Egypt Approves Budget for FY2025-26 Amidst IMF Pressure

Economy & Trade Apr 01

Egypt's FY2025-26 budget, totaling EGP 4.6 trillion (US$90.97 billion), focuses on fiscal discipline, social protection, and economic growth, aligning with IMF-backed reforms. Key measures include increased subsidies, higher public sector wages, and targeted investments in productivity and infrastructure.

Tax & Accounting

Sharjah Natural Resources Tax 2025: Implications for Extractive and Non-Extractive Businesses

Mar 31

Sharjah's Natural Resources Tax, effective February 2025, imposes a 20% tax on extractive and non-extractive natural resources businesses.

Legal & Regulatory

Saudi Arabia Introduces New Ultimate Beneficial Ownership Rules

Mar 28

Saudi Arabia introduced the new Ultimate Beneficial Ownership (UBO) Rules, mandating all companies to identify, disclose, and maintain up-to-date records of their ultimate beneficial owners.

Economy & Trade

Egypt-India Economic Ties Eyeing US$12 Billion Trade Target & Investment

Mar 27

Egypt and India are strengthening trade and investment ties, aiming to increase bilateral trade from US$4.2 billion in 2024 to US$12 billion in five years, with key sectors including renewable energy, pharmaceuticals, and infrastructure.

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Apr 02
UAE-US Economic Relations: Trade, Investment, and Strategic Cooperation

Economy & Trade Mar 26
Saudi Arabia Releases Draft Real Estate Transaction Tax (RETT) Regulations

Tax & Accounting Mar 25
Eid al Fitr 2025 Holidays and Private Sector Guidelines in GCC

Human Resources & Payroll Mar 24
UAE’s Corporate Tax Deadlines and Compliance for 2025

Tax & Accounting Mar 21

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