No plan for taxes on incomes or remittances in UAE, minister says.
VAT in the Gulf: Agreements reached recently by members of the GCC on certain design aspects of value added tax (VAT) systems implies that VAT shall be definitely be implemented.

Summary Of Daily News Updates

Modest wage outlook for GCC workers in 2016: Workers in the GCC countries can expect a real wage increase of 2.3 per cent in 2016, the lowest of these being the UAE where salaries are expected to increase by 0.9 per cent, taking inflation into account. Healthcare is the best sector to look for Job….

Dubai unveils plan to grow to four times its size. Dubai Ruler wants solar panels on every roof by 2030. Dubai property market likely to bottom out by end-2016. Dubai’s office market is showing signs of stabilizing, with average rents remaining virtually unchanged. In the next 12 months the office market is expected to slow…

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