The Exchange Houses Had Violated Anti-money Laundering Regulations
The UAE Central Bank on Monday downgraded the licence of some currency exchange houses and asked the residents not to send remittances through those exchange for violating regulations.
Th...
June 13, 201801494Category: Business
In UAE Gold And Diamond VAT Was Clarified By FTA
The retail sales of gold and diamonds are still fully subject to VAT at five percent.The Federal Tax Authority (FTA) on Wednesday clarified that the new Cabinet decision issued about VAT reverse charg...
May 31, 201801227Category: Business
Major Relief To Businesses In Dubai No Fines On Dubai Companies
The business community in Dubai hailed the decision.the government has decided to exempt companies from all fines and they can benefit from this decision and renew their licences by the end of 2018.
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May 30, 201801568Category: Business
Ramadan Is Set To Provide A Boost For UAE Retailers
UAE Retailers Set for Ramadan Boost, with two in five (40%) consumers believing that Ramadan has the best offers and is the best period for them to make all their purchases, new YouGov research reveal...
May 27, 201801173Category: Business