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Nirav Shah

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UAE Amends Law To Empower Family Businesses
January 20th, 2020 - 07:19 GMT

UAE Amends Law To Empower Family Businesses

The UAE Cabinet's decision to approve a draft law amending the Agency Law to allow and encourage family businesses to go public will bring in more transparency, improve productivity and corporate governance, as well as address the liquidity shortage issue to a great extent in UAE markets, say analysts. Financial market analysts believe that allowing the family businesses - which are involved in diverse sectors, control wealth worth billions of ...
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The retail sales of gold and diamonds are still fully subject to VAT at five per cent. (Shutterstock)
May 31st, 2018 - 06:48 GMT

FTA Clarifies VAT on Gold, Diamond Deals in UAE

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