Egypt and the US Sign US$235 Million Locomotive Deal, Amid Tariff Uncertainty
Amid global tariff uncertainty, Egypt and US trade ties reinforced with a US$235 million railway modernization deal.
Saudi Arabia Business Licenses Types: A 2025 Guide for Foreign Investors
There is a variety of business licenses available to foreign investors in Saudi Arabia, including service, industrial, commercial ones.
Jordan’s Residency Rules and Recent Easing of Residency Requirements
Jordan’s Cabinet approved reforms to residency rules and deposit requirements for foreign residents and property owners, aiming to boost investment.
Oman’s New Banking Law: Key Regulatory Changes, Compliance Requirements, and Business Impact
Oman’s New Banking Law enhances the Central Bank’s authority, increases capital requirements, and strengthens financial regulations across banking sectors.
US Trump’s Tariffs on Türkiye: Risks and Opportunities
US President Trump’s new tariffs on Türkiye—10% on imports and 25% on automotive products—pose significant challenges for key industries but may offer strategic opportunities, especially through lower rates compared to competitors like China and the EU.
UAE Tax Rules Update for Non-Residents and Foreign Investors
UAE updated tax rules for non-residents and foreign investors, under Cabinet Decision No. 35 of 2025, outlining new tax nexus rules for non-resident investors in QIFs and REITs, replacing Decision No. 56 of 2023.
Greece Extends Turkish Express Visa Scheme Until April 2026
The European Commission has confirmed Greece’s plan to extend express visa scheme for Turkish visitors arriving to select Greek islands until April 2026. We discuss the reasons for the extension and the positive outlook for Greek-Turkish relations.
New UAE E-invoicing Regulations: What Service Providers Need to Qualify for MoF Accreditation
Understand the UAE Ministry of Finance’s accreditation rules for eInvoicing service providers under Ministerial Decision No. 64 of 2025, including eligibility, testing, and compliance.
UAE’s New Dirham Symbol and Digital Currency: Q4 2025 Launch
The UAE’s Digital Dirham, a blockchain-based central bank digital currency (CBDC), is set to launch by late 2025. Alongside this, a new symbol for the Dirham has been introduced, reinforcing the nation’s commitment to financial modernization and global competitiveness.
Egypt Approves Budget for FY2025-26 Amidst IMF Pressure
Egypt’s FY2025-26 budget, totaling EGP 4.6 trillion (US$90.97 billion), focuses on fiscal discipline, social protection, and economic growth, aligning with IMF-backed reforms. Key measures include increased subsidies, higher public sector wages, and targeted investments in productivity and infrastructure.











