Latest stories about decentralised finance UAE

UAE exempts crypto transfers, conversions from 5% VAT surcharge

The UAE exempts cryptocurrency transfers and conversions from VAT, effective from November 2024, with retroactive application from 2018.

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US-Iran deal “close to being reached,” Field Marshal Munir tells China’s Wang Yi

Field Marshal Munir told China's Wang Yi in Beijing that a US-Iran agreement is close to being reached and Pakistan will continue all-out efforts. Wang Yi called Pakistan a trustworthy mediator. Source: Xinhua. The Thursday Times reports.

Indians arrested in Canada, police dismantle extortion network

Canadian police have arrested 17 individuals, majority of Indian origin, linked to the For Brothers criminal network which allegedly extorted South Asian businesses across Canada and the US. 106 charges. FINTRAC confirms Indian crime syndicate links. The Thursday Times reports.

RedBird begins AC Milan reset after Champions League failure

AC Milan have confirmed the immediate departures of Giorgio Furlani, Igli Tare, Massimiliano Allegri and Geoffrey Moncada as RedBird begins a major reset after a failed season.

Pakistan’s mediation role ≠ Israeli normalisation

Pakistan’s role in de-escalation does not amount to acceptance of normalisation with Israel. Islamabad’s Palestine policy remains rooted in statehood, Al-Quds, and pre-1967 borders, not the politics of the Iran file.

Xi Jinping praises Pakistan’s role in US-Iran mediation

President Xi Jinping praised Pakistan's constructive mediation role between the US and Iran, welcoming Field Marshal Munir to Beijing alongside PM Shehbaz Sharif. Iran had thanked Pakistan by name earlier the same day. The Thursday Times reports.