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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, a free trade zone in the United Arab Emirates, announced that it has launched a new office block. Read Full Story
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
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
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
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
The Dubai Chamber of Commerce and Industry and Dubai Customs have developed a new risk-based platform for expediting trade for trustworthy companies. Read Full Story
Bank of Palestine, the territory's largest financial institution, has set up its first international representative office worldwide in the Dubai International Financial Centre tax-free zone. Read Full Story
The Dubai International Financial Centre, a free trade zone in the United Arab Emirates, signed a strategic partnership agreement with Dubai Economic Council on April 27, 2016. Read Full Story
The Dubai Multi Commodities Centre, a free trade zone in the United Arab Emirates, has agreed to collaborate with Chinese silver producer China Silver Group Limited to establish a central registry for a commodity ownership and financing platform for China's free trade zones. Read Full Story
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