UAE, Israel working on double tax treaty to encourage investment

The United Arab Emirates and Israel have reached a preliminary agreement on avoiding double taxation, as part of moves to encourage investments between the two countries, the UAE finance ministry said on Thursday. Israel and the UAE signed a normalisation deal on Sept. 15, forging formal diplomatic ties. Israel ratified the deal in a cabinet … Read more

UAE ends boycott of Israel, permits economic and financial deals

A cargo plane operated by Etihad Airways prepares to land at Israel’s Ben Gurion Airport near Tel Aviv on June 9, 2020. The United Arab Emirates flew its first publicly announced flight to Israel on May 20, when Etihad sent medical supplies to help Palestinians cope with the coronavirus. Jack Guez | AFP | Getty … Read more

Abu Dhabi stock exchange looks to foreign investors as pandemic hits trading

View of Abu Dhabi’s skyline at sunset from Dhow Harbour in the UAE. Getty Images The Abu Dhabi bourse is making a fresh pitch to international investors, as it seeks to reverse a decline in first-half trading value linked to the coronavirus pandemic.  Abu Dhabi Securities Exchange (ADX) said its total trading value fell to … Read more