The UAE Central Bank withdrew AED23.8 billion in excess liquidity in four months, as part of its policy to manage excess liquidity in the banking system.
In the meantime, certificates of deposit at the bank rose to the tune of AED126.64 billion by the end of September.
Official statistics show that the month of September saw withdrawn excess liquidity ratchetingRead more
Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Decree No. 36 of 2017 on the Executive Regulations of Federal Law No. 07 of 2017 on Tax Procedures.
In addition, H.H. Sheikh Mohammed issued Ministerial Decree No. 38 of 2017 on the value of the tax imposed on products which are subjectRead more
Stephen Paddock, the man whose Las Vegas shooting rampage killed 59 people and left more than 500 injured, bought 33 guns in the past 12 months, a law enforcement official was quoted by US Today as saying on Wednesday.
Some of Paddock’s gun purchases date back more than 20 years, but authorities have determined that more than 30 of theRead more