Saudi Arabia Introduces New Ultimate Beneficial Ownership Rules

Legal & Regulatory Mar 28
Saudi Arabia introduced the new Ultimate Beneficial Ownership (UBO) Rules, mandating all companies to identify, disclose, and maintain up-to-date records of their ultimate beneficial owners.
Economy & Trade

Egypt-India Economic Ties Eyeing US$12 Billion Trade Target & Investment

Mar 27

Egypt and India are strengthening trade and investment ties, aiming to increase bilateral trade from US$4.2 billion in 2024 to US$12 billion in five years, with key sectors including renewable energy, pharmaceuticals, and infrastructure.

Economy & Trade

UAE-US Economic Relations: Trade, Investment, and Strategic Cooperation

Mar 26

The UAE is strengthening its trade and investment ties with the US through significant investments in energy, technology, and infrastructure.

Tax & Accounting

Saudi Arabia Releases Draft Real Estate Transaction Tax (RETT) Regulations

Mar 25

Saudi Arabia introduced a new regulatory framework for real estate transactions with the publication of RETT draft regulations by ZATCA, clarifying the application of the 5 percent RETT, exemptions, compliance obligations, and enforcement mechanisms. 

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