Other Briefings
Deadlines for Registering for UAE Corporate Tax – What Businesses Need to Know
The UAE’s Federal Tax Authority has issued a new Decision specifying the timeframes for businesses to register for corporate tax in 2024.
UAE’s Overseas Investments Soars to Estimated US$2.5 Trillion by 2024
As of early 2024, the UAE’s overseas investments have surpassed US$2.5 trillion, solidifying its position as a leading global player in FDI.
Saudi Arabia’s US$40 Billion AI Fund: Outlook and Opportunities
Saudi Arabia’s government is planning to establish a US$40 billion fund dedicated to AI investment, signaling a strategic move to diversify its economy and solidify its position as a dominant force in the Middle East’s AI landscape.
Abu Dhabi Investment Authority Offers Discounted Buyouts for Investors Exiting China PE
ADIA, the Emirate SWF, is strategically positioning itself to benefit from the trend of Western investors reducing their exposure to China.
Dubai’s New Tax Regulation for the Banking Sector
The Dubai government has unveiled a new legislation requiring foreign banks operating within the emirate to pay a 20 percent annual tax. We discuss implications and exemptions.
Bahrain-Based TAHA International Signs Technology Licensing Deal with China’s NFC
TAHA International for Industrial Services (TIIS) has signed a strategic technology licensing agreement with China Nonferrous Metal Industry’s Foreign Engineering and Construction Company (NFC).
Oman Unveils US$31 Billion Tourism Investment Plans Under ‘Vision 2040’
Oman welcomed 4 million tourists in 2023, a testament to its vibrant tourism landscape. Now the Sultanate has announced major investment plans, aligned with ‘Vision 2040’.
UAE Dominates GCC Investments in Africa, Port Infrastructure & Renewables a Key Focus Area
The UAE is competing with Saudi Arabia, Qatar, and China for strategic influence in Africa and better trade access.
UAE’s Top Emerging Sectors for Investors in 2024
In the UAE, a strategic shift towards economic diversification has catalyzed growth across hospitality, e-commerce, cryptocurrency, and AI.
UAE Financial Sector Performance Strong on the Back of 151 Decisions Taken in 2023
In 2023, the UAE Cabinet made 151 financial sector decisions to advance development goals and establish its investment-friendly status.
