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UAE: Locally-Registered Companies Set to be Opened Up to 100% Overseas Ownership

2 Nov 2017

As of early 2018, overseas investors are to be permitted to wholly own UAE-registered companies operating in certain sectors. At present, at least 51% of every UAE-registered business has to be owned ...Read More


United Arab Emirates: Market Profile

5 Sept 2017

UAE GDP is expected to grow moderately at 1.5% in 2017 due to fiscal consolidation and an expected fall of oil output following the OPEC production cut agreement....Read More


UAE: Online Registration for Incoming VAT to Commence from Mid-September

31 Aug 2017

The online registration of businesses for the UAE’s value added tax (VAT) regime will commence from mid-September. To facilitate the process, the UAE’s Federal Tax Authority has launched a website www...Read More


UAE: First Details Published of Incoming Tax Administration and Compliance Requirements

8 Aug 2017

The first details of the administration and compliance requirements relating to the country’s new tax regime were announced on 31 July, following the enactment of the Tax Procedures Law, the legal bas...Read More


UAE: Processing Time for Labour Dispute Resolution Cut to 10 Days

24 July 2017

The official processing time for the settlement of labour disputes is to be reduced from 30 days to just 10. This has been facilitated by a number of measures recently adopted by the Ministry of Human...Read More


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


UAE: 5% VAT Set to be Implemented from 1 January 2018, exemptions allowed

31 March 2017

The government is planning to introduce a 5% value added tax (VAT) on goods and services with effect from 1 January 2018. While it is yet to specify the complete list of goods and services to be subje...Read More


Fast-growing Middle East Film and TV Sector Seeks Global Markets

28 Feb 2017

Hampered by a lack of funding and a comparative shortage of outlets, the burgeoning Middle East film and TV sector is looking to attract far greater international funding and wider distribution, while...Read More


UAE: Streamlined Customs Processing Promised for Approved Businesses

26 Oct 2016

Faster customs clearance is on offer to those businesses that sign up to the country’s Authorised Economic Operator (AEO) programme....Read More


UAE: New Standards and Online Tracking Introduced to Combat Counterfeit Automotive Spare Parts

23 Sept 2016

Importers and manufacturers of automotive spare parts will have to conform to new technical and safety standards under changes proposed by the Emirates Authority for Standardization and Metrology (ESM...Read More


UAE: Senior Executives No Longer Face Personal Bankruptcy in Case of Company Insolvency

13 Sept 2016

For the first time, executives in the UAE are to be legally protected from personal bankruptcy in the case any company they are associated with facing insolvency problems. Previously, such executives ...Read More


UAE: Employers Legally Obliged to House Low-Paid Workers

27 July 2016

Free accommodation will have to be provided for low-income workers by employers with 50 or more employees from December 2016....Read More


Building on the UAE’s construction boom

15 Aug 2014

Against a background of Middle East instability, the UAE has become a haven for regional investment and tourism. A solid economic recovery coupled with a fillip from Dubai’s successful bid to host the...Read More


Sharjah: The UAE’s Manufacturing Stronghold

24 July 2014

Firmly established as the UAE’s manufacturing centre, Sharjah is emerging as an increasingly popular investment destination aside from Dubai and Abu Dhabi. With its favourable geographic location, Sha...Read More


Trading with MENA: leveraging Dubai’s advantages

3 July 2014

As the regional trade and logistics hub, Dubai is an important gateway for Hong Kong companies looking to enter the Middle East and North Africa (MENA) region. Dubai’s total exports have almost double...Read More


Diversifying Abu Dhabi: FDI opportunities in its non-oil economy

12 June 2014

Instead of relying on oil reserves to power its economy, the United Arab Emirates and the emirate of Abu Dhabi (in particular) is committed to diversification, promoting knowledge-based and sustainabl...Read More


Recovering Dubai: a resurgent retail market

8 May 2014

Dubai’s retail market has been boosted by a growing influx of tourists, expatriates and investors. Amid the unrest in the Middle East and North Africa region, they have been keen to capitalise on the ...Read More


Dubai targets Hong Kong's crown as World's Hottest Real Estate Market

16 May 2013

Dubai comes close second to Hong Kong in annual survey of the fastest rising values in the world's real estate markets. Some analysts back the Middle Eastern city to take the number one slot in the 20...Read More


Abu Dhabi builds for tourism

17 Oct 2012

Abu Dhabi is setting to turn itself into a tourism centre with some 20 new hotels to open in the next three years, along with the world’s tallest gate...Read More


Luxury oasis in the Middle East

17 Aug 2012

Luxury goods are receiving an enthusiastic welcome in the Middle East, while the region's wealth is prompting forays into the brand acquisition market...Read More

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