Egypt Introduces Targeted VAT Amendments to Broaden Tax Base
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.
Oman’s Personal Income Tax Begins in 2028, Signaling Major Fiscal Shift
Oman’s personal income tax, beginning in 2028, will make it the first GCC country to implement such a measure.
Qatar and Kuwait Sign Tax Agreement to Boost Economic Ties
Qatar and Kuwait new tax agreement eliminates double taxation and strengthens financial cooperation, boosting bilateral trade and investment.
Saudi Arabia New Sukuk Issuance and Buyback Worth US$32 Billion
Saudi Arabia issues US$16 billion in sukuk across five tranches, reflecting the growing depth of its Shariah-compliant bond market.
UAE Corporate Tax Update: New Rules for Unincorporated Partnerships Introduced
UAE introduces corporate tax clarity for unincorporated partnerships, offering tax treatment flexibility under Federal Decree-Law No. 47 of 2022.
Egypt Offers 15% Suez Canal Discount to Regain Trade Flow
Egypt introduces a 15 percent discount on Suez Canal transit fees to offset trade losses from Red Sea disruptions. A look at the background, impact, and implications for global business.
Saudi Arabia Introduces Comprehensive Amendments to VAT Implementing Regulations
Saudi Arabia’s ZATCA has overhauled VAT regulations, tightening compliance and redefining tax treatment across sectors, especially for digital platforms and cross-border services.
Qatar Central Bank Issues Sustainable Finance Framework to Align Financial Sector with ESG Goals
With the launch of the Qatar Central Bank’s Sustainable Finance Framework, Qatar has formalized its commitment to ESG-aligned finance.
Understanding the Banking Regulatory Framework in Lebanon
Explore banking regulatory framework in Lebanon, key laws, supervisory bodies, and recent reforms relevant for businesses and investors.
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.