The Capital Market Authority in the Kingdom of Saudi Arabi has recently issued its guidelines on the listing of real estate contributions' certificates on financial markets.
HH Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah, promulgated a Law subjecting branches of foreign banks, operating in the Emirate of Sharjah, to a new income tax.
The Kuwait Capital Markets Authority issued a circular setting out the parameters of prohibitions when it comes to dealings or transactions related to Virtual Assets or Virtual Currencies.