In a significant move to streamline tax processes, the Federal Tax Authority (FTA) of the United Arab Emirates has recently unveiled a detailed guide to determine which natural persons are subject to the nationâs Corporate Tax Law, effective as of June 1, 2023. This guide represents a critical step in ensuring clarity and compliance with âŠ
UAE Releases Detailed Tax Guide for Individual Income Earners Read More »
In an insightful analysis by the Mastercard Economics Institute (MEI), the United Arab Emirates (UAE) is poised for a significant uptick in consumer spending in 2024. A detailed examination reveals a projected 5% year-over-year growth in real consumer spending across the emirates. This promising trend positions the UAE distinctively in the Middle East and North âŠ
UAE Consumer Spending Set for Steady Growth in 2024 Read More »
In a significant update, the Central Bank of the United Arab Emirates (CBUAE) has enhanced its economic growth forecast for the year 2024, adjusting it upward from 4.3% to 5.7%. This optimistic revision aligns with the Organization of the Petroleum Exporting Countries and allies (OPEC+) decision to boost oil production in the coming year. A âŠ
Abu Dhabi, in a strategic move to bolster its industrial sector, has introduced a comprehensive platform aimed at streamlining access to finance for manufacturers. This initiative is a pivotal element in realizing the ambitious goals of the Abu Dhabi industrial strategy. The Genesis of the Financing Facilitation Platform Crafted by the Abu Dhabi Department of âŠ
Abu Dhabi Boosts Manufacturing with Innovative Financing Hub Read More »
In a landmark development for the fintech sector in the Middle East and North Africa (MENA), UAE-originated and now Saudi-based fintech unicorn, Tabby, has announced a substantial infusion of capital. The firm has secured a staggering $700 million in debt financing from J.P. Morgan, marking a significant moment in its journey of expansion. Tabbyâs Series âŠ
Tabbyâs Major Funding Milestone Fuels Regional Expansion Read More »
The United Arab Emirates has initiated a significant shift in its digital commerce landscape with the implementation of a new e-commerce law. Designed to bolster the nationâs standing as a global hub for the burgeoning digital economy, this legislation marks a pivotal step in the UAEâs strategic vision. Background and Context Replacing the 2006 law âŠ
UAE Enacts Comprehensive E-Commerce Law to Boost Economy Read More »
The United Arab Emirates (UAE) has enacted a significant legislative reform with the introduction of Federal Law No. 36 of 2023, known as the âNew Competition Law.â This law, set to come into effect on December 28, 2023, marks a substantial shift in the regulatory landscape, replacing the previous Federal Law No. 4 of 2012. âŠ
UAE Implements Comprehensive New Competition Law Read More »
The United Arab Emirates (UAE) has emerged as a hub for business and innovation in the Middle East, making the understanding and enforcement of intellectual property (IP) rights crucial. IP rights in the UAE are governed by a comprehensive legal framework designed to protect the creations of the mind, including inventions, literary and artistic works, âŠ
Intellectual Property Rights in the UAE: A Lawyerâs Handbook Read More »
In a strategic move to strengthen its digital economy, the UAE has introduced a new e-commerce law. Abdullah Ahmed Al Saleh, the Undersecretary of the Ministry of Economy, announced the law, highlighting its role in transitioning the UAE towards a more resilient, innovative, and entrepreneurial economic model. The law is designed to enhance trade growth âŠ
UAE Unveils Comprehensive E-Commerce Law to Bolster Digital Economy Read More »
In a significant development in global trade, the United Arab Emirates (UAE) has emerged as the leader in trade resilience in the Arab world, as reported by the Whiteshield Global Trade Resilience Index. This announcement was made alongside the 28th UN Climate Change Conference (COP28) held in Dubai. Whiteshield, a renowned consulting firm with expertise âŠ
UAE Leads in Arab Region for Trade Resilience According to New Index Report Read More »
Court Cast is a vibrant, collaborative platform designed specifically for legal professionals worldwide. Embrace the opportunity to connect, share insights, and grow with a diverse network of attorneys, legal scholars, and industry experts. Court Cast offers a unique space for members to discuss the latest legal trends, share case studies, and engage in thought-provoking environment.
Go to the full page to view and submit the form.
