Disclaimer: This article is intended for general information only and does not constitute personal financial advice under UAE regulations governing financial blogs and advertisements. In the world of corporate fraud, deception often wears a convincing suit. Even the most prestigious brands are not immune. In a gripping episode of social engineering gone wrong, Ferrari—Italy’s crown jewel of automotive luxury—narrowly escaped a costly fraud. The culprit? A con artist pretendin

Disclaimer: This article is intended for general information only and does not constitute personal financial advice under UAE regulations governing financial blogs and advertisements. A New Era: Personal Income Tax in Oman On 22 June 2025, Sultanate of Oman issued Personal Income Tax Law under Royal Decree No. 56/2025. The law introduces a 5% tax on personal income for individuals earning over OMR 42,000 per year (gross income). The tax becomes effective on 1 January 2028

Disclaimer: This article is intended for general information only and does not constitute personal financial advice under UAE regulations governing financial blogs and advertisements. While the Gulf countries have always played an influential role in shaping the geopolitical landscape of the Middle East, their aspirations are now more pronounced than ever. With a combination of economic might, regional alliances, and ambitious policies, these nations are actively working to r

Disclaimer: This article is intended for general information only and does not constitute personal financial advice under UAE regulations governing financial blogs and advertisements. The United Arab Emirates (UAE) has long been recognized as a global business hub, attracting multinational corporations, entrepreneurs, and investors seeking a strategic gateway to the Middle East and beyond. Now, with an ambitious plan to more than double its annual foreign direct investment (F

Disclaimer: This article is intended for general information only and does not constitute personal financial advice under UAE regulations governing financial blogs and advertisements. Dubai has emerged as a regional leader in combating financial crimes, bolstering its anti-money laundering (AML) and counter-financing of terrorism (CFT) frameworks. The 2nd Annual Anti-Money Laundering & Compliance Conference took place in Dubai in February 2025, serving as a pivotal gathering

Disclaimer: This article is intended for general information only and does not constitute personal financial advice under UAE regulations governing financial blogs and advertisements. Aviation finance law in the United Arab Emirates (UAE) plays a crucial role in the country's thriving aviation sector. One of the key legislations governing aviation finance in the UAE is Federal Law No. 20 of 1991, also known as the Civil Aviation Law. This law regulates various aspects of civi

The UAE has recently made significant revisions to its economic substance regime, as outlined in Cabinet Decision No. 98 of 2024. This...

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To improve identification of potential divestments most companies need to initiate or increase the frequency of portfolio reviews, engage...