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Saudi Arabia and Indonesia Strengthen Trade Ties with US$27 Billion in New Agreements

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Indonesia and Saudi Arabia signed US$27 billion in deals. This builds on bilateral trade that hit US$6.5 billion in 2024.

Egypt Introduces Targeted VAT Amendments to Broaden Tax Base

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Egypt has enacted targeted VAT amendments, expanding the tax base in construction, real estate, energy, tobacco and alcohol, while preserving exemptions for essentials and promoting digital invoicing to boost equity and compliance.

Dubai Launches First Time Home Buyer Program

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Dubai has launched a digital-first homebuyer program offering UAE residents—both nationals and expatriates—preferential terms on properties.

Trump’s 90 Day Clock Is Up: Will GCC Become a Safe Bet for Global Investors?

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As Trump’s 90 day tariff pause ends, the Gulf Cooperation Council (GCC) nations are emerging as stable, tech-forward investment hubs.

Oman’s Industrial and Manufacturing Push Gains Traction with Global Investors

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Oman’s manufacturing sector grew 8.6 percent in 2024, attracting OMR 2.48 billion (US$6.45 billion) in foreign investment. 

Oman’s Personal Income Tax Begins in 2028, Signaling Major Fiscal Shift

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Oman’s personal income tax, beginning in 2028, will make it the first GCC country to implement such a measure.

Saudi Arabia’s ICT Hits US$10 Billion: Trends and Implications

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Saudi Arabia’s ICT spending surged to over US$10 billion in 2024, driving digital transformation across health, defense, infrastructure, and education.

Qatar and Kuwait Sign Tax Agreement to Boost Economic Ties

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Qatar and Kuwait new tax agreement eliminates double taxation and strengthens financial cooperation, boosting bilateral trade and investment.

Dubai Enacts Strong Whistleblower Protection to Safeguard Public Funds 

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Dubai introduces detailed whistleblower protection measures to safeguard public funds, promote transparency.

How the Israel-Iran Conflict is Shaping GCC Trade and Economic Trajectories 

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We analiyze how the Israel-Iran conflict is influencing GCC trade patterns, energy markets, and foreign investment flows.

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