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His Highness Sheikh Mohammed bin Rashid Al Maktoum launched the Dubai Economic Agenda 'D33' on 4 January 2023, setting a target to double Dubai's economy to AED 32 trillion in…
Read the reportThe UAE's 9% federal corporate income tax became effective 1 June 2023, ending the country's historic zero-tax status for corporate income. The 9% rate — among the lowest globally…
Read the reportThe UAE Ministry of Finance announced on 31 January 2022 the introduction of a 9% federal corporate income tax — the first in UAE history — effective for financial years starting…
Read the reportThe UAE announced the first tranche of 'Projects of the 50' in September 2021 — 50 economic and social reform initiatives timed to the UAE's 50th National Day. Key measures…
Read the reportFederal Decree-Law No. 26 of 2020 eliminated the longstanding requirement for Emirati majority shareholders in UAE mainland companies, effective 1 December 2020. Foreign nationals…
Read the reportThe UAE and Bahrain signed normalisation agreements with Israel at the White House on 15 September 2020, making the UAE the first Gulf state to normalise relations with Israel…
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