‘Islamic Finance News’ Archives
How Far is Dubai Tax Free in Reality?
One of the major reasons why so many travelers fly across Dubai's airspace is the duty free goods they can buy from its international airport. However, contrary to the popular belief, Dubai is not a tax free territory. It does provide certain tax incentives for various businesses to function and grow economically. The trend of tax benefits began [...]
Dubai and Abu Dhabi Look Forward to Booming Real Estate
The property market market in the United Arab Emirates, one of the hottest in the world, is set to continue until 2015 and beyond, according to new reports. Real estate and construction markets in the UAE are primarily focused on Dubai, which has been booming for several years, and the newer market of Abu Dhabi. (more...)