Middle East Briefing News

Saudi Arabia Releases Draft Real Estate Transaction Tax (RETT) Regulations

by

Saudi Arabia introduced a new regulatory framework for real estate transactions with the publication of RETT draft regulations by ZATCA, clarifying the application of the 5 percent RETT, exemptions, compliance obligations, and enforcement mechanisms. 

Eid al Fitr 2025 Holidays and Private Sector Guidelines in GCC

by

Eid al Fitr holidays for the private sector in GCC countries vary by nation, with most granting three to five days off. Labor laws ensure fair compensation for employees required to work during this period.

UAE’s Corporate Tax Deadlines and Compliance for 2025

by

Stay informed about the UAE’s corporate tax deadlines, compliance requirements, and potential penalties in 2025. Learn key steps to ensure timely registration and avoid fines.

2025年土耳其自由贸易区出口目标:关键行业、核心优势与投资潜力分析

by

土耳其计划至2025年通过其自由贸易区实现125亿美元的出口目标,重点聚焦于汽车制造、可再生能源开发以及豪华游艇生产等关键行业。为达成这一目标,土耳其将依托税收激励政策、灵活的运营机制以及对核心产业的战略性投资。

UAE Announces Eid al-Fitr 2025 Holiday Dates for Private Sector

by

The UAE has confirmed the Eid al-Fitr 2025 holiday dates. By planning ahead, businesses can effectively manage the holiday period.

Saudi Arabia Unveils SR1 Billion Green Financing Initiative to Accelerate Private Sector Sustainability Projects

by

Saudi Arabia launched a green financing initiative worth SR1 billion, aiming to accelerate private sector investment in sustainable projects, aligning with Vision 2030.

Oman’s Top-Up Tax for Multinational Enterprises: An Explainer

by

Oman’s Top-Up Tax Law, effective from January 1, 2025, mandates multinational enterprises (MNEs) to ensure a minimum 15 percent tax rate, with compliance steps including impact assessments, financial disclosures, and aligning with GloBE rules. MNEs must prepare for interim and year-end reporting, transfer pricing reviews, and ensure proper registration and filings. By Giulia Interesse On […]

Kuwait Approves Public Debt Law for US$65 Billion Bond Sale

by

Kuwait approved its Public Debt Law, authorizing US$65 billion in sovereign and Sukuk bonds over 50 years, aiming to attract investments.

Major Changes in UAE VAT Regulations: Key Takeaways

by

The UAE FTA has amended VAT regulations, impacting financial services, real estate, exports, and input VAT recovery.

Türkiye’s Free Zones Exports Goal by 2025: Key Sectors, Benefits, and Investment Opportunities

by

Türkiye aims to achieve US$12.5 billion in exports from its free zones by 2025, focusing on sectors like automotive, renewable energy, and luxury yacht manufacturing.

Showing 10 of 709 articles
Related reading
Back to top