All posts in " UAE "
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Middle East Chaos

By admin / July 23, 2019

The Middle East has been in turmoil and Trump has stood his ground against the neo-cons. The UAE is trying to avoid involving its nation in the conflict with Iran and certainly sees no upside to turning its country into a battlefield between the US and Iran. Iran promised to talk to the Yemeni officials […]

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United Arab Emirates to Introduce 5% VAT Thanks to IMF

By admin / February 26, 2016

The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to […]