Other Briefings
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.
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.
Trump’s Tariffs Effect on the MENA Region: Overview and Implications
The new Trump’s tariffs disrupt MENA economies, impacting trade, investment, and industrial sectors like aluminum, petrochemicals, and textiles. Gulf nations must diversify markets and enhance resilience to navigate shifting global trade policies.
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.
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.
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.
Saudi Arabia Introduces New Ultimate Beneficial Ownership Rules
Saudi Arabia introduced the new Ultimate Beneficial Ownership (UBO) Rules, mandating all companies to identify, disclose, and maintain up-to-date records of their ultimate beneficial owners.
Egypt-India Economic Ties Eyeing US$12 Billion Trade Target & Investment
Egypt and India are strengthening trade and investment ties, aiming to increase bilateral trade from US$4.2 billion in 2024 to US$12 billion in five years, with key sectors including renewable energy, pharmaceuticals, and infrastructure.
UAE-US Economic Relations: Trade, Investment, and Strategic Cooperation
The UAE is strengthening its trade and investment ties with the US through significant investments in energy, technology, and infrastructure.
Saudi Arabia Releases Draft Real Estate Transaction Tax (RETT) Regulations
Saudi Arabia introduced a new regulatory framework for real estate transactions with the publication of RETT draft regulations by ZATCA, clarifying the application of the 5 percent RETT, exemptions, compliance obligations, and enforcement mechanisms.
