News developments Archives - Page 3 of 223

Sharjah: Introduces New Vehicle Impoundment and Towing Regulations

17/10/202517/10/2025
by Hannah Gutang

The Sharjah Executive Council has approved new regulations governing vehicle impoundment and towing services across the emirate.

Under the new framework, vehicle owners now have the option to pay a daily fee for early release of impounded vehicles, rather than serving the full impoundment period. The regulations establish specific timelines for when these daily fees begin, varying according to the type of violation.

The council has also implemented standardised towing fees and procedures for handling vehicles involved in accidents or requiring removal by authorities. The new system includes protocols for the rapid clearance of broken-down vehicles to maintain traffic flow and road safety.

Additionally, the council has ratified an agreement with taxi operators to establish unified operational standards across the emirate’s transportation network.

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Saudi Arabia: Reforms Accounting Law and Development Fund Regulations

17/10/202517/10/2025
by Hannah Gutang

Argaam, 14 October 2025: The Saudi Arabian Cabinet has approved significant amendments to two major financial frameworks: the Law of the Accounting and Auditing Profession and the operational regulations of the National Development Fund (NDF).

The approved modifications encompass both the professional standards for accountants and auditors, as well as revisions to the governing structure of the Saudi Organization for Auditors and Accountants. These changes establish new operational parameters for accounting professionals in the kingdom.

Simultaneously, the cabinet sanctioned updates to the NDF’s bylaws, marking a substantial revision to the fund’s operational framework. This follows the fund’s strategic restructuring initiated in March 2022, which positioned it as an integrated national financial institution.

The NDF has established specific financial targets through its network of development banks and affiliated funds.

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Qatar: Cabinet Approves New Limits for Small Business Tender Exemptions

17/10/202517/10/2025
by Hannah Gutang

Qatar Tribune, 9 October 2025: The Qatari Cabinet has approved changes to exemption limits for micro, small, and medium-sized enterprises (MSMEs) participating in government tenders.

The Cabinet also endorsed several international agreements, including: a mutual investment protection agreement with the Dominican Republic, membership in the WorldSkills Asia Organisation, a railway link agreement with Saudi Arabia and a development planning cooperation agreement with Kuwait.

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Oman: VAT Guidelines Issued for Firms Trading with GCC

17/10/202517/10/2025
by Hannah Gutang

The Arabian Stories, 13 October 2025: The Tax Authority has released new guidance detailing VAT procedures for Omani businesses engaged in regional trade with the UAE and other GCC nations, outlining specific measures to avoid double taxation.

The guidance presents two primary options for Omani companies purchasing goods from the UAE. Under the first option, businesses can arrange with UAE suppliers to treat transactions as export supplies, qualifying for zero-rated VAT status. This requires proper export documentation to comply with UAE tax regulations.

The second option addresses situations where VAT has already been paid, offering two recovery routes. Businesses can either obtain a credit note from their UAE supplier upon providing proof of export, or directly request a refund through the Business Visitor VAT Refund Form, provided they have no permanent establishment in the UAE.

The guidance outlines the documentation requirements and verification processes necessary for businesses to properly manage their VAT obligations. For export-related transactions, companies must maintain proper export declarations and supporting documentation to validate their zero-rated status claims.

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Kuwait: Justice Ministry Issues New Debt Collection Guidelines

17/10/202517/10/2025
by Hannah Gutang

Arab Times, 9 October 2025: Kuwait’s Ministry of Justice has implemented new regulations governing enforcement procedures for debt collection, following Kuwait Administrative Circular No. 26/2025.

Under the new guidelines, existing asset seizures and travel bans will remain in force even if debtors file initial objections to enforcement procedures. However, arrest warrants and subpoenas must be suspended once a valid objection is lodged, and any imprisoned debtors must be released.

The circular specifies that creditors may reinstate arrest procedures without proving debtor solvency if the objection is ultimately rejected or dismissed.

All enforcement judges, department directors, and supervisory staff across the General Administration of Enforcement and its regional branches are required to implement these new procedures with immediate effect.

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GCC: New Permanent Residency Schemes

17/10/202517/10/2025
by Hannah Gutang

The Daily Tribune, 14 October 2025: GCC countries have introduced comprehensive long-term residency schemes, expanding opportunities for foreign nationals to establish permanent roots in the region.

Under the new frameworks, each GCC nation has established distinct residency pathways. Saudi Arabia’s Premium Residency programme offers two options: an annual renewable permit for SAR 100,000 or a permanent residency for SAR 800,000. The scheme enables holders to live and work without requiring a sponsor.

