Search Results for: United Arab Emirates
Oil prices stable, supported as output cuts hit market
December 13th, 2016
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a market that has been grappling with years of oversupply. International ...
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
Singapore imposed millions penalty to foreign banks branches
December 5th, 2016
The Monetary Authority of Singapore (MAS) announced today that it has imposed financial penalties of S$5.2 million and S$2.4 million respectively on Standard Chartered Bank, Singapore Branch (SCB) and Coutts & Co Ltd, Singapore Branch (Coutts) for breaches of ...
Oil price rally likely short-lived as OPEC deal not enough to reduce glut
December 2nd, 2016
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United ...
Oil prices fall as strong dollar wipes out OPEC cut optimism
November 18th, 2016
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 were trading down 13 cents at $46.36 per barrel at ...
WJP Rule of Law Index 2016; The Top performing countries
November 7th, 2016
The World Justice Project (WJP) Rule of Law Index® is the world’s leading source for original data on the rule of law. The 2016 edition expands coverage to 113 countries and jurisdictions (from 102 in 2015), relying on more than ...
Tax Experts Wanted in U.A.E.
October 20th, 2016
U.A.E. Ministry of Finance advertising about 30 tax jobs Gulf Arab monarchies to impose value added tax by 2018 The United Arab Emirates is setting up a federal tax authority that will be in charge of collecting levies, as ...
OneCoin official response to the recent statement of the Financial Conduct Authority
September 29th, 2016
OneCoin is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin has not been contacted by the City of London Police. No allegations of any wrongdoing have been put to OneCoin and the ...
Oil prices slip on profit-taking as investors await U.S. stockpile data
September 27th, 2016
Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session. The dollar was also weighing on oil prices after rising against a basket of currencies, suggesting ...
Abu Dhabi Tax-Free Zone Offers Bespoke Rules For FinTech Startups
September 12th, 2016
Abu Dhabi Global Market, a tax-free zone in the United Arab Emirates, has released details on its new Regulatory Lab initiative, which is intended to support companies to develop and test new financial technology solutions. The ADGM has released ...