NEW CUSTOMS EXCHANGE RATE SET

Egyptian Cabinet Resolution No. 1568/2022 Adjusts Egyptian Accounting Standards to Confront Exchange Rate Fluctuations.

General Organization for Export and Import Control Halts Imports of Companies and Factories that are not in Compliance with Ministry of Trade and Industry Decree no. 43/2016

The New Hotels and Tourism Establishments Law in Egypt

The Legal Status of Documents Signed Before Foreign Embassies in Egypt.

Saudi Arabia Finalizes New Privatization Regulations

Over the past decade, Saudi Arabia has taken steps to stimulate the country’s economy through privatization. The government’s vision is embodied in the form of “Vision 2030”, which conceptualizes an...

Egypt Parliament’s Manpower Committee Concludes Labor Law Discussions

The Manpower Committee of the House of Representatives has finished discussing the Labor bill. The new Labor bill submitted by the government to the House of Representatives contains several new...

Dubai Spotlight: New DIFC Law Issued

Sheikh Mohamed bin Rashid Al Maktoum, the emir of Dubai, has released a new Dubai International Financial Centre (DIFC) Law in a move that will affect dispute resolution mechanisms in...

Creation of the Dubai Digital Authority

Sheikh Mohammed bin Rashid Al Maktoum, the vice president of the United Arab Emirates and the prime minister of Dubai, issued a law establishing the Dubai Digital Authority. He declared...

KSA Grants a Grace Period to Anti-Concealment Law Violators

Even as Saudi Arabia’s neighbor, the UAE is liberalizing its investment regime to attract more foreign direct investment, the Kingdom is determined to protect its local businesses from the encroachment...