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March 28, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
28 March 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

MIDDLE EAST EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Dubai’s New Tax Regulation for the Banking Sector
 
The Dubai government has unveiled a new legislation requiring foreign banks operating within the emirate to pay a 20 percent annual tax. We discuss implications and exemptions.
 
 
 
Abu Dhabi Investment Authority Offers Discounted Buyouts for Investors Exiting China PE
 
ADIA, the sovereign wealth fund of Abu Dhabi, is strategically positioning itself to benefit from the trend of Western investors reducing their exposure to China.
 
 
 
UAE’s Overseas Investments Soars to Estimated US$2.5 Trillion by 2024
 
The UAE’s overseas investments have surpassed US$2.5 trillion, and includes a landmark US$35 billion investment agreement with Egypt for the development of Ras Al Hekma.
 
 
 
Bahrain-Based TAHA International Signs Technology Licensing Deal with China’s NFC
 
TAHA International for Industrial Services (TIIS), the leading aluminum dross processing company based in Bahrain, has signed a strategic technology licensing agreement with China Nonferrous Metal Industry’s Foreign Engineering...
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Corporate Tax Planning for Businesses in Vietnam in 2024
 
 
Corporate Tax Planning for Businesses in Vietnam in 2024
 
Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report by Vietnam Briefing, we discuss the country’s Corporate Income Tax system, key...
 
 
 
 
Inside India's Manufacturing Revolution: Strategies and Insights for Business Success
 
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign...
 
 
 
Unlocking ESG Reporting Requirements in Singapore
 
In this latest issue of ASEAN Briefing, we dive into the regulatory requirements of ESG reporting in Singapore before describing what needs to be included in an ESG report. Finally, we discuss the ESG core metrics...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Navigating Data Compliance in Singapore and China: Insights for Multinational Businesses
 
Seminar/Panel | Singapore | 9:00 AM-11:00 AM
 
 
 
Unlocking Vietnam's Digital Potential: Prospects for FDI and Government Support
 
Webinar | Wednesday, April 17, 2024 | 3:30 PM Vietnam / 4:00 PM Singapore / 10:30 AM CEST
 
 
 
China's Silver Economy: Tapping into the Rising Spending Power of the Elderly Population
 
Webinar | Tuesday, April 16, 2024 | 4:00 PM China / 10:00 AM CEST / 9:00 AM UK / 6:00 PM AEDT
 
 
 
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