TOP STORIES THIS WEEK:

Eid Al Adha 2025: Dates and Holiday Announcements Across the Middle East

Eid Al Adha will be observed on June 6 in most Gulf countries and June 7 in parts of Asia, prompting extended holidays and business schedule adjustments across the region.

Saudi Arabia New Sukuk Issuance and Buyback Worth US$32 Billion

Saudi Arabia has launched US$16 billion in sukuk across five tranches alongside a US$16 billion buyback, strengthening its Islamic finance market and liquidity management tools.

UAE Corporate Tax Update: New Rules for Unincorporated Partnerships Introduced

The UAE expands corporate tax coverage to unincorporated partnerships, offering optional transparency and tailored compliance under Federal Decree-Law No. 47 of 2022.

Dubai Global Hotspot for Millionaire Migration and Wealth Relocation

With 130,500 millionaires relocating, Dubai emerges as a global center for wealth relocation, residency planning, and high-net-worth investment strategies.

Saudi Labor Law Articles 80 and 81 Explained: Employee Resignation Rights and Employer Termination Rules

Articles 80 and 81 of Saudi Labor Law define when employees can resign without notice and the grounds for lawful termination, offering key guidance on fair workplace practices.

COMPLIMENTARY BUSINESS RESOURCES:

The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience

In the face of rising geopolitical tensions, regulatory shifts, and global supply chain vulnerabilities, foreign investors in China are reevaluating their regional strategies. This issue of China Briefing magazine explores cross-border restructuring as a practical, forward-looking approach to mitigate risks without abandoning China’s manufacturing strengths and market potential. Tailored for decision-makers, the magazine offers actionable insights to help businesses build operational flexibility and long-term resilience across Asia.

An Introduction to Doing Business in Indonesia 2025

This publication, designed to introduce the fundamentals of investing in Indonesia, was compiled by the experts at Dezan Shira & Associates, a specialist foreign direct investment practice, that provides corporate establishment, business intelligence, tax advisory and compliance, accounting, payroll, due diligence, and financial review services to multinationals investing in emerging Asia.

UPCOMING EVENTS FOR ASIA:

[CN] ASEAN Supply Chains: Anchors in a Shifting World 东盟供应链：在流动的世界中寻找锚点

澳洲会计师公会线下研讨会 | 2025年6月5日，星期四 | 下午7:00 - 9:00 中国上海

Unlocking Growth in Vietnam: A Strategic Opportunity for Australian Businesses

Webinar | Thursday, June 12, 2025, | 3:00 PM AEST / 12:00 PM Vietnam

Future-Ready in ASEAN: Strategic Advantages of the Johor-Singapore Special Economic Zone

Webinar | Tuesday, June 17, 4:30 PM Singapore / 3:30 ICT / 10:30 CET