Middle East Briefing News

UAE Amends VAT Executive Regulations, Effective November 15

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The UAE has made substantial changes to its Value Added Tax (VAT) Executive Regulations, effective from November 15, 2024, carrying implications for businesses across various sectors, especially trade and financial services.

UAE to Address India’s Concerns Over Increased Silver, Platinum Alloy, and Dry Date Imports Under CEPA

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The United Arab Emirates (UAE) has agreed to address India’s concerns over a significant rise in imports of silver products, platinum alloy, and dry dates, taking advantage of lower tariffs under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).

Saudi Arabia’s Pension Reforms Boost Mercer Global Pension Index Ranking

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Saudi Arabia’s Global Pension Index score rose to 60.5 in 2024, reflecting its pension reforms and leading to an upgrade of its pension system rating to C+ from C.

Saudi Arabia-Germany Trade and Investment Relations: Key Opportunities for German Businesses

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With Germany as Saudi Arabia’s fourth-largest supplier of goods, both nations have expanded cooperation in sectors such as renewable energy, healthcare, and advanced industries.

How to Get a Driving License in Saudi Arabia for Expats

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For expatriates, this guide outlines everything you need to know about obtaining a driving license in Saudi Arabia, driving regulations, and vehicle ownership.

Saudi Arabia Holidays and Key Dates for 2025: A Guide for HR and Businesses

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Effective planning around public holidays is essential for businesses in Saudi Arabia in 2025 to maintain operational efficiency and ensure employee satisfaction.

UAE Cabinet Approves Record Federal Budget for 2025

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The UAE’s 2025 federal budget, totaling AED 71.5 billion (US$19.5 billion), emphasizes social welfare, infrastructure, and economic development while projecting a budget surplus of 2.4 percent of GDP.

Meat Importers in the Middle East Should Note India’s Updated Halal Export Guidelines

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India’s halal export system has been updated with fresh certification guidelines in effect from October 16, 2024. Key export markets in the Middle East are the UAE, Saudi Arabia, Oman, Bahrain, among others.

UAE and Jordan Sign CEPA Agreement to Boost Trade Engagement

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The UAE-Jordan CEPA is the first partnership of its kind between the Emirates and an Arab nation. Jordan is the UAE’s third-largest Arab trade partner outside the GCC.

UAE-Serbia CEPA Expected to Boost UAE GDP by US$351 Million by 2032

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The UAE-Serbia CEPA will eliminate up to 96 percent of customs tariffs across several categories, setting a new standard for trade partnerships outside WTO frameworks.

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