Trump has threatened an additional 100% tariff on Chinese goods in retaliation for the expansion of rare earth export controls. This timeline was created on January 21, 2025, and was last updated on October 11, 2025.
Saudi Arabia’s 2026 budget underscores the government’s continued reliance on infrastructure-led development to drive economic diversification and non-oil growth under Vision 2030. Sustained capital expenditure and expanding private-sector participation create long-term opportunities, while cost pressures and regulatory complexity remain key challenges for market participants.
The UAE has introduced a formal penalty framework for non-compliance with its upcoming mandatory e-invoicing system, marking a significant milestone in the country’s transition toward fully digital tax administration. The move is expected to enhance transactional transparency, strengthen real-time compliance monitoring, and improve the overall efficiency and effectiveness of VAT enforcement.
Financial crimes and cybersecurity risks are rising across the GCC as digital transformation surfaces across key sectors. Regulators are responding with tighter oversight and stronger cybersecurity and financial crime compliance requirements.
Kuwait has reformed its immigration and residency framework, and has increased iqama, visa, and health insurance fees across most categories.
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