Kuwait Begins 2025 With A 15% Tax On MNCs In Economic Diversification Bid
The new tax is part of the country’s broader effort to promote economic development and ensure financial sustainabili... Read more
China May Cut Interest Rates In 2025: Report
The economy’s main rate is its seven-day reverse repo rate, which it last cut from 1.7 percent to 1.5 percent in late... Read more
ADGM Slashes Fees For Commercial Licences In 2025
ADGM in Abu Dhabi introduces new fee structure for commercial licences Read more
Albilad Saudi Sovereign Sukuk ETF Announces Cash Dividend Payout
The total value of the dividends will be SAR 72,956, equivalent to 0.10% of its NAV Read more
Egyptian Government Plans To Borrow $39bn From Local Market In Q1 2025
Forty-eight treasury bill auctions worth EGP 1.780 trillion and 40 bond auctions worth EGP 203 billion are scheduled fr... Read more
Abu Dhabis Mubadala Overtakes Saudis PIF As Worlds Top Sovereign Fund Investor With Over $29bn In 2024
Since 2023, Mubadala's investments jumped 67% while PIF's dropped 37% Read more
Saudi Public Investment Fund Assets Soar 37% To $42.6bn
International and domestic public investment fund assets in Saudi Arabia witnessed significant growth in 2024 Read more
Kuwaits New 15% Tax On MNEs To Strengthen National Economy, Minister Says
Kuwait's economy is approaching a new phase of diversification and competitiveness, Fassam said Read more
GFH Partners Acquires Dubai-based Logistics Fund Manrre REIT
The DIFC-headquartered company plans to bring its international experience to build on Manrre’s $136 million in GCC c... Read more
American Express Middle East Supports The Evolving Landscape Of Luxury Travel And Experiential Gifting
According to American Express Middle East, today's travellers are seeking more than just a destination – they're in p... Read more
Saudi Arabia Extends Tax Fine Exemption For 6 Months
Saudi tax authority extends exemption on fines until June 30, 2025 Read more
SHUAA To Launch Two MCBs To Complete Capital Optimisation Plan
Bonds to be issued in two tranches of $115.9 million total value; MD Ahmed Al Ahmadi steps down as planned Read more
Al Ansari Financial Services, Halan Partner To Launch Financing Solutions In UAE
The partnership introduces two key services: Salary Advance and Send Now, Pay Later (SNPL), which offer greater financi... Read more
Kuwait Announces New Tax
Kuwait will introduce a new 15% tax on multinational entities from January 1 Read more
Saudi Tax Authority Issues E-invoicing Update
Saudi Arabia’s Zakat, Tax and Customs Authority targets 19th wave of taxpayer for e-invoicing regulations Read more