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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 ...
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 ...
Al Falasi. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum ( Arabic: مكتوم بن محمد بن راشد آل مكتوم; born 24 November 1983) is an Emirati royal and politician who serves as minister of finance of the United Arab Emirates, deputy ruler of Dubai [1] and chairman of Dubai Media Incorporated. He was named as deputy ruler ...
The United Arab Emirates is a high-income developing market economy.The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023.
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 ...
t. e. The federal government of the United Arab Emirates ( UAE federal government or UAE government) is the national government of the United Arab Emirates, a unitary federation of seven self-governing emirates. The federal government is divided into a legislative, executive, and judicial branch. The executive branch namely, the Cabinet led by ...
The Government of Dubai ( Arabic: حكومة دبي) is the subnational authority that governs the Emirate of Dubai, one of the seven constituent monarchies which make up the United Arab Emirates. The executive authority and head of the government is the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. The Ruler of Dubai appoints the ...
The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead of the 2018 implementation of a federal value added tax (VAT). The current standard VAT rate in the country is 5%. In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023.