15 March 2019

Please see our predictions below:

Predictions:

EU decision to name UAE as tax haven will prompt limited reform but Emirates will maintain favourable environment for international business

Lack of significant penalties for inclusion on list means EU decision will have limited impact on investment inflows

Inclusion on blacklist will be embarrassing for UAE and leaders will lobby European allies to press for its removal

Analysis:

EU governments added the UAE to a list of countries they view as tax havens on 12 March. The extended list, which has been adopted by all EU..

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