Insights: General
Cultural awareness, expat life and practical guides for anyone building a life or career in the Middle East.
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Trump win may strengthen GCC property markets
The US election results may strengthen the appeal of home, or more local investments in GCC property markets, said Faisal Durrani, Partner – Head of Research, Cluttons. Durrani expects a positive short-term outlook for the region’s property markets, especially in Dubai, as uncertainty over Donald Trump’s election win dominates market sentiments. “This morning’s shock result is
November 10, 2016
Read more about Trump win may strengthen GCC property marketsGFH unit appoints builder for $150m Bahrain Harbour Row project
GFH Real Estate says it has hired AlMoayyed Contracting for mix-used waterfront development in Bahrain Financial Harbour. GFH Real Estate (GFHRE), the real estate arm of the GFH Financial Group, has announced the appointment of AlMoayyed Contracting as the main contractor of its Harbour Row project in Bahrain Financial Harbour. All contracting works, including foundations,
Qatar Airways inks new codeshare deal with Air Botswana
Doha carrier says agreement is part of a push into Africa with services to be launched in Namibia and Zambia by year-end. Qatar Airways has announced a new codeshare partnership with Air Botswana, offering its passengers enhanced access to three key destinations in the African country. The partnership with the national airline of Botswana, will
Oman’s SWF buys stake in Spanish manufacturer Escribano
State General Reserve Fund agrees to buy 32.2% stake; part of drive by Oman to use its assets to help diversify the economy beyond oil. Oman’s State General Reserve Fund (SGRF) agreed to buy 32.2 percent of Mecanizados Escribano, a family-owned Spanish company making precision mechanical components for the aerospace, defence
UAE, Oman sign international land transport deal
Both nations are keen to further strengthen cooperation in fields that serve land transport of passengers and goods. The UAE and Oman signed a cooperation agreement on the international land transport of passengers and goods. The agreement is in line with the keenness of both nations to further strengthen cooperation in fields that serve land
October 28, 2016
Read more about UAE, Oman sign international land transport dealOMAN EXPAT REMITTANCES ‘WILL NOT BE TAXED’ – CENTRAL BANK
Central bank chief says it would violate international agreements and be an obstacle to foreign investment. Expat remittances will not be taxed, according to Hamood Bin Sanjoor Al Zadjali, chief of Central Bank of Oman (CBO). Al Zadjali told Al Shabiba newspaper on Tuesday that levying taxes on expatriates is subject to several considerations. “From the legal
An Intro to Passports and Visas for Your International Move
You won’t get far in an overseas move without the right travel documents and paperwork. This process must start well ahead of your departure date. A little planning and forethought to make sure you understand the requirements, complete all the forms and account for any government bureaucracy will help to ensure everything goes smoothly. Documentation requirements and procedures
Saudi energy minister: Oil market at the end of downturn
Producer action to limit supply will help the market improve further, said Al Falih. Saudi Arabia’s energy minister gave an upbeat message to an audience of industry executives on Wednesday, saying the oil market was at the end of a downturn and producer action to limit supply would help it improve further. Khalid al-Falih also
UAE starts hiring for tax body ahead of value-added levy
The ministry is advertising about 30 staff positions for the tax authority on its website. The United Arab Emirates is hiring officials to set up a federal tax authority that will be in charge of collecting levies, as the Gulf nation seeks to diversify its revenue base with value-added taxation. The ministry is advertising about
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