Friday, May 16, 2025

Saudi regulator to allow foreigners 49% of listed securities

Saudi Arabia will allow foreigners to own up to 49 percent of listed securities and lower minimum assets under management for qualified foreign institutions...

Saudi’s new expat charges – is your company footing the bill?

In July 2017, an expatriate levy came into force, as a result of which expat employees now have to pay the kingdom SAR100 each...

Work for two companies in UAE after obtaining temporary permit

Employees working in the private sector can work for two companies, provided they have secured temporary work permits from the Ministry of Human Resources...

EU tax haven blacklist set to shrink further, causing outcry

European Union states are set to remove Bahrain, the Marshall Islands and Saint Lucia from a list of tax havens next week, leaving only...

New savings plan for UAE expatriates proposed

A new study has recommended the establishment of a savings investment fund, which would replace the traditional end-of-service gratuity, for expatriate workers who work...

Ultra-wealthy individuals in Dubai to rise 60% by 2026

The number of ultra-high net worth individuals (UHNWIs) in Dubai will grow 60 percent by 2026, according to a Dubai-specific “Wealth Report” from Knight...

These jobs in UAE pay up to Dh25,000

If you are looking for a paying job in the Emirates, there are plenty of options available. The next, big career move of most...

95% Of Finance Professionals Can’t Beat The Market – Study

S&P Dow Jones Indices, the “de facto scorekeeper of the active versus passive investing debate,” recently released its SPIVA U.S. Year-End 2017 report (see...

Why Dubai brokers can’t sign rent contracts anymore

If you are a real estate broker handling an overseas landlord’s property portfolio in Dubai using a power of attorney (POA), you may be...

Kuwait panel rejects $3,300 driving licence fee for expats

A Kuwait parliamentary committee on Sunday rejected a series of anti-expat proposals including calls for foreign workers to pay $3,300 for driving licences. The...

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