Economy & Trade

Israel, Azerbaijan Trade and Investment Opportunities

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Over the past three decades, friendly interstate relations between Israel and Azerbaijan have reached a strategic alliance based on mutual understanding on most international issues. Strong ties have been created from defense to energy. In 2023, the two countries are making every effort to bring trade and cooperation in various fields to a new level.

UAE – Central Asia Multilateral Trade: Status & Prospects

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We discuss the UAE trade development outlook with Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan and Tajikistan. By Farzad Ramezani Bonesh Introduction Three decades have passed since the establishment of diplomatic relations between the Central Asian region and the United Arab Emirates in the 1990s. The relations between the UAE and the region’s countries such as Kazakhstan, Turkmenistan, […]

Investing In Jordan: Introduction & Opportunities

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With economic growth set to double in the next five years, we explain why Jordan is increasingly attractive as a business and trade gateway between Europe and the Middle East By Shrakat Advisory Consulting Jordan is located in the heart of the Middle East with a population of approximately 10.5 million and a Gross Domestic […]

Iran, Saudi Looking To Develop US$2 billion In Bilateral Trade

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Following the restoration of political relations with Saudi Arabia, Iran aims to have US$1 billion annual trade with Riyadh in the short term and push this volume to US$2 billion in the medium term, an official said. Farzad Piltan, the Director General of Iran’s West Asia Department of the Trade Promotion Organization stated that the […]

Dubai Foreign Trade Sector On Track To Achieve D33 Agenda In 3 Months

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Dubai’s foreign trade sector is actively pursuing the goals outlined in the Dubai Economic Agenda D33. This initiative was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, with the objective of doubling Dubai’s economy over the next decade and solidifying its […]

An Introduction to Doing Business in Dubai 2023: New Complimentary Guide

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This brand new, complimentary 120 page publication is a unique introduction to the United Arab Emirates with a special focus on Dubai and has been written by the Dezan Shira & Associates team on the ground. It deals with the corporate legal, tax and compliance mechanisms involved in establishing and managing a business in Dubai […]

Dubai Digitalizes Certificates of Origin

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The Dubai Trade and Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, have simplified trade services for exporters and re-exporters in the country by collaborating together to provide membership and Certificates of Origin (COO) services through the Dubai Trade portal.

Applying For Tax Relief Under the UAE SME Tax Relief Programme

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Since 2014, the UAE government has introduced a national program to develop, support and encourage the Small-Medium Enterprise (SME) sector. The latest corporate tax relief – referred to as ‘Small Business Relief’ (SBR) – provides additional support to the SME sector – including new start-ups.

Non-Residents In UAE Need Not Register For Corporate Income Tax

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In the latest update to the UAE Corporate Tax regime, a non-resident person will not be required to register for tax if they only earn UAE-sourced income and do not have a permanent establishment in the UAE.

The Middle East, Asia To Have Highest Annual Export Growth in 2024: World Trade Organisation

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The Middle East and Asia are slated to see the fastest annual growth in merchandise exports in 2024, in line with the positive trend in the macroeconomic growth prospects in the regions, according to the World Trade Organisation (WTO). In its most recent Global Trade Outlook and Statistics report, the WTO said the Middle East […]

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