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UAE economy diverse enough to overcome the oil-price Decrease

UAE economy diverse enough to overcome the oil-price Decrease

February 4, 2015 12:48 pm

The United Arab Emirates (UAE) is equipped with a diverse economy and has the knowledge and experience on how to control its budget in order to overcome and regulate the decrease in oil prices, which price has slumped to under $80 a barrel for the first time over the last four years. The entire Arabian […]

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UAE Plans to Increase Workforce as Economy Revives

UAE Plans to Increase Workforce as Economy Revives

February 4, 2015 12:46 pm

It was recently announced that almost 75% of United Arab Emirates (UAE) corporations and businesses intend to hire more people in a year, proving the country is growing steadily and efficiently. According to the most recent Middle East Job Index Survey, during the last six months, just over 65% of UAE companies have already hired […]

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UAE’s International Tax Overview

UAE’s International Tax Overview

February 4, 2015 12:41 pm

Basic Investment Information: UAE’s currency is known as the UAE Dirham (AED). The UAE has no foreign exchange control. It is required accounting principles and financial statements are drawn up every year. Principal Business Entities Principal Business Entities comprise of limited liability companies, private or public joint stock companies, any branches and representative offices in […]

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Cyprus Banks Surface form Stress Tests

Cyprus Banks Surface form Stress Tests

February 4, 2015 12:40 pm

According to the European Central Bank’s publication recently, the stress tests conducted on the banks of Cyprus have shown that three of the island’s banks have completed the test and have marked a surplus in capital. Only one completed the assessment with a manageable deficit. The main purpose of the stress tests, which examined 130 […]

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