12/06/2023
UAE corporate tax 2024: Details, registration, requirements
These are the necessary procedures that all businesses operating in the UAE must follow in order to comply with the corporate tax framework
Legal, Tax, Regulation & Compliance
12/05/2023
Herbert Smith Freehills advises Masdar on landmark agreement at COP28 between UAE and Kazakhstan
It is Masdar’s inaugural project in Kazakhstan, Central Asia's largest economy.
12/04/2023
The DFSA waives regulatory fees on ESG listings on Nasdaq Dubai
This fee waiver is effective immediately and will apply throughout 2024
11/30/2023
UAE issues new Dh500 banknote; circulation begins today
The new banknote is being issued in the same blue colour, for easier identification and will go into circulation on Thursday, November 30
11/23/2023
UAE Corporate Tax: How prepared are businesses as first tax year comes into sight
While first corporate tax payment is due only by Sept. '25, much still needs to be done
11/23/2023
Saudi Arabia is a regional powerhouse and global policy shaper: World Bank official
He underscored Saudi Arabia’s efforts to tackle climate change and applauded the Kingdom for its global initiatives.
11/22/2023
Binance to pay billions in US in money laundering case, CEO resigns
Zhao pleaded guilty to failing to maintain an effective anti-money laundering program
11/22/2023
Khaleeji Bank signs partnership agreement with Naseej
Includes cash prizes and exclusive offers for ‘Basateen’, ‘Canal View’ and ‘Nasayem Arad’
11/17/2023
Baker McKenzie advises Arab Bank Switzerland on its acquisition of the Quarz'Up development project near Geneva in a share deal
The Quarz'Up project will comprise approximately 23,000 square meters of usable space in a total of four buildings.
11/16/2023
UAE Corporate Tax: Big relief for commodity traders in free zones
Commodity businesses at free zones will be much pleased with latest corporate tax updates
11/14/2023
Dubai Taxi IPO: 25% stake to list on Dubai Financial Market
The subscription period will open on Tuesday, November 21
11/14/2023
Cover story: How regtech tools can help UAE-based entities enhance compliance and security
NorthLark’s Eshana de Silva tells Gulf Business that regtech promises to marry the new landscape of post-financial crisis regulation to the new landscape of digital technologies
11/14/2023
CBO issues treasury bills worth OMR36 million
Treasury bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds.
11/10/2023
UAE tax guide 2024: Everything you need to know
A new tax is on the way in 2024 and businesses need to be prepared
11/09/2023
Ogier launches in Dubai, providing clients with on-the-ground legal, corporate services, and regulatory consulting
Ogier will offer legal, corporate services, and regulatory consulting from its new location in the Dubai International Finance Centre.
11/09/2023
Saudi Arabia grants regional HQ licenses to over 180 companies: report
Investment Minister Khalid Al-Falih says the rate is picking up at 10 companies per week
11/09/2023
Saudi Central Bank sets new rules for APR calculation
The APR is a fixed interest rate for an entire year and offers a complete picture of what consumers will pay for a loan.
11/07/2023
Dubai approves general budget of $67bn for 2024-26 fiscal cycle
The budget lays increased focus on key sectors of social development, citizen housing, government work development, among others
11/07/2023
Kuwait to introduce new corporate tax initiative
This reform will be implemented in two stages and is expected to be fully phased out as early as 2025.
11/06/2023
Internal Auditors Chapter hosts ‘The Anti-Fraud Strategies Masterclass’
Mourtada started his presentation by bringing the context with staggering fraud data. $1.4 trillion is lost annually to scams; cybercrimes are estimated to cost the world $8 trillion in 2023