Can I Close My FAB Bank Account from Abroad? If you are a customer of First Abu Dhabi Bank, commonly known as FAB, and you find yourself in a situation where you need to close your bank account while you are abroad, you may be wondering about the process and feasibility of doing so. Closing … Read more
As one of the fastest-growing countries in the world, the United Arab Emirates (UAE) has experienced rapid urbanization and infrastructure development. However, this rapid growth has also led to an increase in illegal construction activities, posing significant risks to public safety and the environment. In response, the UAE government has implemented stringent measures to combat … Read more
Who Owns Mashreq Bank? Mashreq Bank is one of the oldest and largest privately owned banks in the United Arab Emirates. Established in 1967 by the Al-Ghurair family, Mashreq Bank has been a key player in the region’s banking industry for over five decades. Today, the bank offers a wide range of financial services to … Read more
Is UAE Tax-Free for Foreigners? The United Arab Emirates (UAE) is known for its tax-friendly policies. But is it truly tax-free for foreigners? Let’s explore the tax system in the UAE. Income Tax in the UAE The UAE does not levy income tax on individuals. This means that both locals and foreigners do not pay … Read more
Local RTA Bus Fines in Dubai When it comes to using public transportation in Dubai, the Roads and Transport Authority (RTA) plays a crucial role in ensuring the smooth operation of bus services throughout the city. While the convenience of taking the local RTA buses is unparalleled, it’s essential to be aware of the rules … Read more
When it comes to banking in the United Arab Emirates, one name that often comes up is First Abu Dhabi Bank, commonly known as FAB. But is FAB an Islamic bank? Let’s delve into this topic to understand more about FAB and its banking principles. Credit: www.facebook.com Credit: www.bankfab.com About First Abu Dhabi Bank (FAB) … Read more
Does Zara Support Israel? Many consumers today are concerned about the stance that companies take on various political and social issues. One such topic that often comes under scrutiny is a company’s relationship with specific countries, especially those embroiled in conflict or controversy. In recent years, questions have arisen about whether Zara, a popular global … Read more
VAT in UAE for Freezone Companies Credit: tallysolutions.com Introduction to VAT in UAE Value Added Tax (VAT) is a tax on consumption. It is levied on most goods and services. The UAE introduced VAT on January 1, 2018. The standard rate is 5%. Credit: twitter.com What are Freezone Companies? Freezone companies operate in designated areas. … Read more
In an effort to combat environmental pollution and promote sustainability, Dubai has implemented a ban on single-use plastic bags. This initiative aims to reduce the negative impact of plastic waste on the environment and encourage the use of eco-friendly alternatives. Let’s delve deeper into the details of Dubai’s plastic bag ban, including fines, exemptions, and … Read more
Are you aware of the traffic rules and regulations in Dubai, specifically regarding red signal crossing? It’s crucial to have a good understanding of the fines and penalties associated with violating traffic laws in this bustling city. In this comprehensive guide, we’ll delve into the specifics of red signal crossing fines in Dubai, helping you … Read more
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