Search Results for: UAE
UAE Releases FATCA Guidance, Registration Form
July 22nd, 2015
The Finance Ministry of the United Arab Emirates has released US Foreign Account Tax Compliance Act guidance notes and the registration form for entities to access the FATCA reporting portal. FATCA, enacted by the US Congress in 2010, is ...
Qatar named world’s richest country, UAE also in top 10
July 20th, 2015
Qatar has been named the richest country in the world in a new study which includes all six Gulf states in the top 34 Qatar, Luxembourg and Singapore were ranked the top three in the research published this week ...
UAE now one of top 10 markets in the world for retailers
July 16th, 2015
The UAE has been named as one of the top 10 markets for retailers in the world The Retail Operations Index by the construction consultancy Arcadis found that the UAE was the eighth-most popular global location among international retailers ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
Greek meltdown has UAE tour operators scrambling for holiday alternatives
July 2nd, 2015
As the Greek debt crisis drags on, scaring away potential visitors, tour operators in the UAE are looking at alternative destinations for the summer. The Mediterranean nation is technically in arrears after having missed its €1.6 billion (Dh6.52bn) payment ...
UAE among priority countries for Standard Chartered
June 26th, 2015
Standard Chartered has outlined a plan to spend more money growing its business in emerging-market countries including the UAE, where the fallout from lower commodity prices has not been as crippling as it has been in countries such as ...
UAE tops regional countries on inclusive growth
June 25th, 2015
The UAE has topped countries in the Middle East and Africa (MEA) region for inclusive growth, with a score of 57.58, according to MasterCard’s 2015 Middle East and Africa Inclusive Growth report. Factors including the UAE’s diversification of its ...
Market get a boost: Etisalat 40 percent is open to investment by individual UAE citizens
June 25th, 2015
News that restrictions on investment in United Arab Emirates telecommunications operator Etisalat will be loosened may boost Abu Dhabi’s market on Tuesday, while other bourses may have a modestly positive tone. At present, the government’s Emirates Investment Authority (EIA) ...
UAE and US sign agreement to provide tax information
June 22nd, 2015
The UAE and US have signed an agreement to implement America’s new Foreign Account Tax Compliance Act (FATCA), the Ministry of Finance announced in a statement carried by state news agency WAM on Saturday. The agreement means all US ...
Complications in Egypt and UAE firm $45 Billion project
June 11th, 2015
Egypt’s housing minister on Tuesday acknowledged “complications” in contract negotiations with the investment fund expected to lead development of a new administrative capital east of Cairo. Mustafa Madbouly declined to speak in detail about the talks, which began after ...
