Monday 25 June 2018

Bahrain to launch new pearl diving licensing scheme

Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning has unveiled a new scheme to license pearl diving activities, said a report. Starting from August 9, individual applicants can obtain a pearl diving licens


Ultra wealthy to spend more on luxury goods

The spending of ultra-high-net-worth individuals (UHNWIs) on luxury goods is set to increase globally this year, said a survey. The Wealth Report’s Attitudes Survey found that over a third of the wealth advisors expected the


No plans for taxes on individuals in UAE

There are no plans to impose any taxes on individuals in the UAE, Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, was quoted as saying. “We are studying the issue of imposing new fees

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