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New UAE Investment Law to Boost GDP

New UAE Investment Law to Boost GDP

May 15, 2014 8:57 pm

Dubai: The anticipated release of UAE Investment Law by the end of this year is expected to enhance the GDP of UAE between 3%-4%, according to the UAE Minister of Economy, Sultan Al Mansouri. Al Mansouri told Gulf News on the sidelines of the Annual Investment Meeting 2014 that the new law will boost the […]

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Economic committee at Dubai Executive Council reviews Dubai Economic Review Report 2013

Economic committee at Dubai Executive Council reviews Dubai Economic Review Report 2013

May 15, 2014 8:57 pm

Dubai: Dubai Executive Council’s (DEC) Economic Development Committee today reviewed the ‘Dubai Economic Report 2013′, during the committee’s regular meeting. Shaikh Ahmad Bin Saeed Al Maktoum, Second Chairman of DEC and Chairman of the committee chaired the meeting in the presence of the Secretary –General of the DEC, Abdullahi Al Shaibani. The report , which […]

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UK Announces Tougher Penalties for Offshore Evaders

UK Announces Tougher Penalties for Offshore Evaders

May 15, 2014 8:56 pm

Strict new rules proposed this week could see UK criminal convictions handed down to those with undeclared income offshore, even if the HMRC (HM Revenue and Customs) is not in a position to prove a tax evasion intention. In future, HMRC would only be required to demonstrate that the income was taxable and undeclared, rather […]

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