Middle East Briefing News

UAE FTA Network: Key Agreements in Place, Under Negotiation

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The United Arab Emirates (UAE) has a comprehensive free trade agreement (FTA) framework that includes both bilateral and multilateral agreements.

GCC and Türkiye Launch Free Trade Agreement Negotiations in Ankara

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Turkey and the GCC countries seek to boost inter-regional economic ties, potentially creating one of the world’s largest FTAs with a US$2.4 trillion trade opportunity.

Intellectual Property Regulations in the UAE

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For business owners and entrepreneurs in the UAE, understanding the country’s intellectual property rights regime is essential for protecting their creations and business secrets, thereby securing their unique offerings and maintaining a competitive edge.

Red Sea Security Concerns Hit Suez Canal Earnings

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Suez Canal earnings fell nearly 25 percent from July 2023 to June 2024 as shipping companies chose alternative routes to avoid Houthi attacks in the Red Sea.

Oman Labor Authority Prohibits Expat Hiring in 30 Professions, Details Awaited

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The Ministry of Labor (MoL) has announced that 30 new professions will be reserved exclusively for Omanis. However, details are awaited before the regulation comes into effect in September.

Egypt’s Tourism and Real Estate Prospects: Recent Trends and Outlook

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Projects such as the “South Med” initiative and the development of New Alamein City exemplify Egypt’s commitment to positioning itself as a premier global destination for tourists and investors alike.

Saudi Arabia, Thailand Strengthen Economic Ties with New Investment Office in Riyadh

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The Riyadh investment office is part of Thailand BOI’s broader strategy to extend its presence across the Middle East, underscoring the country’s ambition to position itself as a gateway for Middle Eastern investors looking to access ASEAN markets.

UAE E-Commerce Regulation and Licensing Requirements

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We briefly discuss Law No. 14 of 2023 Concerning the Modern Technology-based Trade, which is the main UAE federal legislation governing e-commerce and licensing requirements for online traders.

UAE Corporate Tax Rules for Free Zone Persons

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A brief guide to the specific criteria that entities in UAE Free Zones must meet to qualify for the 0 percent corporate tax rate.

Leveraging Opportunities in Saudi Arabia’s Renewable Energy Sector

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We briefly discuss the opportunities and strategic considerations for businesses looking to engage in Saudi Arabia’s emerging renewable energy sector.

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