Bahrain: Law issued on double taxation deal with UAE
Bahrain - His Majesty King Hamad ratified and issued a law approving the agreement between Bahrain and the UAE on eliminating double taxation on income taxes and preventing tax evasion and avoidance.
The law was enacted following its approval by the Shura Council and Parliament. The agreement, attached to this law, was signed in Dubai on February 11, 2024.
His Majesty ratified and issued another law on the approval of the Digital Co-operation Organisation Charter, following its approval by the Shura Council and Parliament. The charter, attached to this law, was signed in Manama on November 23, 2020.
The Prime Minister and ministers, each in their capacity, shall implement the provisions of this law, which shall take effect the day after its publication in the Official Gazette.
The King also issued a decree amending Article One of Decree (17) of 2021 on the restructuring of the Finance and National Economy Ministry, based on the proposal of the Finance and National Economy Minister and following the approval of the Cabinet.
The decree stipulated that a new clause (5) shall be added to paragraph (D) of (5th) in Article One of Decree (17) of 2021 on the reorganisation of the ministry, as follows: '5- A number of human resources and financial directors shall be designated according to their appointment and transfer mechanism to undertake the tasks of shared financial services in government entities.'
Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
19 hours ago
- Al Etihad
Ajman CP issues Emiri Decree on service fees, violations for Department of Land and Real Estate Regulation
9 June 2025 15:31 AJMAN (WAM) His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council has issued Emiri Decree No. 9 of 2025 concerning service fees, violations, and fines applied by the Department of Land and Real Estate Regulation - Emiri Decree is part of Ajman's broader efforts to modernise the legislative environment governing the real estate sector and enhance its efficiency in line with the emirate's economic and regulatory the decree, the Department of Land and Real Estate Regulation shall collect the determined service fees, detect and document violations, and collect the specified fines—without prejudice to any harsher penalty stipulated in any other text or provision contained in any other legislation shall be revoked to the extent that it conflicts with the provisions of this Decree. The Decree shall come into effect 60 days from its issuance and shall be published in the Official Gazette.


The National
4 days ago
- The National
Lebanon's new government wins praise for first 100 days but there is a long road ahead
It is vital to look both ways now when crossing Riad Al Solh, a street in downtown Beirut between the parliament and the Grand Serail. In a highly secured zone, for years the only vehicles allowed through were those belonging to Lebanon 's military forces, MPs and the convoy of parliament speaker Nabih Berri racing to attend sessions. Now Riad Al Solh resembles a busy street again, as cars and motorbikes jostle for space. The area was closed off in 2019 amid a wave of anti-government protests, and concrete barriers were erected. While the wall was pulled down in 2022, restrictions still applied in the once-vibrant area that in recent years resembled a closed off fortress. The decision to reopen the area in a bid to restore life 'in the heart of the capital' was taken by Prime Minister Nawaf Salam and his new government, which came in following the election of President Joseph Aoun in January. It may seem like an almost inconsequential move in a country that already had such deep-seated problems even before Israel's war last year reduced vast swathes of Lebanon to rubble. But it was a step by the country's new leaders seeking a break from the past and trying to rebuild trust with a population reeling from economic crises, deep divisions, corruption and weak governance. Elected to fanfare, and led by the mild-mannered former ICJ head judge Mr Salam, how is the government performing 100 days after the cabinet gained parliament's confidence? 'It's not about being flashy' Diplomats and humanitarian officials have praised the government's practical steps in the face of the mighty tasks ahead. Multiple western diplomatic sources said they were optimistic about the Lebanon's new government and its genuine effort to make reforms, despite the pressure on it. 'It's not about being flashy,' said a senior humanitarian official in the country. 'It's about good realistic governance.' The source spoke of an increased climate of trust when dealing with the new government compared to its predecessor. 'It does have accomplishments it can be proud of,' Karim Bitar, a professor of international relations at Beirut's Saint Joseph University, said. He cited breakthroughs in the Beirut blast investigation, new appointments to the judiciary, the successful holding of municipal elections, including in areas where Israel continued to bomb, as well as the passing of a banking secrecy law and progress on reforms demanded by the International Monetary Fund to secure a $3 billion loan. The investigation into the 2020 Beirut port blast had been stalled by repeated legal impediments. Now it has not only resumed but the lead investigator has had his powers, which had been stripped by his own boss, fully restored. 'It seems the prosecutor is satisfied with the conditions under which he can act,' a senior government official told The National last month, noting that the investigation had resumed weeks after the arrival of a new government. The Lebanese Army has increased its deployment in south Lebanon as required by the Hezbollah-Israel ceasefire deal last year. Despite that, Israeli attacks on the south continue and they remain entrenched in five points of Lebanese soil. The humanitarian source gave the example of education as a sector that has long been underfunded and reliant on foreign aid. New operating procedures allow the monitoring of teacher and student attendance and the financial management of schools. Small steps admittedly, but this helps to improve confidence in institutions and allows for a stronger argument for investment in a sector long reliant on donors. The basic salaries of teachers have also been increased. While still less than before the economic crisis hit, the current pay level is more sustainable and not fuelled by ad hoc short-term measures, the source said. Daunting task ahead But while there is