UAE judicial system gets smart E-trials
The newly introduced law aims to endorse the rule of law, ensure effective justice, provide for fast-track civil trials and to keep pace with progressive technological changes in the Civil Procedures Code.
Challenges and opportunities for healthcare setup in the region of MENA
The investment opportunities in the healthcare sector of the province of MENA is attracting investors worldwide, but there are certain restrictions that an investor has to navigate by abiding the local laws that are required for hospital set up in the MENA region.
CBB regulates playtime in Sandbox for Fintech firms
The Central Bank of Bahrain introduced a regulatory Sandbox for the Fintech Firms in July 2017 for testing their innovative and customer beneficial technologies in a safe virtual place. The State of Bahrain is the second member state of the GCC to introduce these regimes.
Singapore shows accelerated growth in the third quarter
Singapore has witnessed a rapid growth boost in the third quarter as the Gross Domestic Product(GDP) registered a growth rate of 8.8% over the expected growth rate of 6.3% and the GDP of the year was at 5.2 % than the estimated 5%. The stabilization of the global trade has boosted the growth of the […]
OECD aware of strengthening Global economy and shifts its focus on the private sector for its unprecedented growth
According to the latest report of OECD, the Global economy has enhanced due to the monetary and fiscal reasons and has shown a broad and coordinated improvement of growth in most of the countries.
The benefits of the DIFC Special Purpose Company (SPC)
The Dubai International Financial Centre (DIFC) is a prominent center for intercontinental companies that are having its base in the Middle East, Africa, and Asia.
Checklist for Oman VAT implementation
The GCC council has set the stage for VAT implementation from the start of this year or in the first quarter of 2018, and the member states of the United Arab Emirates and Saudi Arabia have issued a formal announcement and implemented VAT law in their respective provinces.