Dubai’s GDP grew 2.8% year-on-year in the first quarter of the year to reach AED111.3 billion (£23.7 billion), surpassing average global growth rates for Q1 2023. According to a...
New governance guidelines have been issued by the Dubai Centre for Family Businesses (DCFB) to support family firms operating in the emirate. They are designed to help them develop...
Five major projects have been announced by the UAE’s Ministry of Finance as it seeks to develop the national economy. The projects include corporate tax, supply chain strategies, climate...
Dubai has launched a new initiative to help attract digital start-ups to the emirate as the UAE seeks to double the contribution of the tech sector to its gross...
Financial institutions with operations in the UAE will soon have to comply with new anti-money laundering (AML) requirements set out by the Central Bank of UAE (CBUAE), relating to...
The UAE’s Federal Tax Authority (FTA) has launched its ‘Tax Agents Classification’ initiative, to simplify tax compliance for taxpayers. The online service will help taxpayers pick a specialist tax...
Malaysia and the United Arab Emirates are set to strengthen their economic ties by opening up discussions on a new trade agreement, known as the Comprehensive Economic Partnership Agreement...
The imminent introduction of the OECD-proposed global minimum tax (GMT) for corporates will lead to an influx of specialised accounting and audit firms into the UAE, according to an...