Middle East Briefing

VAT in the UAE: Registration, Rates, and Compliance

Tax & Accounting Sep 18
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 significant penalties.
Economy & Trade

China Deepens Economic Cooperation with Saudi Arabia and UAE in New Energy and Emerging Sectors

Sep 17

Chinese Premier Li Qiang’s recent visits to Saudi Arabia and the UAE have marked a significant step towards strengthening economic cooperation with two of the Gulf region’s wealthiest nations.

Industries

Middle East Pivot for Chinese EV Firms: Dealmaking, Market Sales

Sep 17

The Middle East, driven by sustainability efforts and strategic investments, offers key opportunities and challenges for Chinese EVs as the region seeks to boost adoption and infrastructure.

Economy & Trade

Saudi Arabia’s US$5-Billion-Investment Pledge in Egypt: Strengthening Economic Ties and Industrial Cooperation

Sep 17

Saudi Arabia has strengthened its economic ties with Egypt, as Crown Prince Mohammed bin Salman announced a US$5 billion investment by the Public Investment Fund (PIF) during a meeting with Egyptian Prime Minister Mostafa Madbouly in Riyadh.

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