Middle East Briefing News

UAE Retains Crown as World’s Top Wealth Magnet: A Closer Look

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The UAE has retained its position as the world’s top “wealth magnet” for the third consecutive year, attracting high-net-worth individuals with its favorable tax regime, golden visa policy, luxury lifestyle, and strategic location.

The UAE Releases New Public-Private Partnership (PPP) Manual

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The UAE released a new Public-Private Partnership Manual to enhance collaboration in key sectors like infrastructure and healthcare, aiming to drive sustainable growth and attract foreign investment.

2024 Iranian Presidential Elections Results and Economic Outlook

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The 2024 Iranian presidential election results, which saw victory for reformist candidate Masoud Pezeshkian, offers key insights into the country’s political dynamics.

Digital Transformation Drives 97% Surge in Oman’s Commercial Registrations in Q1 2024

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By the end of Q1 2024, legal and commercial registrations in Oman’s governorates surged by 97 percent, totaling 450,768.

Kuwait Audit Bureau Releases Recommendations to Address Population Imbalance

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The Kuwait Audit Bureau’s report on evaluating government procedures provides essential insights and directives for businesses in the country, who must pay attention to any changes in rules regarding labor management.

Where to Set Up in Qatar: Special Economic Zones and Industrial Areas

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Qatar offers a unique and strategic location for businesses looking to expand in the Middle East. We spotlight sector-specific locations.

Riyadh Only Arab City to Rank on Savills Latest Growth Hubs Index

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Saudi Arabia’s capital Riyadh is projected to be among the top 15 fastest-growing cities by 2033, fueled by a 26 percent population increase, sustained government infrastructure spending, and attractive fiscal policies.

Investing in Dubai: Industry Prospects

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We discuss how investing in Dubai presents an exceptional opportunity, driven by its strategic advantages and robust economic prospects.

UAE Firms Report Increase in New Orders Even as June PMI Dips Slightly

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The S&P’s Purchasing Managers Index (PMI) for UAE in June revealed a score of 54.6, slightly down from May’s 55.3, but still indicative of robust business activity within the UAE economy.

Transfer Pricing Compliance in UAE Free Zones

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Transfer pricing compliance in the UAE Free Zones ensures transactions between related entities reflect fair market value, aligning with international tax standards and the UAE Economic Substance Requirements.

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