Other Briefings
Oman Establishes Financial Services Authority: Key Highlights and Implications
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
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
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
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
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
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.
