Other Briefings
Saudi Arabia Introduces Penalties for Overstay of Visit Visa Holders
The recent visa reforms and regulations put forward by Saudi Arabia are part of its Vision 2030 initiative, aiming to diversify the economy, attract talents, promote tourism, lessen oil dependency, and globalize the kingdom in an orderly manner.
South Korea and UAE Formally Sign CEPA Trade Deal, Reaffirm US$30 Bn Investment Commitment
The UAE and South Korea formally signed their free trade agreement, officially called the Comprehensive Economic Partnership Agreement (CEPA), on May 29, during the official visit of President Mohamed bin Zayed Al Nahyan to Seoul.
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
By Melissa Cyrill 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.
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.
