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What are the latest trends in moving Dubai residents?
Image Credit: Supplied ServiceMarket, Dubai’s most popular platform for home services ranging from cleaning, moving to pet grooming, recently conducted detailed research on moving trends in Dubai, comparing move-in demands from 2022 to those of 2021, during the first quarter, that is to say from January to March. The study aims to analyze the year-over-year …
Majority shareholders of Arm China announce that the company’s corporate governance issue has been resolved
BEIJING & CAMBRIDGE, UK & TOKYO–(BUSINESS WIRE)–Arm Ltd, HOPU Investment and SoftBank Group, acting in their capacity as direct and indirect shareholders holding a majority stake in Arm China, announce that the company’s long-standing corporate governance issue has been resolved at following a unanimous vote by Arm China’s board of directors. In full compliance with …
Tax incentives for research and development (R&D) – Corporation tax
To print this article, all you need to do is be registered or log in to Mondaq.com. As we begin to adapt to new market conditions and have witnessed a significant shift in business primarily due to greater adoption of new technologies and changing market demand, people should consider and explore the use of research …
Infusion Group celebrates its successes with an iftar party in Dubai
An iftar event hosted by Infusion Group Dubai took place last week at the Sheraton Dubai Hotel, Mall of Emirates. Guests from Turkey, Saudi Arabia and Kuwait had made a special effort to attend this prestigious event, with several key players in the energy industry eager to learn about the progress of Infusion Group, and …
IFS achieves exceptional performance in the first quarter
The company continues to report growing demand for its cloud technology, resulting in a 67% year-over-year increase in cloud revenue despite market challenges and geopolitical disruptions. Throughout 2021 and into 2022, the company also steadily increased its recurring revenue as a software revenue share to 92% in the first quarter. This exceptional performance allows IFS …
Overall minimum corporate tax rate
MEPs on Thursday broadly endorsed the Commission’s proposal transposing into law the international agreement on a global minimum corporate tax rate of 15%. The report, written by Aurore Lalucq (S&D, FR) was adopted by the Committee on Economic and Monetary Affairs by 46 votes for, 4 votes against and 7 abstentions. It agrees with the …
Salah Bukhatir leads prayers during Ramadan nights
The Bukhatir Group is one of the most diversified business enterprises in the UAE, with business verticals ranging from contracting, development, education, industry, sports and leisure, as well as commerce and services. The spearhead of the conglomerate is its chairman, Salah Bukhatir, a visionary business tycoon who has successfully run subsidiaries of the group for …
CFI welcomes Pep Guardiola as global brand ambassador
CFI Financial Group, a leading provider of online trading services, has announced a new partnership with Spanish soccer legend Pep Guardiola. The popular football figure, considered by many to be one of the greatest football managers of all time, will be the new global brand ambassador and face of CFI. The partnership with Guardiola will …
FirstEnergy making progress on corporate culture overhaul, regaining investment grade rating, officials say
Diving Brief: FirstEnergy, a company spun off from a corruption scandalis making progress in overhauling its corporate culture and is on track to regain an investment-grade credit rating, company officials told analysts on Friday. FirstEnergy had three “really good meetings” with rating agencies this month to discuss the company’s transformation and efforts to improve its …
Bryant University Women’s Summit looks at changing corporate culture
Patricia Andreu | Journal Special According to Virginia “Ginny” Clarke, the business world is changing. Clarke, the founder of a talent and leadership consultancy, isn’t just talking about the more flexible workplace precipitated by the COVID pandemic. She sees a seismic shift in the very constructs of corporate culture, where women – and other underrepresented …
The return of geopolitics to corporate governance – Company law/commercial law
In an article published a year ago aiming to situate the prevailing trends in corporate governance for Canadian corporate directors, this blog noted that “there is a torrent of deeply important issues facing society in our time, many of which resemble real crises… [A]As pressures increase on corporations to respond to external crises, directors of …
“Have we wasted a corporate tax boom?”
Sir, – Eoin Burke-Kennedy is, I think, quite correct in suggesting that the recent corporate tax fallout should be seen as Ireland’s version of Norwegian North Sea oil (Business, Opinion, 18 april). But I think it’s instructive to bring the UK into the conversation. The North Sea oil boom of the 1980s produced huge windfall …
BRANDS offer high-end suits on anniversary sale
BRANDS is celebrating its 18th anniversary this year with an unprecedented sale on its premium suits starting April 22, 2022, across all its branches in the United Arab Emirates. The men’s fashion chain which oversees around thirty stores has announced an attractive offer on its six flagship brands: DKS, Jack Morgan, Francisco Tolli, Mosaïque, Binnino …
6 Long-Term Benefits of Using Original Cartridges Over Clones
It’s time to talk about why using original cartridges rather than clones is so vital. This is something everyone should be aware of, especially representatives of small and medium-sized businesses: choosing clones can lead to significant losses. 1. If you’re a business person who needs to make presentations to key clients on location, or a …
Thunder Mountain Gold Announces Corporate News
Boise, Idaho–(Newsfile Corp. – April 15, 2022) – Thunder Mountain Gold, Inc. (OTCQB: THMG) (TSXV: THM) (the “Company” or “THMG”) announces that Joseph H. Baird is stepping down from the Board of Directors. Eric T. Jones, President and CEO of Thunder Mountain Gold Inc., said, “I want to thank Joe for his tireless efforts to …
Diversity improves corporate culture and service delivery
(Image courtesy of Diversity Works New Zealand) April is celebrated as Diversity Month. We have heard the word “diversity” in our workplace, at school, at home and in the community. The concept of diversity encompasses acceptance of different cultures while building respect for one another to help support a better community. Understanding Diversity This means …
