Other Briefings
Spinneys and LuLu’s Public Offerings Pave the Way for Family-Owned Businesses
Public offerings from Spinneys and LuLu Group are being hailed as game changers for the UAE market. Traditionally, IPOs in the UAE have been dominated by government utilities and private corporations.
Over 15,000 Indian Companies Joined Dubai Chamber of Commerce in 2023
In 2023, 15,481 Indian enterprises joined the Dubai Chamber of Commerce, indicative of the UAE market’s appeal among global investors.
UAE Central Bank Calls on Lenders to Extend Loan Repayment Following Unstable Weather Conditions
UAE directs banks and insurers to allow six-month loan repayment delay for customers affected by unstable weather.
Saudi Arabia Directs Enterprises to Submit VAT Returns for March and Q1 2024
As Saudi Arabia’s tax regulator reminds businesses to file their VAT returns on time, we take note of key timelines and the filing mechanism.
Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts
Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.
Navigating UAE Tax Compliance: Insights from the FTA’s Taxpayer Charter
The UAE Taxpayer Charter outlines taxpayer obligations for compliance with tax laws and educates them about their rights, with the goal to establish greater transparency and mitigate tax avoidance.
Understanding the Dubai Unified Licence: Scope and Benefits
The Dubai Unified Licence (DUL) is issued to existing and newly established businesses operating with either a mainland or a free zone licence.
Unveiling Opportunities: The United Arab Emirates Emerges as a Prime Destination for Entrepreneurs
The UAE’s tax and regulatory environment and lifestyle indices has ranked it as a prime destination globally for entrepreneurs to launch a startup business in 2024 per a new report.
Saudi Arabia Gives Status Update on NEOM Projects, Downsizes Area Under ‘The Line’ to 2.4KM
NEOM, Saudi Arabia’s urban megaproject, has revised its development plans for its futuristic city, ‘The Line’ amidst funding challenges. However, the kingdom remains focused on executing other development projects under NEOM, and shared key targets and timelines.
Non-Oil Sector Driving Bahrain’s GDP Growth: Data Released for 2023
Key non-oil sectors such as hospitality, financial services, construction, transportation, and communication are driving GDP growth in Bahrain.
