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UAE Digital Trade to Grow 12.3% Annually
- 30.05.2024
- Posted by: Uwe Hohmann
- Category: Dubai
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Digital trade in the UAE is set to grow by 12.3% annually until 2028, with over 40% of consumers using “buy now, pay later” models.
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Saudi Arabia Sees Surge in Investment Deals – Time to Set Up Your Business in the Kingdom
- 30.05.2024
- Posted by: Uwe Hohmann
- Category: Middle East
In the first quarter of 2024, Saudi Arabia secured over 53% of its investment deals, with significant contributions from US and UK investors and a strong focus on sports and technology.
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UAE Invests to Increase Local Manufacturing – Opportunity for Entrepreneurs
- 30.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE is boosting its industrial sector with an extra USD 6.3 billion to become more self-sufficient and attract more investment.
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Urgent Reminder: Submit Corporate Income Tax Registration to Avoid Penalties
- 26.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Federal Tax Authority (FTA) has reminded individuals with Corporate Tax licenses granted in January and February to submit their Corporate Tax registration applications by 31.05.2024 to avoid penalties.
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Moody’s Upgrades Saudi Arabia’s Credit Rating to ‘A1’
- 25.05.2024
- Posted by: Uwe Hohmann
- Category: Middle East
Moody’s has upgraded Saudi Arabia’s credit rating to ‘A1’, citing significant reforms and economic diversification efforts as key factors in their positive outlook.
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UAE: Importance of Compliance with Emiratisation Quotas
- 25.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Private sector companies in the UAE with more than 20 employees must comply with Emiratisation quotas to avoid significant financial penalties and operational disruptions, as outlined by the Ministry of Human Resources and Emiratisation (MoHRE).
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Dubai Becomes a Top Choice for Global Offices
- 18.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Dubai has become a top destination for global offices, attracting companies and family businesses with its business-friendly environment and D33 agenda.
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Dubai Tops Global Greenfield FDI Rankings for Third Straight Year
- 18.05.2024
- Posted by: Uwe Hohmann
- Category: Dubai
Dubai led the world in Greenfield FDI projects for the third year in a row in 2023, demonstrating its strong economic growth and investment appeal.
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UAE announces new 10-year Blue Residency visa
- 17.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has introduced the Blue Residency, a 10-year visa for environmental supporters who have made efforts to protect the environment globally, as part of its sustainability initiatives for 2024.
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UAE: New Bankruptcy Law – What You Need to Know
- 04.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE’s new Bankruptcy Law, effective from 01.05.2024, introduces a specialized Bankruptcy Court and an Insolvency Unit, broadens liability provisions, and adds a preventive settlement mechanism to enhance the efficiency of bankruptcy proceedings.
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