UAE’s New Tax Nexus Rules: What Foreign Investors Need to Know About Corporate Tax Obligations

The UAE Ministry of Finance recently published a decision that is likely to change the taxation of foreign (non-resident) investors and companies in the UAE. This is a new step in addressing non-residents’ tax link (nexus) obligations, particularly concerning qualifying investment funds (QIFs) and Real Estate Investment Trusts (REITs) which triggers taxable nexus concerning corporate … Read more

Lights, Camera, Road Safety! Dubai RTA Launches Film Festival to Tackle Traffic Accidents

The Road Safety Film Festival is a new initiative by Dubai’s Roads and Transport Authority (RTA) aimed at tackling the ongoing issue of road accidents by inviting aspiring filmmakers to create attention-grabbing films that encourage safe driving. This initiative targets university and postgraduate students by encouraging them to actively participate with the chance to win … Read more

Diplomacy Amid Disaster: Myanmar’s Junta Leader Makes Rare Summit Appearance After Earthquake Devastation

In a surprising turn of events, Myanmar’s military ruler, General Min Aung Hlaing, has attended a regional summit in Bangkok after a week of silence that followed a devastating earthquake in his country. The quake left over 3,100 people dead while injuring and displacing thousands. The earthquake, along with the humanitarian crisis it unleashed, invited … Read more