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Regulation
Disputes over Lebanon’s Banking Restructuring Law persist as draft clears committee
A single article on barring shareholders from recapitalization is where the banks’ clout meets the…
Jabal Omar lists 400+ Mecca units as Saudi’s foreign property ownership rules take effect
Jabal Omar is first out of the gate after Saudi opened property ownership to foreigners…
Lebanon proposes golden visa to lure in capital, but will investors trust broken banks?
The USD 500k tax residency proposal sparks immediate money laundering concerns, threatening to derail Lebanon’s…
Inside Tunisia's new wealth tax: A progressive levy with no clear path to enforcement
The new tax is similar to the 2023 version, which was narrower and only applied…
Legislation
Taxation
Lebanon scraps import fee hike weeks after introducing it amid price pressures
The scrapped fees come despite Beirut’s fiscal position deteriorating
Egypt pushes tax changes on natgas + revives stamp tax to shrink financing gap
The government is hoping to hit a record tax revenue target this fiscal year
Public policy
Widest protests since Assad’s fall put Syrian government fuel price hike on trial
Damascus is trying to close a USD 1 bn budget hole, and is reaching for…
Iraq sentences power distribution executive to seven years over illicit gains
It’s the latest conviction in a corruption campaign that has detained more than 210 suspects,…
Kuwait looks to Future Generations Fund for liquidity amid war headwinds
The government passed a decree that allows it to borrow from the Future Generations Fund,…
Kuwait bans cash payments for real estate, gold, and precious stones transactions
PLUS: Syria restarts two natural gas wells in Deir Azzor