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Dubai News - Business, Taxation & Offshore

IMF Welcomes MENA Tax Reform Progress

by Lorys Charalambous,, Cyprus

Monday, October 31, 2016

The International Monetary Fund has released a new report for countries in the Middle East and North Africa, noting that low growth rates and oil prices should encourage these territories to continue efforts to broaden their tax bases, including by introducing value-added taxes.Read Full Story


Jebel Ali Free Zone Launches New Business Center

by Lorys Charalambous,, Cyprus

Thursday, September 8, 2016

Jebel Ali Free Zone, a free trade zone in the United Arab Emirates, announced that it has launched a new office block.Read Full Story



Dubai, Abu Dhabi Tax-Free Zones In Regulatory Pact

by Lorys Charalambous,, Cyprus

Friday, August 26, 2016

The regulators of the Dubai International Financial Center and the Abu Dhabi Global Market have agreed to support each other on enforcing international financial market regulations.Read Full Story


Dubai Airport Freezone Seeks Stronger Ties With China

by Lorys Charalambous,, Cyprus

Thursday, July 14, 2016

The Dubai Airport Freezone Authority recently received a Chinese delegation headed by Zhang Qingwei, Governor of Hebei Province, to explore new investment prospects to deepen economic cooperation between the UAE and China.Read Full Story



DIFC Endorses Framework For Electronic Contracts

by Lorys Charalambous,, Cyprus

Wednesday, July 13, 2016

The Dubai International Financial Centre Authority has released a proposed new Electronic Transactions Law, DIFC Law No. 2 of 2016, for public consultation.Read Full Story


Kuwaiti Investment Company Opens Office In DIFC

by Lorys Charalambous,, Cyprus

Tuesday, July 12, 2016

Kuwait's KAMCO Investment Company announced on July 11, 2016, the opening of its first international office in the Dubai International Financial Centre.Read Full Story