The EU has removed the UAE from its high-risk money laundering list, recognizing substantial AML/CFT reforms and improved oversight. This move aligns with warming EU-UAE ties and coincides with the launch of bilateral free trade agreement negotiations.
In Q1 FY2025-26, consumer markets led GCC IPO activity, capturing 42 percent of total proceeds, driven by strong investor interest in lifestyle and retail sectors.
Saudi Arabia proposed updated labor law penalties to address workplace violations and enhance occupational safety standards.
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