Aluminium production and exports across the GCC have come under pressure in recent weeks as disruption to shipping through the Strait of Hormuz, linked to escalating regional tensions, affects the movement of raw materials into the region and finished metal out to international markets. The route sits at the center of the Gulf’s aluminium system,Continue reading “GCC Aluminium Sector Faces Disruption As Producers Adjust Strategy”
Author Archives: Christos Giannakopoulos
Saudi Arabia to formalise exemptions to Regional Headquarters requirement for government contracts
Saudi Arabia has recently announced its plans to formalise a structured exemption framework to its Regional Headquarters (RHQ) requirement, aligning with evolving SA RHQ requirements and allowing government entities to award government contracts to foreign companies without a regional headquarters in Saudi Arabia under defined competitive and technical conditions. The rule introduced in 2024 remainsContinue reading “Saudi Arabia to formalise exemptions to Regional Headquarters requirement for government contracts”
Establishing a Dairy Production Facility in Bahrain: Key Considerations
Arla Foods recently announced an investment of over USD 60 million to expand its dairy production facility Bahrain at the Bahrain International Investment Park (BIIP). The Bahrain facility, located within the Bahrain International Investment Park, is already the company’s largest production site outside Europe, and the expansion is designed to significantly increase production capacity, output,Continue reading “Establishing a Dairy Production Facility in Bahrain: Key Considerations”
Electronic Invoicing in the UAE
Legal Requirements, Deadlines & Practical Compliance Guidance The United Arab Emirates is moving towards mandatory electronic invoicing as part of its broader tax transparency and digital transformation strategy. This initiative is led by the Ministry of Finance in coordination with the Federal Tax Authority (FTA). The reform will significantly change how businesses issue, exchange, reportContinue reading “Electronic Invoicing in the UAE”