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UAE Talks About a 10-Year Golden Business License
- 04.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
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The UAE is set to revolutionize its business licensing structure by introducing 10-year ‘golden’ licenses and 5-year ‘silver’ licenses.
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Foreign Direct Investments in Europe on Decline
- 04.05.2024
- Posted by: Omar Sami
- Categories: Europe, Middle East
Europe’s Foreign Direct Investment dropped by 4%, influenced by economic uncertainties, energy security concerns, and a surge in regulatory measures across various sectors.
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Saudi Arabia’s GDP and Trade on the Rise
- 04.05.2024
- Posted by: Derya Bandak
- Categories: Middle East, Saudi Arabia
Saudi Arabia’s GDP rose by 1.3% in the first quarter of 2024, driven by growth in both oil and non-oil sectors, an example of economic resilience and diversification efforts.
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CBUAE Holds Base Rate: What does this mean for your business
- 04.05.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The Central Bank of the UAE has maintained its Base Rate for the Overnight Deposit Facility at 5.40%, signaling stability and control in the monetary environment, crucial for the country’s economic balance.
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DIFC Courts Gain Popularity – Stronger and Faster Legal Solutions for Businesses
- 26.04.2024
- Posted by: Omar Sami
- Categories: Dubai, Middle East
The DIFC Courts handled more and larger cases than before in 2023, with the main court settling 111 cases worth AED 16.5 billion.
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Dubai – Leading Digital Economy Hub
- 26.04.2024
- Posted by: Derya Bandak
- Categories: Dubai, Middle East
Dubai has once again shown itself as a leader in digital innovation by attracting nine multinational companies, worth more than AED 304 billion.
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UAE Corporate Income Tax Regulations: Accounting Standards and Tax Obligations
- 26.04.2024
- Posted by: Uwe Hohmann
- Categories: Middle East, Tax
Businesses operating in the UAE must align their accounting practices with the standards set by the Federal Tax Authority to avoid penalties and optimize tax positions.
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A Simple Guide to Understanding Your Rights and Duties with the FTA’s New Taxpayer Charter
- 20.04.2024
- Posted by: Omar Sami
- Categories: Dubai, Middle East, Tax
The FTA’s new Taxpayer Charter guarantees fair treatment, privacy, and access to accurate information, ensuring a transparent and equitable tax environment for all.
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Leveraging Spanish Investments in Saudi Arabia for Business Opportunities
- 20.04.2024
- Posted by: Derya Bandak
- Categories: Middle East, Saudi Arabia
Spanish investments in Saudi Arabia, surpassing EUR 3 billion over the last decade, highlight the strong economic ties and opportunities for European businesses considering entering the KSA market.
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Exploring Business Opportunities in the UAE Tourism Sector
- 20.04.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The projected increase in employment and visitor spending within the UAE’s tourism sector for 2024 offers opportunities for entrepreneurs to establish and expand businesses in hospitality, travel, and related services.
