UAE financial advisory firm, Arton Capital, has called for a “Global Citizen Tax” to be implemented to fund the current refugee crisis. They have called on the European Union to institute a levy on foreign investors as part of their residence and citizenship programs. The firm says the proposed tax could raise in excess of AED 1 billion within 18 months, and up to AED 4 billion in the next five years. Armand Arton, CEO of Arton Capital, shares if investors would be happy with this additional tax.
Listen
UAE condemns attack on Indian-flagged ship off Oman coast
UAE, UK ministers discuss regional stability, bilateral ties
H.H. Sheikh Hamdan reviews operations, developments at Jebel Ali Port
Drugs hidden inside passenger’s body seized at Abu Dhabi Airport
