Introducing VAT would be a major economic reform in the GCC, which have minimal tax systems and no tax on income.
Introducing VAT would be a major economic reform in the GCC, which have minimal tax systems and no tax on income.
Sharper rise in output, solid improvement in business conditions give lift
A strategy with ambitious goals and clear pillars, the Dubai Clean Energy Strategy aims to provide seven per cent of Dubai's energy from clean energy sources by 2020.
While possible, there is a delicate balance between its pros and cons.
UAE economy continues to see balanced growth, enhancing competitiveness and overcoming obstacles.
The ministry's participation at the event is in cooperation with the HKTDC and the Abu Dhabi Technology Development Committee.
Growth of Web service sites in UAE provides opportunities.
Eurozone business growth accelerated slightly in November, but with firms cutting prices again the improvement will do little to alter expectations of further monetary easing by the European Central Bank.
Market uncertainty in the backdrop of falling oil prices and the expected increase in global interest rates have dampened activity in sukuk supply following a buoyant 2014.
Raghuram Rajan, the governor of the central bank, kept the cash reserve ratio unchanged at four per cent.