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    Emiratis to get refund of VAT incurred on building new homes

    Emiratis to get refund of VAT incurred on building new homes

    20 Nov 2019

    The Board of Directors of the Federal Tax Authority (FTA), held its 10th meeting on Wednesday at the FTA’s Dubai headquarters, headed by its Chairman Sheikh Hamdan Bin Rashid Al...

    Facebook could do to banks what it did to publishers

    Facebook could do to banks what it did to publishers

    27 Oct 2019

    Elaine Ou, Tribune News Service Mark Zuckerberg, Facebook’s chief executive, testified about his company’s cryptocurrency project at a hearing held by the House Financial Services Committee. In his testimony, Zuckerberg...

    Clerk jailed for stealing tourists' VAT refunds

    Clerk jailed for stealing tourists' VAT refunds

    26 Oct 2019

    Hamza M Sengendo, Staff Reporter A clerk who cheated tourists and pocketed their VAT refunds has failed to convince the Appeals Court that the money he took was worth...

    Markets surge as China, US agree to hold trade talks next month

    Markets surge as China, US agree to hold trade talks next month

    05 Sep 2019

    China and the United States on Thursday agreed to hold high-level talks in early October in Washington, boosting markets as investors hoped for a thaw in the trade war between...

    UAE sets daily maximum limit of Dhs7,000 for VAT refunds

    UAE sets daily maximum limit of Dhs7,000 for VAT refunds

    07 Jul 2019

    UAE has set a daily maximum limit of Dhs7,000 for cash refunds of Value Added Tax (VAT) for tourists applying through the Tax Refunds for Tourists Scheme. New refund limit...

    G20 finance chiefs concerned over risks from trade conflict

    G20 finance chiefs concerned over risks from trade conflict

    09 Jun 2019

    Group of 20 finance leaders on Sunday said that trade and geopolitical tensions have “intensified”, raising risks to improving global growth, but they stopped short of calling for a resolution...

    Eurozone countries hit record low bond yields

    Eurozone countries hit record low bond yields

    07 Jun 2019

    Several eurozone countries are seeing their borrowing costs hit their lowest levels on record as the European Central Bank (ECB) opens the door to more stimulus in the face of...

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