Ministry of Finance announces the issuance of a federal decree-law concerning federal properties

العربية Ministry of Finance announces the issuance of a federal decree-law concerning federal properties February 19, 2024 The Ministry of Finance in the UAE announced the issuance of federal decree-law number (35) concerning federal properties for the year 2023. The law aims to further develop the legislative environment in inventorying and managing government properties. The […]

Islamic Treasury Sukuk Continue to Achieve Exceptional Results

العربية Islamic Treasury Sukuk Continue to Achieve Exceptional Results February 13, 2024 The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction, which is […]

UAE Ministry of Finance says OECD’s rating of Free Zone Corporate Tax regime will enhance UAE’s Global Competitiveness

العربية UAE Ministry of Finance says OECD’s rating of Free Zone Corporate Tax regime will enhance UAE’s Global Competitiveness February 10, 2024 The UAE Ministry of Finance said the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the United Arab Emirates Free Zone Corporate Tax […]

Ministry of Finance Launches Expanded Digital Procurement Platform Catalogue

العربية Ministry of Finance Launches Expanded Digital Procurement Platform Catalogue February 06, 2024 The UAE Ministry of Finance today launched the newly updated catalogue for the Digital Procurement Platform, which has expanded to include 35 categories containing more than 120,000 products and services provided by 230 suppliers. The event, gathering the attendance of representatives from […]

UAE Ministry of Finance Implements Robotic Process Automation, Boosting Efficiency by 85%

العربية UAE Ministry of Finance Implements Robotic Process Automation, Boosting Efficiency by 85% January 30, 2024 The UAE is no stranger to groundbreaking transformations, as it propels a thorough and comprehensive economic diversification drive to shift towards a knowledge- and innovation-based economy with the aim of becoming the best country in the world by its […]