| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Aggressive reforms and incentives are reshaping FDI flows into Saudi Arabia, attracting regional HQs, while the UAE remains a stable, globally connected hub. Investors must weigh Saudi Arabia’s high-growth potential against the UAE’s established business environment for strategic regional positioning. | | | | | The UAE Ministry of Finance has launched a consultation process on its proposed e-invoicing framework, inviting stakeholders to provide feedback by February 27, 2025, to ensure the system is practical, comprehensive, and aligned with business needs. This initiative aims to enhance tax compliance, operational efficiency, and digital transformation in the UAE. | | | | | The Industrial Production Index (IPI) in Saudi Arabia rose by 2.1 percent year-on-year in December 2024, driven by strong manufacturing activity and waste management services. | | | | | By the end of 2024, the Public Authority for Special Economic Zones and Free Zones (OPAZ) reported a total of 183 industrial licenses, with industrial cities accounting for 125, or 68 percent, of the total. We list multiple new industrial city projects being developed by OPAZ across Oman, aligned with the country’s Industrial Strategy 2040 and Vision 2030. | | | | | Numbeo’s 2024 Safety Index ranks Abu Dhabi the world’s safest city for the eighth year, highlighting the Gulf region’s collective efforts in maintaining secure and well-managed urban environments. The top 10 safe cities also include the emirates of Dubai, Sharjah, and Ras al-Khaimah, alongside Doha, the capital of Qatar, and Muscat, the capital of Oman. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | This latest issue of ASEAN Briefing magazine provides a detailed exploration of these opportunities in the Halal industry. Through country-specific analysis, regulatory insights, and actionable strategies, we examine the unique contributions of Indonesia, Malaysia, and Thailand. | | | | | This guide aims to walk foreign businesses through the annual audit and compliance process from start to finish, in addition to introducing China’s accounting framework in a comparative context. | | | | | This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their business presence in this rapidly evolving market. The guide provides an updated overview of market entry requirements, intellectual property considerations, taxation policies, and HR & payroll regulations. |
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UPCOMING EVENTS FOR ASIA: | | | Seminar | Tuesday, February 18, 2025 | 9:00 AM - 5:00 PM Singapore time | | | | | Webinar | Wednesday, February 26, 2025, 3:00 PM Singapore / 2:00 PM ICT / 8:00 AM CET | | | | | Seminar/Hybrid Event | Wednesday, February 26th, 2025, 4:30 PM to 7:00 PM ICT |
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