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UAE to implement 5 percent VAT from Jan 2018

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(Dubai) - The UAE will implement value added tax (VAT) at the rate of five per cent from January 1, 2018, said Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs. The minister was speaking to reporters after a joint press…

Al Tayer receives Indian Minister State for Financial Affairs

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(Abu Dhabi) -Obaid Humaid Al Tayer, Minister of State for Financial Affairs of the UAE, received Jayant Sinha, Indian Minister of State for Finance, and members of the delegation accompanying him, to discuss opportunities for future cooperation…

UAE heads Meeting of AMF Board of Governors

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(Kuwait) - Obaid Humaid Al Tayer, Minister of State for Financial Affairs headed the 38th Annual Meeting of the Board of Governors of the Arab Monetary Fund (AMF). This meeting was held alongside the annual meetings of Arab Financial Institutions,…

U.A.E. participates in Deauville Partnership meeting

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(Washington, D.C.) - On the margins of the annual meetings of the International Monetary Fund, IMF, and the World Bank Group in Washington, H.E. Obaid Humaid Al Tayer, U.A.E. Minister of State for Financial Affairs, participated in the Deauville…

Al Tayer meets Italian envoy

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(Dubai) - Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met the Italian Ambassador to the U.A.E. Giorgio Starace at the Ministry’s Headquarters in Dubai. The meeting was held in the presence of Majid Ali Omran, Director…

UAE Minister Chairs Arab Group at IMFC's Meeting

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(Washington D.C) - The UAE Minister of State for Financial Affairs, H.E. Obaid Humaid al-Tayer, met with a number of key global economic figures in meetings on the sidelines of the International Monetary Fund (IMF) and the World Bank annual…