optimism and some progress, the task ahead is daunting. Hezbollah remains very much armed and a potent threat, despite the push to constrain it. Israel continues to bomb south Lebanon daily and occupy five points. On Thursday night, Israel sent thousands celebrating Eid Al Adha in Beirut's southern suburbs fleeing when it carried out multiple air strikes on the area. And there is no reconstruction plan for a country which needs at least $11 billion to rebuild. The reality is that 100 days are not long enough to undo so many years of damage, especially for a country whose economic crisis in 2019 was blamed on decades of financial mismanagement and corruption by the ruling elite. Gone are the heady days of 2018 when annual GDP was around $55 billion. Now it is less than half that. The billions of dollars of depositors' savings are still stuck in banks with no real plan to recover them. In the autumn, a major investor conference will take place in Beirut, where its hoped that international players will be shown that 'Lebanon is back in business'. But in a country where the effects of disastrous financial mismanagement, corruption and deep rotted instability are constantly felt, how can those from the largest institutions to the smallest business owner be convinced? 'There is no easy answer,' Economy and Trade Minister Amer Bisat told The National. He left his job in New York as the global head of emerging markets at the world's largest asset manager BlackRock to take up his cabinet role this year. 'We have to be realistic, there is no button we can push to go back. It's thorny and complicated.' Observers are also cautious. While progress is promising, it has been slow in some areas or non-existent in others. Crucially, with parliamentary elections only a year away, the cabinet has only around 12 months of its mandate left. 'Definitely the government is trying to do its job, it's arguably one of the best governments [in recent years],' said Prof Bitar. 'However, this government has a life expectancy that is relatively short.' While the senior humanitarian source was full of praise for the new ministers, they conceded that the deep-rooted state bureaucracy is still a nightmare. Bold, almost vague, promises by Mr Salam to finally implement the 1989 Taif Accord and respect the constitution have not happened. So while the government could be remembered as one that made important changes, it is one that has only so much time left. There are no guarantees Mr Salam will be Prime Minister after next year's elections. However, it is likely the traditional ruling parties will still be represented in parliament, and there are no guarantees that the well-intentioned steps this government has taken will be continued. 'I don't think that small and quick steps will bring back the confidence of investors,' said Mr Bisat. 'What will bring it back will be that investors know we are fixing these issues. 'I am certain of that, I am certain that if we do our jobs and [meet our] obligations, we will be able to bring the economy back. But we need to convince investors we are doing our homework. 'The good news is we've started, especially through the working plan that the Prime Minister, President and government has put forward of how we will address these files.'

Zawya
4 days ago
- Zawya
Uganda: 11th Parliament Begins Final Session with Spotlight on Legislative Legacy
The 11th Parliament on Thursday, 05 June, 2025 entered its final session, with Speaker Anita Among declaring the House a 'people-centred legislature' that will leave an indelible mark on the country's governance and development landscape. Speaking during the opening of the fifth session held at Kololo ceremonial grounds, Speaker Among delivered a message of resolve and pride, highlighting an ambitious legislative record and the Parliament's expanding role in national affairs. She said that Parliament will continue to prioritise the agenda of the Executive. 'Today marks the beginning of the final year of the 11th Parliament. I will state without any fear of contradiction that this Parliament has been the epitome of the people-cantered legislature,' she said. AUDIO: Speaker Anita Among In the past year alone, Parliament held 75 plenary sittings, passed 35 bills, concluded three petitions, adopted 53 reports, and passed 45 resolutions. Among described the output as 'outstanding,' noting its responsiveness, efficiency, and legislative weight. Among the bills passed were major reforms touching nearly every sector education, agriculture, infrastructure, labour, and tax policy. The Appropriation Bills 2024 and 2025, the Higher Education Students Financing (Amendment) Bill, and the Uganda People's Defence Forces (Amendment) Bill were singled out for their strategic national importance. 'These laws are intended to foster private sector growth, rationalise pension management and improve service delivery,' she said. Among also noted a symbolic moment of the 11th Parliament's term as being its historic regional sitting in Gulu City which she described as a landmark in civic engagement. 'During the fourth session, the Parliament of Uganda held its first ever regional sitting at Kaunda Grounds in Gulu City… We take this opportunity to thank you for gracing the opening of that historic sitting,' she said. The session addressed issues specific to Northern Uganda and involved direct community engagement, signalling a potential new model for inclusive governance. Among acknowledged turbulence along the way including the deaths of two sitting MPs, Hon. Sarah Mateke and Hon. Muhammad Ssegirinya. Speaker Among also announced that at least eight MPs had crossed party lines in recent months, most notably from the opposition National Unity Platform and Forum for Democratic Change to either the ruling National Resistance Movement or the newly formed Democratic Front. 'We wish the members well in the exercise of their freedom of association as prescribed in Article 29 of the Constitution of Uganda, which we so do uphold,' she noted, hinting at the pre-election realignments beginning to shape the political landscape. As Uganda prepares for general elections in 2026, the Speaker closed with a commitment to national transformation. 'We undertake that the fifth session will remain steadfast in effectively executing its mandate in furtherance to the national Vision 2040 that aims in transforming Uganda into a modern and prosperous nation within 30 years,' she said. Distributed by APO Group on behalf of Parliament of the Republic of Uganda.