set to update employee records

UAE’s Ministry of Finance (MoF) will begin uploading Emirates ID numbers within employees’ records in the Federal Financial System, an essential reference for all financial transactions and procedures. The ministry wil

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UAE signs tax info deal with ADGM

The UAE Ministry of Finance has signed an agreement with Abu Dhabi Global Market (ADGM) on the automatic exchange of information for tax purposes in its premises. This step follows the ministry’s commitment to exchange tax i

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MoF strengthens partnership with Dubai foundation

The UAE’s ministry of Finance (MoF) has signed a memorandum of understanding (MoU) with Dubai’s Mohammed bin Rashid Al Maktoum Foundation (MBRF), to strengthen cooperation between the two entities.   

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UAE to set up World Bank office in Abu Dhabi

UAE has signed an agreement to establish an International Bank for Reconstruction and Development (World Bank) office in Abu Dhabi in a bid to strengthen its regional and international financial and economic relations. The announc

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VAT plans delayed by disagreement in region: UAE

The United Arab Emirates is still studying a proposal to impose a value-added tax but introduction has been delayed by a lack of agreement among neighbouring states on rates and exemptions, the Ministry of Finance said on Tuesday.

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