TD CEO says federal government corporate tax hike could have ‘unintended consequences’
The chief executive of the Toronto-Dominion Bank said the increase in the corporate tax rate targeting financial institutions announced in last week’s federal budget “could have unintended consequences.” At the bank’s annual shareholders’ meeting, chief executive Bharat Masrani said the federal government had chosen to “target” the Canadian banking sector with this measure. The Liberals’ …
UAE metaverse pioneer BEDU officially launches operations in Dubai
“We were born in the United Arab Emirates, but global in our vision for the next iteration of humanity’s shared digital world. We are the leader in the blockchain space – a gateway to the metaverse for the United Arab Emirates and the region Together with our customers, we will build a new virtual economy …
Corporate Tax Reduction for Mobile Operators: BTRC Chairman
The government should heed operators’ demand for drastic corporate tax cuts as mobile operators need to continue to invest heavily to keep up with rapidly changing technology, said Shyam Sunder Sikder, Chairman of the Bangladesh Telecommunications Regulatory Commission. There is a certain logic behind their demands and transparency must be ensured in the tax structure …
Corporate tax revenues and federal tax collections hit record highs
After corporate tax revenues hit a record high of $372 billion in fiscal year 2021, we look forward to the fiscal year 2022 forecast, which the Congressional Budget Office (CBO) normally releases in January but now planning for the week of May. 23rd. The White House included a forecast in its annual budget, predicting that …
Celebrate the spirit of unity with Shangri-La Dubai
Enjoy an unforgettable Iftar or Suhoor on the magical city skyline Image Credit: Supplied This Ramadan, we invite you to share the joy and flavors of the holy month with your loved ones. From delicious meals to be enjoyed in the comfort of your own home, to intimate Iftar and Suhoor experiences under our care, …
Corporate tax in the Kingdom of Bahrain: fiction or reality? – Tax on multinational companies
By Raman Ohri, Direct Tax Manager, Keypoint, Bahrain More than 140 countries, including the Kingdom of Bahrain, have committed to promoting international tax transparency by implementing certain minimum standards. In 2021, the Organization for Economic Co-operation and Development (OECD) set a global minimum tax rate of 15% on global profits for large multinational entities (MNEs), …
Facility managers should be seen as guardians of corporate culture
The pandemic has irrevocably changed the way we work. Once seen as just a workplace, the office is quickly becoming a “lifestyle choice” among young people who value more than just a desk. Instead, they want an engaging, healthy, and resilient work environment where they can socialize, make friends, and make connections to help their …
The ‘rotten corporate culture’ responsible for Carillion’s downfall
Carillion’s board presided over a ‘rotten corporate culture’ and was both ‘responsible and guilty’ for its catastrophic demise, concluded a report by two influential parliamentary committees which was released today. The Joint Work and Pensions and Business, Energy and Industrial Strategy (BEIS) Boards’ final report into the Carillion collapse attributed much of its failure to …
The Sudatel Group announces a major improvement in its financial results
After the major currency devaluation at the beginning of 2021, the Sudanese operation under the Sudani brand generated a turnover of 140 million dollars. Furthermore, it has been observed that the Sudanese revenue is growing faster than the mobile phone market in Sudan. Combined with the operational transformation that was undertaken with better controls and …
Legal experts call on Biden to release corporate tax returns
On Wednesday, legal experts called on President Biden to release corporate tax returns representing more than $13 million in revenue he and first lady Jill Biden reported to the IRS between 2017 and 2019, between his terms as president. vice-president and commander-in-chief. George Washington University law professor Jonathan Turley said that while there is “no …
‘Fit for Purpose’: PJC Report Gives ASIC’s Corporate Governance Framework the Passing Mark
The latest report from the Parliamentary Joint Committee on Companies and Financial Services to the Australian Securities and Investments Commission (ASIC) concludes that the regulator’s corporate governance framework is now ‘fit for purpose’ and flatly rejects the suggestion that an external advisory board is needed. The Joint Parliamentary Committee on Corporations and Financial Services has …
Vertex Events Hosted a Successful Blockchain Summit in Dubai
Pushkin Agha, CEO of Vertex Events received a Golden Ticket Image Credit: Supplied Vertex Events Dubai hosted a 3-day blockchain summit in Dubai. The inaugural ceremony was held on February 15 at Expo 2020 Dubai, India Pavilion, while the two-day summit was held at the Grand Hyatt Hotel on February 16-17, 2022. Vertex Events Dubai …
Poland blocks EU directive to implement global corporate tax deal – EURACTIV.com
Poland on Tuesday (April 5th) vetoed a compromise proposal for an EU directive that would implement the internationally agreed minimum effective tax rate of 15% for large multinationals. With its veto, the Polish government thwarted the aim of the French EU presidency to reach an agreement before the presidential elections in France. Poland was the …
HUR workshop encourages women to prioritize self-care
Noha Kadora-Haddad, founder of NK Holistic Wellbeing, a company specializing in managing mental health and related issues, opened the session. Noha spoke about the connection between mental, emotional and physical well-being and the importance of identifying and understanding the root cause of any distress. She also shared insights into holistic approaches that can be used …
Sterling ‘One Woman’ partners with Society for Corporate Governance Nigeria for IWD celebration – TheCitizen
As part of this year’s International Women’s Day (IWD) commemoration activities themed “Breaking Down Bias”, Sterling Bank has partnered with the Society for Corporate Governance, a non-governmental organization (NGO), to educate female professionals and other executives on how they can become active and effective board members as part of this year’s International Women’s Day (IWD) …