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Bahrain to launch new pearl diving licensing schemeBahrain's Ministry of Works, Municipalities Affairs and Urban Planning has unveiled a new scheme to license pearl diving activities, said a report. Starting from August 9, individual applicants can obtain a pearl diving licens More… |
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Ultra wealthy to spend more on luxury goodsThe spending of ultra-high-net-worth individuals (UHNWIs) on luxury goods is set to increase globally this year, said a survey. The Wealth Report’s Attitudes Survey found that over a third of the wealth advisors expected the More… |
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No plans for taxes on individuals in UAEThere are no plans to impose any taxes on individuals in the UAE, Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, was quoted as saying. “We are studying the issue of imposing new fees More… |
