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 President arrives in Kuwait on fraternal visit
UAE condemns hostile Iranian attack on Saudi tanker
H.H. Sheikh Hamdan meets gold medallists of International Greenwich Olympiad
Dubai Police unveils next generation of 'Ghiath' smart patrols
Iran remains incapable of turning page on war: Gargash
UFC adds two more bouts to Abu Dhabi Fight Night
UAE certifies world's first commercial air taxi vertiport
