Other Briefings
UAE Corporate Tax Incentives in Free Zones
The UAE Federal Tax Authority offers detailed guidelines for businesses in free zones to qualify for a 0 percent corporate tax rate on specific activities, subject to meeting eligibility criteria and registration deadlines.
UAE Q4 2023 Prelim Data: Non-Oil Sectors Propelling 4.3% GDP Growth
Preliminary government data for the fourth quarter of 2023 revealed a robust 4.3 percent year-on-year growth in the UAE’s economy, with non-oil sectors notably outpeforming in their contribution to the overall GDP.
India, UAE Hold First Talks on Advancing the India-Middle East-Europe Economic Corridor
The discussions regarding the India-Middle East-Europe Economic Corridor (IMEEC) involved key stakeholders, such as DP World UAE, AD Ports Group, and the UAE’s Federal Customs Authority.
Saudi Arabia Introduces New Duty-Free Regulations in Arrival Lounges
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has introduced new regulations for duty-free markets in arrival lounges, aimed at enhancing the travel retail sector.
UAE-China Trade & Investment Profile
The UAE is a pivotal partner in China’s trade and commercial engagements within the Middle East, particularly the Arab Gulf region.
Setting Up in Sharjah, UAE: A Foreign Investment Guide
The UAE emirate of Sharjah is not reliant on oil and gas reserves, and has well-developed manufacturing, construction, and service sectors. We highlight top sector opportunities and key locations for investors.
Iran Inks 10-Year Port Deal with India: Strengthening Trade Routes and Economic Partnerships
After prolonged negotiations, Iran and India have successfully concluded a 10-year bilateral contract for the operation of Chabahar Port.
UAE and New Zealand Launched Free Trade Agreement Negotiations
On May 6, 2024, New Zealand and the United Arab Emirates (UAE) launched negotiations on a free trade agreement (FTA).
China and Saudi Arabia Collaborate on Energy Transition
China and Saudi Arabia are collaborating to accelerate the energy transition towards renewable sources, marking a strategic move towards sustainability and economic diversification.
Statevolt to Invest US$3.2bn and Build New Battery Cell Gigafactory in UAE
Statevolt, a US-based company focused on sustainable industrialization and low carbon energy solutions, will build a new cutting-edge battery cell gigafactory in the UAE emirate of Ras Al Khaimah (RAK).
