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Top UAE firms hailed for GCC infrastructure growth

DUBAI / Emirates Business The unprecedented growth of the infrastructure sector across the GCC over the past six decades has been one of the most significant achievements of the region as top Emirati firms have been selected for outstanding contributions to GCC’s infrastructure growth. Guided by the ambitious national visions set by the leadership of each GCC state, the world ...

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Ministry issues executive ruling on excise tax

DUBAI / WAM The Ministry of Finance (MoF) published Cabinet Decision No. (37) of 2017 on the Executive Regulation of the Federal Decree-Law No. (7) of 2017 on Excise Tax, as well as Cabinet Decision No. (38) of 2017 on Excise Goods, Excise Tax Rates and the Method of Calculating the Excise Price, the latter of which will add 50 ...

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ADGM recognised as aircraft financing and leasing hub

ABU DHABI / Emirates Business The strength and role of Abu Dhabi Global Market (ADGM) as a strategic hub for aircraft financing and leasing has been endorsed and corroborated by PwC in the newly published Aviation Comparative Jurisdiction Report (the ‘Aviation Report’). ADGM, the International Financial Centre in Abu Dhabi, worked with PwC to analyse the wide and expanding Double ...

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