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UAE personal loans hit AED349bn in February

  Abu Dhabi / WAM Total volume of personal loans in the UAE increased to AED 349.9 billion in February 2017, according to a UAE Central Bank report issued on Tuesday, which affirmed the banks’ continual contribution to the overall wellbeing and growth of the economy. By providing personal and corporate finance facilities, as well as creation of jobs, the UAE ...

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MoF launches phase one of tax awareness workshops

  Dubai / WAM The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value-added tax, VAT. As the UAE prepares to introduce both taxes ...

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ADSIC organises future planning workshop for Abu Dhabi digital govt

  Abu Dhabi / WAM More than 120 government employees and managers, as well as top-tier experts from the private sector, attended a workshop on Future Planning for the Abu Dhabi Digital government. The workshop was hosted by the Abu Dhabi Systems and Information Centre (ADSIC) a government agency responsible for developing and managing the ICT sector in the UAE, which ...

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