-
Understanding Transfer Pricing
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No Comments
The introduction of transfer pricing regulations in the UAE highlights the need for companies to ensure transactions between entities are conducted at arm’s length, aiming for transparency and compliance in international business operations.
-
UAE: DIFC on the rise
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Dubai International Financial Centre (DIFC) has reported a 15% increase in job creation and a 26% year-on-year increase in active companies, with revenues and operating profits rising by 23% and 27%, respectively.
-
KSA: Jeddah´s Infrastructure Fuel Foreign Investment
- 12.02.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
Jeddah Central Development Co. secures four major construction contracts worth USD 3.2 billion to enhance the city’s urban landscape, aiming to redefine Jeddah as a global leisure and cultural destination by 2027.
-
UAE Launches Online Legislation Platform to Boost Legal Transparency
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The United Arab Emirates has launched a comprehensive online platform providing access to its legal documents since 1971, reflecting its commitment to legal transparency and inclusivity.
-
UAE: Salaries Anticipated Growth, Skill Demands, and High-Paying Roles
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE job market in 2024 is set to experience a 4.5% increase in average salaries, with a significant demand for skills in management, leadership, and technology, highlighting the need for professionals to adapt to evolving market dynamics.
-
UAE: Supreme Court Bans Compound Interest in Financial Transactions
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE Federal Supreme Court has banned compound interest in financial transactions, shifting towards simpler interest models and benefiting borrowers.
-
UAE Emerges as a Global Investment Magnet According to UNCTAD Report
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has seen a significant 28% increase in new foreign investment projects in 2023, solidifying its status as a global investment hub.
-
KSA: Saudi Arabia’s Off-Plan Property Revolution
- 09.02.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
Saudi 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.
-
UAE: Applying for a Loan – Important Considerations
- 28.01.2024
- Posted by: Uwe Hohmann
- 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.
-
UAE: Employment Termination Amidst Restructuring
- 28.01.2024
- Posted by: Uwe Hohmann
- 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.
-
05 Dec 2025 TaxUnderstanding UAE Tax Penalties
-
05 Dec 2025 DubaiUAE Economy Set to Grow 4.8% in 2025
-
05 Dec 2025 TaxUAE Tax Procedures Law Key Amendments Taking Effect in January 2026
-
28 Nov 2025 DubaiUAE Launches New Platform for Buying and Selling Trademarks
-
28 Nov 2025 Company SetupGDRFA Dubai and DIFC Sign Partnership Agreement