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Website. mof.gov.ae. The Ministry of Finance (MoF) ( Arabic: وزارة المالية) is the ministry of the federal government of United Arab Emirates which is responsible for public finances. The ministry's objective is to promote fiscal planning and fiscal sustainability of the federal government of the United Arab Emirates.
The Cabinet of the United Arab Emirates, or Council of Ministers ( Arabic: مجلس الوزراء ), is the chief executive body of the United Arab Emirates (UAE) federal government. The cabinet consists of federal government ministers, and is led by the prime minister of the United Arab Emirates. Although not stated in the Constitution of the ...
Website. Official Portal. The Securities and Commodities Authority (SCA) is a federal financial regulatory agency in the United Arab Emirates. It was established based on Federal Decree No. (4) of 2000 by then-president of the UAE, Khalifa Bin Zayed Al Nahyan and it's amendments issued in Federal Law 25 of 2006, amending the former law.
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs ...
Bank rate. 5.15% [1] Website. centralbank .ae /en. The Central Bank of the United Arab Emirates ( Arabic: مصرف الإمارات العربية المتحدة المركزي) ( Central Bank of the UAE or CBUAE) is the state institution responsible for managing the currency, monetary policy, banking and insurance regulation in the United Arab ...
Abdulla bin Touq Al Marri (Arabic: عبدالله بن طوق المري; born 1982 [1]) is an Emirati politician. He has been the United Arab Emirates's Minister of Economy since July 2020 and is Chairman of the Securities and Commodities Authority. [2] He is a former Secretary General of the UAE Cabinet, a supportive body within the ...
The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead of the 2018 implementation of a federal value added tax (VAT). The current standard VAT rate in the country is 5%. In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023.
The Mohammed Bin Rashid Al Maktoum Global Initiatives (commonly referred to as MBRGI) is a foundation based in the United Arab Emirates (UAE), launched in 2015 by the UAE ministry of finance, consolidating some 33 philanthropic initiatives overseen in the past two decades by Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai.