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
Over 7,300 tonnes of UAE humanitarian aid arrives in Gaza
UAE President gifts H.H. Sheikh Mohammed photo album celebrating shared journey
UAE condemns terrorist bombing targeting Pakistani police forces
Dubai plans school bus pooling service to ease congestion
