The rate cut builds on the Fed’s action in September, when it kicked off its easing cycle with a large reduction of half a percentage-point, and penciled in additional cuts for this…
Tag: Federal
Federal Tax Authority offers grace period for March 2025 tax registrations
Granting a grace period for administrative penalties for registrants who have failed to update their tax record information was issued by the Cabinet; it stipulates that in the event where penalties were…
UAE Cabinet approves federal budget of Dh71.5 billion for 2025
Dubai: The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the federal budget for the…
US Federal Reserve, UAE Central Bank slash interest rates by aggressive 0.50%
Initial analyst reaction.. “This [Federal Reserve or FOMC] decision displays the Fed’s confidence that elevated levels of inflation have been successfully wrangled down from 2022 peaks,” said Mahmoud Alkudsi, Senior Market Analyst…
US Federal Reserve, UAE Central Bank keep key interest rates unchanged again
US Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in…
UAE federal regulators align to champion Abu Dhabi's AGWA agricultural cluster
Led by ADDED and ADIO, AGWA aims to become a global hub for innovative food and water technologies. The cluster supports local suppliers and exporters, maximizes commercial opportunities, and addresses global demand…
US Federal Reserve, UAE Central Bank keep key interest rates unchanged
US Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in…
UAE federal government posted revenues worth Dh66.2 billion
These numbers and statistics were announced during the 12th session of the Federal National Council, which was held Wednesday, chaired by Dr. Tariq Humaid Al Tayer, First Deputy Speaker of the FNC,…
Federal Tax Authority issues new corporate tax guide on Free Zone
The guide includes many examples to assist Businesses with understanding how the key elements of the Corporate Tax Law apply to Free Zone Persons. The guide also includes an explanation of the…
US Federal Reserve, UAE central bank keep key interest rates unchanged
Speaking at a news conference, Chair Jerome Powell noted that inflation has cooled considerably from its peak. But, he added, “inflation is still too high, ongoing progress in bringing it down is…