UAE to implement 5 percent VAT from Jan 2018

UAE to implement 5 percent VAT from Jan 2018

(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 conference with Christine Lagarde, Managing Director of the International Monetary Fund (IMF), […]

Al Tayer receives Indian Minister State for Financial Affairs

Al Tayer receives Indian Minister State for Financial Affairs

(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 between their two countries. The two parties stressed the importance of the historical ties between the UAE and […]

UAE heads Meeting of AMF Board of Governors

UAE heads Meeting of AMF Board of Governors

(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, which are currently taking place in Kuwait. The meeting’s agenda included a number of discussions […]

U.A.E. participates in Deauville Partnership meeting

U.A.E. participates in Deauville Partnership meeting

(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 Partnership Finance Ministers’ meeting. The participants discussed the outcomes of the partnership, which was launched to […]

Al Tayer meets Italian envoy

Al Tayer meets Italian envoy

(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 of the International Financial Relations Department. They discussed bilateral relations, financial and customs cooperation. The two […]

UAE Minister Chairs Arab Group at IMFC’s Meeting

UAE Minister Chairs Arab Group at IMFC's Meeting

(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 meetings in Washington D.C. The meetings were aimed at discussing the global economic recovery outlook, […]

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