Middle East
UAE predicts $3.3bn boost in first year of VAT
Saudi Arabia and the United Arab Emirates introduced a Value Added Tax (VAT) levy for the first time on 1 January, which is expected to produce an income of $3.3 billion for the UAE government in just one year.
Top 10 Middle East stories of 2017
A new family tax in Saudi Arabia, Abu Dhabi’s biggest ever scam and the UAE pushing ahead with a major life industry overhaul were some of the most read stories by our Middle East audience in 2017. To see the others, click through the slides.
Middle East | 21 Dec 17
Client expectations of advisers in 2018
Friends Provident International’s Philip Cernik sets out his view on what clients are expecting from advisers in 2018.
Middle East | 21 Dec 17
Will 2018 see a big reduction in UAE advisers?
Zurich International Life’s Andrew Dawson gives insights into the prospects for financial advisers in Dubai and elsewhere in the region.
UAE considers expat pension schemes
Pension schemes could soon be available for expat workers in the UAE, following a study that recommends replacing traditional end-of-service gratuity schemes with a savings investment fund.