-
UAE: Supreme Court Bans Compound Interest in Financial Transactions
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No CommentsThe UAE Federal Supreme Court has banned compound interest in financial transactions, shifting towards simpler interest models and benefiting borrowers.
-
UAE Emerges as a Global Investment Magnet According to UNCTAD Report
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has seen a significant 28% increase in new foreign investment projects in 2023, solidifying its status as a global investment hub.
-
BRICS Welcomes the Middle East
- 16.01.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The UAE and KSA are already well-known as economic leaders in their region – joining BRICS could open new doors, offering fresh opportunities for trade and investment on a global stage.
Recent News
-
13 Feb 2026 TaxUAE Ministry of Finance Designates VARA as Competent Authority Under CIT Framework
-
13 Feb 2026 TaxUAE Cabinet Decision Exempts Certain Sports Entities from Corporate Income Tax
-
13 Feb 2026 TaxUAE Issues Cabinet Decision on Exchange of Tax Information
-
06 Feb 2026 DubaiUAE Non-Oil Trade Crosses AED 3.8 Trillion
-
06 Feb 2026 DubaiUAE and Austria Strengthen Trade Ties