Dubai International Financial Center Announces Digital Assets Law
The Dubai International Financial Center has unveiled the world’s first Digital Assets Law. We discuss implications for the financial system.
Business Prospects in the GCC-Asia Trade and Investment Corridor
Trade between the GCC region and Emerging Asia reached around 35 percent between 2021 and 2022, supported by the rapid development, expanding energy needs, large populations, growing consumer power, and high-tech capabilities in key Asian markets.
UAE-India CEPA, in Effect Since 2022, Touted a Success Story
The UAE-India CEPA trade agreement marked two years since its implementation from May 1, 2022. We discuss how bilateral ties have progressed.
Comparing Tax Environments: Dubai, Hong Kong, and Singapore
While Dubai, Hong Kong, and Singapore all offer attractive tax regimes, determining which one aligns best with your business goals requires careful consideration of various factors.
Dubai Attracts 9 Technology Multinational Firms, Fueling its Digital Economy
The Dubai Assets Law and the Business in Dubai platform are among key initiatives in the emirate that aim to attract high-quality technology investors, fintech firms, startups, and digital innovators.
UAE’s First Vertiport: Pioneering Advanced Air Mobility
The UAE seeks to build an industry-service ecosystem around advanced air mobility (AMM) like eVTOL and other disruptive mobility solutions.
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.