Other Briefings
Bahrain Introduces New Top-Up Tax for Multinational Firms
Bahrain announced a domestic minimum top-up tax for large multinational enterprises, effective January 1, 2025, aligning with OECD guidelines to promote fairness in international taxation.
Resolving Tax Disputes in the UAE – A Brief Guide for Companies
Learn how companies in the UAE can effectively resolve tax disputes with the Federal Tax Authority and protect their financial interests through the proper legal channels.
Khalifa Economic Zones Abu Dhabi (KEZAD) Announces Major Manufacturing and Solar Investments Showcasing its Appeal
In light of major new manufacturing and renewable sector investments, we discuss the appeal of Abu Dhabi’s KEZAD zones for business set up.
Working Capital Management in the Middle East: Trends and Strategies
Effective working capital management in the Middle East is critical for navigating economic pressures, with companies seeing varied success across different sizes and sectors.
Shenzhen and Dubai Forge Stronger Financial Ties with New Cross-Border ETF Agreement
The Shenzhen Stock Exchange and Dubai Financial Market recently signed an MoU to facilitate cross-border investing between China and the UAE.
Saudi Arabia Extends Expat Fee Waiver for the Industrial Sector to Boost Growth
Saudi Arabia has extended its expatriate fee waiver for industrial sector workers until December 31, 2025, building on the policy introduced in 2019. This extension aims to stimulate further growth and attract investment in the sector.
How to Open a Bank Account in the UAE
We discuss the requirements to open a current bank account in the UAE, including specific eligibility criteria and documentation.
UAE’s Non-Oil Foreign Trade Soars to Record US$381 Billion in H1 2024
The UAE has achieved a historic milestone in its non-oil foreign trade, reaching a record AED 1.4 trillion (US$381.17 billion) in H1 2024.
Saudi Arabia’s Trade Surplus Reaches US$26.13 Billion in Q2 2024, Setting a New High
Saudi Arabia’s international trade in Q2 2024 totaled SAR 490.657 billion, with merchandise exports leading the way at SAR 294.51 billion.
Egypt’s Economy Shows Signs of Recovery Amid IMF Support and Reforms
We discuss recent developments in the Egypt economy per the latest IMF report, highlighting progress, challenges, and ongoing reform efforts.
