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
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
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 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.
Saudi Arabia issued $10.5 billion in sukuk in 2012, representing a 278 percent year-on-year increase, positioning the kingdom as the second major global issuer of sukuk after Malaysia, according to a new Kuwait Finance House report.
The UAE and the Republic of Serbia signed an agreement yesterday to avoid double taxation on income between both countries at the headquarters of the Ministry of Finance in Abu Dhabi.
The agreement was signed by Obaid Humaid Al Ta
The Ministry of Finance (MoF) has announced the launch of an automated budgeting system for independent federal entities in Abu Dhabi, in a bid to ensure the best use and development of federal government resources.
This is in lin
The UAE and the Republic of Fiji signed a final agreement to eliminate double taxation on income, in a move aimed at bolstering economic ties and enhance trade development between the two countries.
The agreement was signed by Younis Ha
Registered property contracts of GCC nationals in the UAE increased by 32 per cent amounting to 44,902 contracts in 2011 compared to 34,029 contracts in 2010, said a report.
The annual statistical report on the Gulf Common Market