Other Briefings
Dubai Chamber of Commerce Opens Offices In Singapore
The UAE and Singapore have a Free Trade Agreement and offer each other regional access to new markets The Dubai International Chamber has opened a new international representative office in Singapore, reinforcing the existing and well-established business links between Singapore and the UAE. The step comes as part of the ‘Dubai Global’ initiative, which was […]
Qatar, UAE Restore Diplomatic Relations
Qatar and the United Arab Emirates have decided to restore diplomatic relations, and embassies and consulates of the two states recommenced working on Monday (June 19), according to Qatar’s Foreign Ministry.
Dubai Enhances Customs Procedures To Keep Pace With Regional Trade Agreements
Looking to double trade to US$7 trillion by 2033 Dubai Customs is actively keeping up with the comprehensive economic partnership agreements between the United Arab Emirates and several major countries in global and regional trade markets.
UAE Extends Unemployment Insurance Deadline Until October 1st 2023
All company employees must individually apply, not their employers. The UAE Ministry of Human Resources and Emiratisation (MoHRE) has extended the date of registering with the UAE Unemployment Insurance Scheme, originally intended for July 1st and now pushed back until October 1, 2023. This extension allows more time for employees to complete their registration, according […]
Palestine, China, Sign ‘Strategic Partnership Agreement’ In Beijing
China said on Wednesday (June 14) that it has signed a “strategic partnership” with the Palestinian Authority during a visit to Beijing by Palestinian President Mahmoud Abbas. The announcement marked another step in China´s campaign to gain political and economic influence in the Middle East. Beijing established diplomatic ties with Palestine in 1988; and has […]
UAE ‘Emiratisation’ HR Deadline Compliance Moved To July 7 – Three Weeks From Now
Foreign investors must comply or face penalties of Dh42,000 per missing local employee The UAE Ministry of Human Resources and Emiratisation (MOHRE) has announced a small extension to the deadline for achieving semi-annual Emiratisation targets. These are applicable to the UAE private business sector and includes foreign investors.
The Arab-China Business Conference: US$10 Billion JV Agreements Signed
The tenth Arab-China Business Conference has been taking place in Saudi Arabia, ending with the signing of 30 investment agreements worth SR37.5 billion, (¥71 billion).
Pakistan Taking Its IMF Medicine, 2023/24 GDP Growth Rates Forecast At 3.5%
Ishaq Dar, Pakistan’s Finance Minister said on Saturday (June 10) that a projection in the government’s budget of 3.5% economic growth for the year ending in June 2024 was a “realistic target”. He said the target was “on the low side”, a day after presenting the budget for the fiscal year 2023-24. The budget is […]
Foreign Owners Of UAE Property: Pay Tax, Or Become Resident
The UAE Ministry of Finance has just clarified the latest provisions under the corporate tax regime, as relates to the numerous non-resident investors in the UAE’s real estate market. Now, the situation has been made simple to understand.
UAE, Egypt, Sign US$10 Billion Deal For 10GW, World’s Largest Wind Farm Project
MENA region gets serious about renewable green energy resources The MENA (Middle East & North Africa) region is making moves towards green energy as the Abu Dhabi Future Energy Company PJSC-Masdar, together with Infinity Power, Africa’s largest renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused investment platform, have signed an agreement with […]
