Middle East Briefing News

The UAE’s New Digital Law for Payments and Transactions

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Enacted in 2023, the UAE’s New Digital Law regulates e-commerce activities, enhances consumer protection, and promotes digital innovation.

Oman-India FTA Negotiations Reportedly Conclude, But Indian Elections Will Delay Implementation

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Oman-India CEPA negotiations have reportedly concluded but the trade deal now has to wait for the Indian elections over the summer and a new central government to be formed in New Delhi.

Eid Al Fitr Holiday Schedule for the Private Sector in GCC Countries

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Employees in GCC countries will enjoy a long break for Eid festivities in the week of April 8-13. Eid Al Fitr will likely fall on April 10, depending on the local moon sighting.

Oman Establishes Financial Services Authority: Key Highlights and Implications

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Oman is establishing the Financial Services Authority (FSA), which will replace the Capital Market Authority.

Investopia 2024 Launches “Next50” Initiative to Support Innovative Companies in the UAE

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On April 1, 2024, Investopia UAE launched its new “Next50” initiative, in collaboration with the emerging market research center EMIR.

UAE Mulls 10-Year “Golden License” to Boost Business Continuity

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Government ministers and stakeholders are discussing the potential implementation of a so-called “golden license” for business in the UAE.

UAE Corporate Tax Registration via Government Service Centers

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The UAE Federal Tax Authority will enable taxpayers subject to Corporate Tax to submit registration requests at 23 Government Service Centres across the Emirates.

UAE Federal Tax Authority Upgrades Three Key Services

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The UAE Federal Tax Authority has streamlined actions to expedite service delivery and enhance customer satisfaction under the Government Service 2.0 Framework.

Deadlines for Registering for UAE Corporate Tax – What Businesses Need to Know

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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

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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.

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