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1.

SAUDI ARABIA: Overseas Employees to be Phased Out of 12 Retail Sectors

19 Sept 2018

Employers in 12 retail sectors are to be banned from having overseas staff on their payrolls in a three-phase process. Since 11 September, it has been illegal for non-Saudis to work in automobile, clo...Read More

2.

Lifestyle Expo in Dubai 2018 Survey Results: A Shining Outlook for Consumer Products

13 Sept 2018

Industry players in the consumer products sector in the Middle East and Africa are showing signs of optimism about market prospects in the near term. Emerging markets in the Middle East are looking up...Read More

3.

Saudi Arabia: Market Profile

10 Sept 2018

Saudi Arabia's economic fortunes are heavily tied to global hydrocarbon prices. While Brent prices have started to recover since 2016, any renewed slump in prices would have a negative impact on the g...Read More

4.

SAUDI ARABIA: Real Estate Ownership Potentially Opening-Up to Overseas Investors

13 July 2018

Overseas investors are to be entitled to wholly-own property under the terms of the country’s proposed Public-Private Partnership (PPP) Law....Read More

5.

SAUDI ARABIA: Kingdom Approves its First Ever Bankruptcy Legislation

28 Feb 2018

The country’s recently-approved Bankruptcy Law, the first such legislation to be adopted by the kingdom, contains provisions related to three key areas – preventive settlements, financial restructurin...Read More

6.

Oil Sector Deals Said to Represent First Successes for BRI Strategy

16 Jan 2018

Closer mainland-Saudi Arabia links, as well as fuel independence for southwest China, attributed to BRI....Read More

7.

SAUDI ARABIA: 5% VAT Now Payable on Goods and Services

4 Jan 2018

VAT of 5% is now payable on all goods/services in Saudi Arabia, except some specified exemptions. Among the products/services deemed to be exempt (or zero-rated) are medicines and certain high-purity ...Read More

8.

SAUDI ARABIA: Overseas Investors Granted Access to NOMU and Future IPOs

2 Nov 2017

Non-resident foreign investors are to be allowed to buy and sell shares listed on NOMU, the country’s secondary market. This move, which comes into effect as of 1 January 2018, is seen as offering suc...Read More

9.

Philippines' SEZs Set Out to Woo Chinese and Middle East Investors

5 June 2017

Rapid expansion of SEZ sector sees Philippines launch charm offensive to counter shortfall in overseas investment....Read More

10.

Economic Shifts See LBFC Embrace Midshore Role and Sharia Finance

11 April 2017

Labuan, Malaysia's only offshore financial hub, has transformed itself as it looks to take on a lead role across SE Asia....Read More

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