VAT in the UAE: Registration, Rates, and Compliance
The UAE implemented VAT in 2018 with a standard rate of 5 percent, applied at each stage of the supply chain. Businesses must adhere to compliance regulations, and failure to do so can result in...
View ArticleUAE Mandates Women on Boards of Private Joint-Stock Companies Starting 2025
From January 2025, private joint-stock companies in the UAE must allocate at least one seat on their boards of directors to women. The post UAE Mandates Women on Boards of Private Joint-Stock Companies...
View ArticleNavigating the Dip: Opportunities Amidst Declining Deal Activity in the...
The Middle East and Africa (MEA) region experienced a notable decline in deal activity, falling by 10.4 percent in the first eight months of 2024, as reported by GlobalData. The post Navigating the...
View ArticleThe UAE’s National In-Country Value (ICV) Program: A Comprehensive Guide to...
The UAE's National In-Country Value (ICV) Program fosters local economic growth by encouraging investments, employment of Emiratis, and sourcing from domestic suppliers. The post The UAE’s National...
View ArticleOman’s Strategic Move to Attract Foreign Investment: Exploring the New...
Oman, under the stewardship of Invest Oman, has unveiled a series of strategic investment opportunities worth over OMR 166 million (approx. US$430 million) in the manufacturing sector. The post Oman’s...
View ArticleGCC Central Banks Follow US Fed in Rate Cuts
Following the recent decision by the US Federal Reserve to lower its benchmark interest rate by 50 basis points, GCC central banks have implemented similar cuts. The post GCC Central Banks Follow US...
View ArticleEgypt Introduces Business-Friendly Tax Relief Measures to Boost Economic Growth
A key reform is the introduction of a simplified tax regime for businesses with an annual turnover of up to EGP 15 million. For international companies, the government has raised the threshold for the...
View ArticleTurkey Revises Economic Outlook for 2025-2027: Balancing Inflation, Growth,...
Turkey’s revised economic outlook for 2025-2027 reflects a strategic shift amid high inflation and slowing growth. The post Turkey Revises Economic Outlook for 2025-2027: Balancing Inflation, Growth,...
View ArticleA Guide to AML/CFT Compliance and Reporting in the UAE
This guide provides an overview of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) compliance requirements for Financial Institutions (FIs) and Designated Non-Financial...
View ArticleUK FDI Interest in the GCC Markets: Opportunities for Strategic Growth
The Gulf Cooperation Council countries present a fertile ground for UK foreign direct investment, with opportunities across diverse sectors from renewables to healthcare to technology. These prospects...
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