Updates & Alerts

A new amendment to Ministerial Decision No. (209) of 2020, released by the Minister of Commerce, Industry and Investment Promotion Resolution No. (435) of 2024.

Bahrain has published Decree-Law No. (11) of 2024 regarding the implementation of Tax on Multinational Enterprises.

UAE's Federal Decree Law No. 9 of 2024 comes into effect on August 31, 2024. Non-compliance may subject the violator to fines ranging from 100,000 to 1,000,000.

Saudi Arabia's recent Labor Law amendments signify a major shift aimed at enhancing equal employment opportunities and improving working conditions.

Saudi Arabia has published a new Investment Law issued by Royal Decree No. (D/19) of 1446H.

Cabinet Resolutions No. 56 and 57 of 2024 are issued in Federal Gazette issue No. 777 Dated 14 June 2024

The SCA BOD Chairman Resolution No. (25/R.M) of 2024 outlines the regulations for Special Purpose Vehicles (SPVs) in the UAE.

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Law No. (1) of 2024 is a new regulation that governs the taxation of foreign banks operating in Dubai.

Oman implemented the Financial Services Authority (FSA) on March 25, 2024, under Royal Decree No. 20 of 2024 (referred to as the ‘’FSA Law’’).

A new Judicial Authority has been established and announced in Dubai, last month.

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.