Qatar has implemented a property-based residency programme, granting temporary status for $200,000 investments and permanent residency for $1 million investments. The processing time ranges from four to six weeks, with successful applicants gaining rights to work and sponsor family members.

Bahrain’s Golden Residency Visa provides a 10-year renewable permit for individuals meeting specific criteria, including property ownership valued at BHD 200,000 or a monthly income threshold of BHD 2,000 after five years of residence. Retirees can qualify with a monthly income of BHD 4,000.

Oman has introduced a tiered system through its Investor Residency Program, offering 10-year visas for OMR 500,000 investments and 5-year visas for OMR 250,000 investments. The programme includes provisions for retirees with fixed monthly incomes of OMR 4,000.

Each programme includes specific provisions for property ownership, business operation, and family sponsorship, with varying investment thresholds and eligibility requirements across different GCC states.

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DFSA: Launches Digital Application Platform

17/10/202517/10/2025
by Hannah Gutang

DFSA has introduced a new digital platform to accelerate regulatory approvals, responding to an 18% rise in licence applications during the first nine months of 2025.

Key Features of DFSA Connect: automated application processing, streamlined workflow system, online approval tracking, reduced manual procedures and AI-ready infrastructure.

Current Impact: 33% efficiency improvement expected, faster processing times and simplified authorisation process.

The platform handles: financial services authorisations, regulatory approvals, licence applications and compliance documentation.

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Bahrain: Introduces Strict New Building Controls with Maximum Fines

17/10/202517/10/2025
by Hannah Gutang

The Daily Tribune, 12 October 2025: Bahrain’s Parliament is considering sweeping new construction legislation that would give municipalities unprecedented enforcement powers and introduce fines of up to BD50,000 for building violations.

The draft law introduces immediate stop-work authority for municipal officers when safety risks are identified. Officials would be empowered to halt construction, demolish unsafe structures, and close hazardous buildings without prior court approval.

Under the proposed rules, all construction projects must obtain municipal permits before work begins, though minor works may be exempt with advance notice. Licensed engineering offices must oversee all major developments, with large projects requiring on-site resident engineers. Also strict compliance with approved designs and safety standards and comprehensive accessibility provisions for disabled persons.

The legislation establishes a streamlined permit system through municipal ‘one-stop shops’ where applicants can secure all necessary approvals within fixed timeframes. Private sector firms may be authorised to handle permit processing, inspections, and certification services, with costs borne by applicants.

Municipal officers would gain authority to conduct both external and internal building inspections, with the option to obtain judicial warrants if access is refused.

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Abu Dhabi: Implements New Biodiversity Protection Framework

17/10/202517/10/2025
by Hannah Gutang

Abu Dhabi has introduced comprehensive biodiversity legislation through Abu Dhabi Decision No. 6/2025, establishing new protocols for environmental conservation across the emirate.

The decree outlines specific measures for protecting both terrestrial and marine ecosystems. The Environment Agency – Abu Dhabi (EAD) has been designated to oversee the implementation of these new regulations, working in coordination with relevant government entities.

Under the new framework, systematic procedures will be introduced to monitor and analyse the impact of conservation efforts. The policy specifically addresses habitat protection, species preservation, and the restoration of natural ecosystems across Abu Dhabi’s varied landscape, which includes coral reefs, mangrove forests, sand dunes, and mountainous regions.

The legislation establishes regulatory mechanisms for environmental protection and introduces nature-based solutions for habitat preservation. It has been developed in collaboration with government agencies and private sector institutions to ensure alignment with existing national policies.

The new measures take into account current environmental challenges, including habitat degradation and climate change impacts. The policy sets out specific requirements for protecting marine, coastal, and terrestrial ecosystems, with clear implementation timeframes and monitoring protocols.

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UAE: Issues First Drone Traffic Management Licence

10/10/202510/10/2025
by Hannah Gutang

Gulf News, 3 October 2025: The United Arab Emirates has reached a significant milestone in drone regulation with the issuance of its first U-Space Service Provider (USSP) certification to a national air navigation organisation.

The approved organisation will operate a specialised platform for managing drone traffic throughout the UAE airspace. The system offers immediate flight approvals and incorporates radar data, weather information, and aeronautical notifications.

The newly certified platform features advanced conflict detection and avoidance capabilities, designed to support future urban air mobility operations across UAE cities.

Officials confirmed that the certification process included comprehensive operational readiness assessments and system validations to ensure compliance with international standards.

Applications for drone operations under the new system will span various sectors, including delivery services, emergency response, and infrastructure inspection.

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