Other Briefings
UAE, Turkiye, Sign Closer Economic Partnership Agreement
The United Arab Emirates (UAE) and Turkiye have signed a Comprehensive Economic Partnership Agreement (CEPA) that aims to take economic relations between the two countries to a new phase and increase bilateral trade to around US$40 billion (TL756.8 billion) in the next five years.
Dubai Boosting Trade Potential With Central Asia
The Dubai International Chamber, one of the three Chambers operating under Dubai Chamber, has launched “New Horizons”, a new initiative to drive international expansion of its members to new markets. The initiative allows companies to join roadshows to gain first-hand knowledge of how to establish and do business in various select countries and priority markets. […]
Clarifying Individual Income Tax Liability In The UAE
The status of ‘tax residency’ wasn’t defined in the UAE until last year. What has changed since then with tax resident statuses is that categorical tests of residence have been laid down which may deem foreign nationals as a ‘tax resident’.
Iran Opens First Tehran Land Port To Coordinate INSTC Freight
Iran’s first land port opened on Monday (March 6), based in Eslamshahr in the north of the country. It is very close to the capital, Tehran and Iran’s national rail network.
The Middle East’s Trade Pivot To East Asia
Regional Trade Is Now Worth US$1 Trillion Per Annum The Middle and Asia is proving compatible neighbours as the pivot of the Gulf States towards East Asia continues. East Asia especially is now playing a crucial role for the Middle East as a key supplier of exported goods and is the predominant import market for […]
UAE Reaches Global Top Ten In ‘Soft Power’ – Report
The UAE has powered its way into the Top 10 nations on ‘soft power’ status, a list that sees the United States at the top. These rankings are based on where a country stands on parameters such as reputation, influence and familiarity. This is based on the Global Soft Power Index, and is calibrated every […]
The New UAE ID Card: Registration Form And QR Code Applications — An Explainer
The new mandatory UAE ID has an updated registration form, which allows residents to track their application’s status and change the date for their annual fingerprint scanning, according to an announcement made by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP). The ID card is required by all foreign residents such as those […]
Iran’s Prawn Aquaculture Exports Growing
Iran exported over 27,900 tons of prawns worth US$99.7 million, during the first 11 months of the current Iranian year (March 21, 2022 through February 19, 2023), according to the Iran Fisheries Organization.
Establishing A Foreign Invested Business In Dubai
There are numerous options when it comes to setting up a business in Dubai. These largely depend on your expected scope of business, and are impacted by type of work and where you wish to be. Dubai is zoned and only certain types of businesses are permitted to be established in certain areas. We provide […]
UAE, Saudi Arabia Non-Oil Trade Increased 9% In 2022, Reaching US$37 Billion
Non-oil bilateral trade the UAE and Saudi Arabia – two of the Middle East’s major economies – soared to AED136.09 billion (US$37 billion), representing 9% growth in 2022, according to preliminary data from the Federal Center for Competitiveness and Statistics. This is partially due to relaxing of market restrictions in Saudi Arabia as more social […]
