Middle East Briefing News

Investing in Kuwait: Vision 2035 and Strategic Development Opportunities

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For entities investing in Kuwait, the GCC country presents a stable, strategically connected market with an array of opportunities in the non-oil, technology, healthcare, and private sectors, facilitated by the Vision 2035 approach.

Oman-India Free Trade Agreement Stalls Over Market Access Demands

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The Oman-India FTA status is currently at a deadlock, with Oman seeking revisions to India’s market access offer.

Australia and the UAE Forge Stronger Bilateral Ties Through Landmark CEPA

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The CEPA with UAE, signed on November 6, 2024, will be implemented after Australia’s domestic treaty-making process, ensuring comprehensive stakeholder engagement.

How to Check Iqama Validity in Saudi Arabia

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Saudi Arabia offers multiple platforms where expatriates can check their Iqama validity and status with ease, both online and offline.

Investing in Oman’s Education Sector: A Growing Opportunity

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Oman’s education sector is evolving rapidly, presenting investment opportunities for foreign investors and local entrepreneurs.

Asia-Middle East Investment Dynamic Poised to Reshape Global Capital Flows, Says HSBC

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A recent report by HSBC highlights that Asia and the Middle East and Africa (MEA) are at the forefront of changing global capital flows.

UAE Tax Authority Announces Grace Period for Updating Tax Records: Key Details

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The UAE Federal Tax Authority (FTA) has introduced a grace period from January 1, 2024, to March 31, 2025, allowing businesses to update their tax records without incurring administrative penalties.

What is the Iqama (Saudi Arabia Residence Permit)? A Guide for Employers

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The Iqama is an official residency permit issued by the Saudi Arabian government, allowing foreign nationals to live and work in the Kingdom.

UAE to Implement E-Invoicing Mandate by July 2026: What Businesses Need to Know

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The UAE e-invoicing mandate will be implemented in three stages from Q4 2024 to July 2026, starting with accrediting service providers, followed by legislative updates, and culminating in mandatory compliance for B2B and B2G transactions via the Peppol network.

UAE Real Estate Investment Income and Tax Liability

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Real estate income for individuals in the UAE is generally excluded from Corporate Tax unless the activity requires a business license.

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