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Deloitte report: Why the introduction of VAT is good for the GCC

As consumers, we may not like it. However, following the recent move by the United Arab Emirates to eliminate fuel subsidies, the debate on tax reform in Gulf Cooperation Council (GCC) countries has been reignited. And now Deloitte has joined the conversation by stating that value-added tax may be the best option for the GCC…

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Noor Bank offers new flexible finance option for UAE residents

Good news for those looking for a convenient personal loan. The UAE’s Noor Bank has this week announced that it is introducing a three-month ‘payment holiday’ to its personal finance offering. This means that any customer availing a loan can pay their first instalment up to three months after disbursal of the amount. This limited…

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