The IEA expects Middle East energy markets to stabilize within two years, though short-term volatility remains high due to geopolitical tensions and supply constraints.
Rising fuel costs and inflation are accelerating demand for affordable Chinese EV across the Gulf, with the UAE leading adoption and Saudi Arabia scaling infrastructure and localization.
The UAE has introduced a major reform of its tax penalty regime, significantly reducing fines and replacing a punitive system with a simplified, proportionate framework effective April 14, 2026.
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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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