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KSA: Saudi Arabia’s Off-Plan Property Revolution
- 09.02.2024
- Posted by: Derya Bandak
- Category: Saudi Arabia
No CommentsSaudi Arabia is revolutionizing its real estate industry through off-plan property sales, aiming to increase homeownership rates as part of its Vision 2030 and National Transformation Program.
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UAE: Applying for a Loan – Important Considerations
- 28.01.2024
- Posted by: Omar Sami
- Category: Dubai
The UAE’s Central Bank emphasizes the importance of understanding loan agreements, providing 14 key questions to guide individuals. It’s crucial for borrowers to be informed about terms, interest rates, and potential financial implications to make diligent decisions.
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UAE: Employment Termination Amidst Restructuring
- 28.01.2024
- Posted by: Derya Bandak
- Category: Dubai
In the UAE, terminating employment during company restructuring requires adherence to strict labor laws, and unilateral decisions without valid reasons may lead to legal liabilities.
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UAE: Business Closure – A Guide for Entrepreneurs
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
Closing a business in the UAE involves a meticulous process, requiring careful attention to legal and administrative steps. Mainland and free zone businesses have distinct closure procedures, each with unique requirements for license cancellation, employee and utility management.
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Dubai: Exploring Real Estate Shifts in 2024
- 21.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
Dubai’s real estate market is set for transformation in 2024, with a resurging apartment sector, villa market growth, and significant infrastructural developments influencing investment dynamics.
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Ensuring Job Description Consistency in the UAE: Aligning Job Designation on Offer Letters, Emirates ID, and Visas
- 21.01.2024
- Posted by: Derya Bandak
- Category: Dubai
Employers in the UAE must maintain consistency in job designations across crucial documents such as offer letters, residence visas, and Emirates IDs, ensuring compliance with regulations set by the Ministry of Human Resources and Emiratisation (MoHRE).
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Saudi Arabia Expands Premium Residency Permit Categories to Attract Global Talent
- 21.01.2024
- Posted by: Omar Sami
- Category: Saudi Arabia
Saudi Arabia broadens its Premium Residency Permit scheme with five new categories to attract foreign investment and high-caliber talent in various fields.
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BRICS Welcomes the Middle East
- 16.01.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The UAE and KSA are already well-known as economic leaders in their region – joining BRICS could open new doors, offering fresh opportunities for trade and investment on a global stage.
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Dubai’s Real Estate Market Off to a Strong Start in 2024
- 15.01.2024
- Posted by: Derya Bandak
- Category: Dubai
Dubai’s real estate sector kicked off 2024 with a strong start, reporting 1,721 property deals worth AED 5.8 billion in the first week, indicating a robust and potentially successful year ahead.
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UAE Corporate Tax Law: An In-Depth Look Into Tax Groups
- 14.01.2024
- Posted by: Omar Sami
- Categories: Dubai, Tax
In the UAE, Tax Groups enable businesses to streamline tax compliance by consolidating financial results and filing a single tax return, enhancing efficiency and cohesion in tax reporting.
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19 Dec 2024 TaxUAE Introduces World’s First VAT Refund System for E-Commerce Purchases by Tourists
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19 Dec 2024 DubaiUAE Leads Global Rankings: What It Means for Your Business
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19 Dec 2024 DubaiUAE Central Bank Cuts Interest Rates: Impact on Dubai Businesses
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13 Dec 2024 TaxUAE To Introduces 15% Minimum Tax Rate for Multinationals
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13 Dec 2024 DubaiUltimate Beneficial Ownership in the UAE