News Archive 2018 | Page 7 of 12

The hardest thing in the world to understand is taxes. Albert Einstein   What is the “best” tax system and does it actually exist? Let us start with the basic question: how can an optimal tax system be defined, and by what criteria can its effectiveness and competitiveness be assessed? Economists, tax advisors, international experts, and business representatives generally agree that an absolutely perfect tax system does not exist...

In today’s global economy, having a reliable bank account with convenient access to international financial transactions is an important tool for both individuals and families engaged in cross-border activities. The banking system of the United Arab Emirates has traditionally been viewed as one of the most stable and well-regulated in the region, making Dubai a popular destination for opening personal bank accounts for both residents and non-residents...

The Silk Road, once connecting China with Europe, gets a second wind – this time with the help of digital technologies in Dubai. Digital Silk Road project was presented by the Dubai Chamber of Commerce and Dubai Future Foundation...

The Department of Economic Development of the Emirate of Dubai conducted a survey among business representatives on the level of business confidence. According to the results of the study, they noted the growth of positive sentiments in the region (in first half of 2018, compared to the same period of 2017), and also highlighted the factors that contributed to this: positive dynamics in the growth of prices for petroleum products and the increase in the volume of international trade...

“Dubai Airports. Connecting the world” – a slogan that fully reflects the mission of Dubai International Airport...