Categories :  Finance

Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA) and home to the largest, most developed FinTech ecosystem in the region, has continued to garner global recognition for DIFC FinTech Hive, the region's leading financial revolution accelerator.

Increasing foreign ownership would enable UAE banks to broaden investor base

The Federal Tax Authority (FTA) has begun implementing VAT refunds for business visitors, with an application form available on its website.

With muted economic growth, financial institutions would be wise to remain agile when managing regulatory challenges and technological innovations. However, this will require additional investment and capital.