On 12 May 2014, the Cabinet of the United Arab Emirates approved for ratification the protocol amending its pending treaty with Greece. The treaty was signed 18 January 2010 and the protocol was signed 7 June 2013. Both the treaty and the protocol were ratified by Greece in February 2014. The main amendments of the protocol include: An increase in the withholding rate on royalties from 5% to 10% Replacement of Article 25 (special provisions) with a new article on income from hydrocarbons and natural resources The treaty and protocol will enter into force when the ratification instruments of both...