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The Ministry of Finance (MoF) (Arabic: وزارة المالية) is the ministry of the federal government of United Arab Emirates which is responsible for public finances. The ministry's objective is to promote fiscal planning and fiscal sustainability of the federal government of the United Arab Emirates. The ministry is located in Abu Dhabi ...
The first cabinet was formed following the union of UAE as a federation on 9 December 1971.. The last reshuffle was on 6 January 2024. Jurisdiction. The cabinet runs and represents the federal government of the United Arab Emirates and jurisdiction varies among the emirates of the United Arab Emirates, with some emirates such as the government of Dubai retaining broad jurisdiction over ...
The UAE's government have been injecting huge funds in tourism and real estate projects, especially in Abu Dhabi and Dubai. Al Saadiyat Island in Abu Dhabi and Burj Khalifa in Dubai, the tallest tower in the world, world central near “Jebel Ali” are a point in case of the milestones that have given the UAE its high profile of a global ...
Government-owned companies of the United Arab Emirates. Aabar Investments. Abu Dhabi Investment Council. Abu Dhabi Ports Company. Abu Dhabi Terminals. Abu Dhabi National Oil Company. Arab Media Group. Arabian Television Network. Creative City.
May 21, 2024 at 7:12 AM. By Federico Maccioni. DUBAI (Reuters) -The United Arab Emirates and United States will invest more in artificial intelligence as part of a strategic partnership, the UAE's ...
Abdulla bin Touq Al Marri (Arabic: عبدالله بن طوق المري; born 1982 [1]) is an Emirati politician. He has been the United Arab Emirates's Minister of Economy since July 2020 and is Chairman of the Securities and Commodities Authority. [2] He is a former Secretary General of the UAE Cabinet, a supportive body within the ...
Some emirates, including Dubai and Abu Dhabi charge a 20% flat corporate tax on the income of foreign banks based within their emirates. Income Requirements. As per the Ministry of Finance, Corporate Tax Rates are: 0% for taxable income up to AED 375,000; 9% for taxable income above AED 375,000 and
As part of the balance of powers between the Emirates, federal ministries were allocated based on representation, with the Emirate of Dubai maintaining Defence, Finance and Economy and the Emirate of Abu Dhabi retaining six cabinet posts, including Ministries of Interior and Foreign Affairs.