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Read more informationBahrain to Implement Domestic Minimum Top-up Tax for Multinational Enterprises in 2025 Bahrain has announced the introduction of a Domestic Minimum Top-up Tax (DMTT) for multinational enterprises (MNEs), effective from January 1, 2025. This new tax aligns with the global tax reform led by the Organisation for Economic Co-operation and…
Read moreUAE to Submit New National Climate Plan Ahead of COP29 The United Arab Emirates (UAE) is set to release its updated Nationally Determined Contribution (NDC) under the Paris Agreement before the COP29 climate summit in November. This move makes the UAE one of the first major emitters to submit its…
Read moreAustralia Introduces New Privacy Laws to Criminalize Doxxing and Strengthen Personal Data Protection Australia is implementing new privacy laws that will criminalize doxing the act of publicly sharing someone’s personal information without consent. Under the proposed legislation, individuals found guilty of maliciously releasing personal data online with the intent to…
Read moreKey Amendments to Saudi Arabia's Labour Law Coming into Effect in February 2025 As part of Saudi Arabia's Vision 2030, the Ministry of Human Resources and Social Development (MHRSD) has announced amendments to the Labour Law, which will come into effect on February 18, 2025. These changes, approved by the…
Read moreNew Ownership Structures for Real Property in Dubai: DIFC's Revised Prescribed Company Regime On July 15, 2024, the Dubai International Financial Centre (DIFC) implemented significant amendments to the Prescribed Company (“PC”) regime under the updated Prescribed Companies Regulations 2024 (“PC Regulations”). These changes simplify and broaden the criteria for establishing a…
Read moreCouncil of Europe Opens World’s First Legally Binding Global AI Treaty for Signature On September 5, 2024, the Council of Europe opened the world’s first legally binding global treaty on artificial intelligence (AI) for signature in Vilnius, Lithuania. The Framework Convention on Artificial Intelligence, Human Rights, Democracy, and the Rule…
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