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Retail Payment Services and Card Schemes Regulations Marks an Innovative Era of Retail Digital Payment in the UAE

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UAE's VAT for MNCs
  • Newsletter, U.A.E.

Retail Payment Services and Card Schemes Regulations Marks an Innovative Era of Retail Digital Payment in the UAE

  • Key Highlights RPSCS regulation came into force on 15.07.2021 Allows financial service companies and FinTech’s to participate in retail payment services Ensures greater safety during retail digital payment Includes four-category licenses with nine types of payment services The

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Oman Vision 2040: Encourages Partnership of Private Sector Investors
  • Newsletter, Oman

Oman Vision 2040: Encourages Partnership of Private Sector Investors

  • The private sector in Oman is a key partner in the Sultanate’s efforts towards economic expansion and social development as embodied in Vision 2040, stated Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion. He

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Cost-Effectiveness Drives Adoption of Outsourced Accounting Services Amongst SMEs Across the Globe
  • Newsletter

Cost-Effectiveness Drives Adoption of Outsourced Accounting Services Amongst SMEs Across the Globe

  • The recent outbreak of COVID-19 throughout the world has had a tremendous adverse impact on the economy and brought a massive shift in the way companies did business. SMEs and startups have been the hardest hit with insurmountable

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Post-Covid Economic Recovery Propelled UAE’s Non-Oil Foreign Trade on a 27% Higher Growth Trajectory
  • Newsletter, U.A.E.

Post-Covid Economic Recovery Propelled UAE’s Non-Oil Foreign Trade on a 27% Higher Growth Trajectory

  • As the post covid economy gained momentum, the non-oil foreign trade of UAE witnessed an increase of 27% yearly during 2021 to reach Dh1.9 trillion, equivalent to $517.27 billion. Even in 2021, the non-oil foreign trade registered more

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UAE Targets 20 Unicorns by 2031 through Skill-Up, Start-Up, Scale-Up Programmes
  • Newsletter, U.A.E.

UAE Targets 20 Unicorns by 2031 through Skill-Up, Start-Up, Scale-Up Programmes

  • UAE has set an ambitious plan to become home to 20 privately held startups valued at more than $1 billion each, commonly known as ‘unicorns’ in business, over the next nine years, country’s Minister of State for Entrepreneurship

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India and UAE Sign CEPA to Boost Trade by $100 Billion
  • Newsletter, U.A.E.

India and UAE Sign CEPA to Boost Trade by $100 Billion

  • On 18th February 2022, India and the United Arab Emirates (UAE), entered into a Comprehensive Economic Partnership Agreement (CEPA) and signed a wide-ranging trade and investment pact, that is set to benefit almost 90% of trade, both exports

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Singapore Budget 2022 – IMC Group Highlights Key Changes
  • Newsletter, Singapore

Singapore Budget 2022 – IMC Group Highlights Key Changes

  • IMC Group has deeply analysed the budget 2022 and brings to you key changes that can impact the tax structure in Singapore.

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ZATCA Allows Customs Duty Refunds as Saudi Arabia Clarifies GCC Origin of Goods
  • Newsletter, Saudi Arabia

ZATCA Allows Customs Duty Refunds as Saudi Arabia Clarifies GCC Origin of Goods

  • Saudi Arabia issued Ministerial Decision No. 3852 dated 2nd July 2021 on local rules of origin stipulating national rules of origin for the eligibility of preferential duty treatment of imported goods when imported from the Gulf Cooperation Council

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UAE Tax Registrants to Benefit from a 70% Discount on Tax Penalties as the Relief Period Extends
  • Newsletter, U.A.E.

UAE Tax Registrants to Benefit from a 70% Discount on Tax Penalties as the Relief Period Extends

  • The Cabinet Decision effective from January 1st 2022, should be seen as an opportunity for businesses to benefit from the reduction of the administrative penalties, highlighted the FTA. The Cabinet Decision would reduce the burdens on business sectors

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Oman’s Budget 2022 Highlights Strong Economic Growth Optimism
  • Newsletter, U.A.E.

Oman’s Budget 2022 Highlights Strong Economic Growth Optimism

  • The entire global economy went haywire since the outbreak of the Covid 19 pandemic and Oman is no exception.

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