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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

09/02/2023

	Ministry of Education relaxes rule for university admission Higher education institutions in the UAE are no longer required to apply Emirates Standardized Tests (EmSAT) for university admissions, it was announced on Thursday.
	Dubai: Sheikh Mohammed issues laws to establish new corporations under Department of Economy & Tourism In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, issued Laws No. (5), (6) and (7) of 2023 establishing three new subsidiaries of Dubai’s Department of Economy and Tourism (DET).
	UAE Emiratisation fines, deadlines: What's changed and what hasn’t under new rules? The UAE recently rolled out amendments to its Emiratisation rules, aiming to ensure that private companies will be able to sustain the drive all year round.
	Emirates Islamic first UAE bank to issue a dirham sukuk Emirates Islamic has become first bank in the UAE to issue a dirham sukuk in the wake of rising demand for local currency issue.
	UAE central bank granted licence to Russia’s MTS bank MTS Bank is registered in Abu Dhabi and received the licence last year, the information shows.
	Sharjah records Dh2b real estate sales in January Sharjah on Wednesday announced that the emirate consolidates its position as an attractive destination for property investors as it executed 2,999 real estate transactions worth Dh2 billion in January.
	Integration of zakat, tax bodies with customs to be completed in Q1: ZATCA governor The complete merger of the General Authority of Zakat and Tax with the General Authority of Customs will be completed by the end of the first quarter of 2023, revealed ZATCA Gov. Suhail Mohammed Abanmi.
	OECD’s 15% minimum tax rule should be implemented in every jurisdiction: KPMG expert The 15 percent minimum tax rule put forward by the Organization for Economic Cooperation and Development should be implemented on multinational companies in every jurisdiction, according to the managing director at KPMG US.

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OMANI LAWS

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