Middle East Briefing News

Italy’s Saipem Expands Offshore Portfolio with Major Contracts in Qatar and Saudi Arabia

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Italian energy contractor Saipem continues to strengthen its position in the Middle East with the recent award of significant offshore engineering, procurement, and construction (EPC) contracts in both Qatar and Saudi Arabia.

A Comprehensive Guide to Abu Dhabi’s Economic Licenses

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Abu Dhabi offers seven types of economic licenses, each designed to meet the diverse needs of businesses and individuals, encouraging growth across various sectors.

Carrefour Partners with Dubai’s Apparel Group to Make a Comeback in India After 2014 Exit

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French retail giant Carrefour has teamed up with Dubai-based Apparel Group to launch its operations in India by 2025. Founded in Dubai in 1996, the Apparel Group operates in both the retail clothing and food and beverage (F&B) sectors.

UAE Unveils New Telemarketing Rules: What Businesses Need to Know

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The UAE’s new telemarketing regulations emphasize consumer protection and ethical business practices, requiring companies to adhere to strict guidelines and penalties to ensure transparency and respect for consumer privacy.

Bahrain Introduces New Top-Up Tax for Multinational Firms

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Bahrain announced a domestic minimum top-up tax for large multinational enterprises, effective January 1, 2025, aligning with OECD guidelines to promote fairness in international taxation.

Resolving Tax Disputes in the UAE – A Brief Guide for Companies

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Learn how companies in the UAE can effectively resolve tax disputes with the Federal Tax Authority and protect their financial interests through the proper legal channels.

Khalifa Economic Zones Abu Dhabi (KEZAD) Announces Major Manufacturing and Solar Investments Showcasing its Appeal

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In light of major new manufacturing and renewable sector investments, we discuss the appeal of Abu Dhabi’s KEZAD zones for business set up.

Working Capital Management in the Middle East: Trends and Strategies

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Effective working capital management in the Middle East is critical for navigating economic pressures, with companies seeing varied success across different sizes and sectors.

Shenzhen and Dubai Forge Stronger Financial Ties with New Cross-Border ETF Agreement

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The Shenzhen Stock Exchange and Dubai Financial Market recently signed an MoU to facilitate cross-border investing between China and the UAE.

Saudi Arabia Extends Expat Fee Waiver for the Industrial Sector to Boost Growth

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Saudi Arabia has extended its expatriate fee waiver for industrial sector workers until December 31, 2025, building on the policy introduced in 2019. This extension aims to stimulate further growth and attract investment in the sector.

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