Asus unveils the new Zenbook 2022 range
Image Credit: Supplied Asus has unveiled its all-new 2022 lineup of high-performance Zenbook Pro and Zenbook S series laptops at an online launch event called The Pinnacle of Performance. The new Zenbook Pro and Zenbook S portfolios include standard, convertible and dual-display laptops ranging from 13-inch to 17.3-inch, all featuring a modern new design and …
GCG ranks PDIC ‘outstanding’ in corporate governance scorecard during pandemic year
the Governance Commission for Government-Owned or Government-Controlled Companies (GCG) recently recognized the Philippine Deposit Insurance Corporation (PDIC) as one of the top bureaucracy GOCCs with an “outstanding” rating in the Corporate Governance Scorecard (CGS) implemented by GGC for 2020. The annual assessment through the CGS aims to determine the corporate governance performance of the GOCCs …
Renee Supermarket is now open in Dubai’s Jumeriah Village Circle
Customers will find a range of international products in the newly opened Dubai Supermarket, including fresh fruit, vegetables, meat, bakery, rice, juices, ice cream and gluten-free and gluten-free milk options. dairy products. For customers on the go, there are ready-to-eat cut fruits of the day, snacks, chocolate, protein bars, and keto cookies readily available. To …
SeaBubbles presents its flying capsule at the Future Innovation Summit
With common goals, Seabubbles and space capsules must pack the highest energy density with efficient motors in the lightest possible weight in order to defy gravity and fly. The Future Innovation Summit is held at the Meydan Hotel on May 11-12 for two days of in-depth exploration of various topics such as NFTs, climate change, …
Scope and Overview of Corporate Governance Services Market to Grow with Increased Global Focus on Industrialization 2028
A new study on the Corporate Governance Services Market makes a detailed assessment of current opportunities, upcoming revenue areas, and current and projected valuations of various market segments, assessing the economic impact of COVID-19. Assessments that span multiple pages include identifying key growth drivers, restraining factors, key revenue growth trends, and avenues ahead. The global …
Corporate governance: inflation and the Fed
It was the Fed’s policy playbook: Help Republicans Win and Keep Power. Fed Chairman Jerome Powell was named Fed Chairman by Trump and then reappointed by Biden. Jerome Powell, when asked by Senator Warren about companies that are raising prices and making record profits, replied: “Because they can”.1 And an example of what corporations do …
City Hive launches corporate culture standard to counter diversity greenwash
Launching a new framework to create cultural change and enable professional fund buyers to drive a movement towards more diverse, equitable and inclusive businesses By signing up, investment management firms can effectively communicate their progress to all stakeholders, including retail fund buyers. Founding signatories include Schroders, Legal & General IM and Aviva Investors – the …
European stocks up; Positive Corporate News Boosts Sentiment By Investing.com
© Reuters. By Peter Nurse Investing.com – European stock markets traded higher on Tuesday, rebounding from a broad sell-off as investors search for bargains, although the combination of rising interest rates and slowing economic growth continues to cause concern. As of 04:10 ET (0810 GMT), Germany was trading down 1.5%, France 1% and Britain 0.7%. …
PPG shareholders vote to improve corporate governance and eliminate supermajority voting requirements
PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today resumed its adjourned annual meeting virtually at which shareholders voted to amend the company’s articles and bylaws to replace supermajority voting requirements. PPG’s Board of Directors had recommended that shareholders vote “FOR” the proposal, improving PPG’s corporate governance practices. “We are proud that our shareholders voted to replace supermajority voting requirements, …
Tricia Nicholas Makes Her Mark in Corporate Governance | Arts & Hobbies
Since 2005, Tricia Nicholas’ love for corporate governance has grown. Corporate governance is a system by which companies are directed and controlled. For Tricia, her experience and legal training make her the ideal candidate for this position. She joined Dolla’s financial services team as a paralegal and executive assistant in June 2020. In January 2021, …
Ontario Auditor General Finds Corporate Tax Estimates in Budget’s Three-Year Fiscal Plan Too Low and Contingency Funds Too Conservative
TORONTO, May 2, 2022 /CNW/ – The Auditor General is required by the Tax Sustainability, Transparency and Accountability Act 2019 examine the multi-year budget plan in a Ontario budget before a provincial election. The multi-year fiscal plan presented in Ontario’s 2022 Budget presents a reasonable forecast of the province’s finances for the next three years, …
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 …
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 …
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 …
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 …
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 …
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) …
Waypoint REIT: 2021 Corporate Governance Statement and Schedule 4G
ASX version March 30, 2022 The director Market Announcement Office Australian Securities Exchange Electronic filing Corporate Governance Statement and Appendix 4G Publication of the attached materials has been authorized by the Board of Directors of Waypoint REIT. For more information, please contact: Tina Mitas VScompany secretaryWaypoint REIT T +61 3 908 18433 E [email protected] About …
The new Technogym in Dubai
TECHNOGYM, the world’s leading brand of digital equipment and services for fitness, sport and health, present in the Emirates for more than 20 years, announces the opening of the new store and the Technogym Experience Center in Dubai, located in Jumeirah Beach Road near Burj Al Arabe in an exclusive shopping and luxury area. The …
Federal budget 2022-23: corporate tax
The government has included in this year’s budget a number of targeted corporate tax measures that aim to provide tax relief to businesses, support job creation and improve the skills base of employees. . There are also a number of technology concessions, including the expansion of the concessional patent box regime and concessional measures under …
The US Treasury refines its proposal to apply a global minimum corporate tax of 15%
The US Treasury on Monday proposed a new mechanism to comply with and enforce a global minimum corporate tax of 15% agreed last year by 136 countries, in part by denying deductions for taxes paid in lower-rate jurisdictions. The new undertaxed profit rule proposed as part of President Joe Biden’s fiscal year 2023 budget plan …
The US Treasury proposes a new plan to apply a global minimum corporate tax of 15%
The US Treasury on Monday proposed a new mechanism to comply with and enforce a global minimum corporate tax of 15% agreed last year by 136 countries, in part by denying deductions for taxes paid in lower-rate jurisdictions. The new undertaxed profit rule proposed as part of President Joe Biden’s fiscal year 2023 budget plan …
Turkish parliament to debate corporate tax hike in financial sector
ANKARA, March 28 (Reuters) – Turkey’s parliament will start debating this week a bill that would increase corporate tax on financial sector companies from 20% to 25%, and possible prison sentences for damage to the reputation of media companies. President Tayyip Erdogan’s ruling AK Party introduced the 39-article bill to parliament on Friday evening and …
The Crossing presents its new Ramadan menu
Recently opened fine dining restaurant, The Crossing, has announced that it will be offering a special four-course menu throughout the holy month of Ramadan. Celebrating the diversity of this Indian subcontinent, the restaurant has organized two set menus priced at Dh175 per person and Dh130 per person that diners can choose from (apart from the …
Corporate Tax in the UAE: Key Things to Consider
As has been widely publicized in recent weeks, the United Arab Emirates has announced that it is introducing a federal tax on corporate profits. Given that the country has built a remarkable landscape with minimal taxation, the announcement represents a major (if not quite surprising) change in the way businesses will operate in the UAE. …
Bernie Sanders floats 95% on corporate tax targeting top US corporations
(Bloomberg) — Senator Bernie Sanders is proposing to tax certain profits of America’s largest corporations up to 95% in a new bill that would seek to collect more revenue from America’s largest corporations, including JPMorgan Chase & Co. and Chevron Corp. ., who earn more than before the pandemic and the war in Ukraine. “We …
Alghanim Drives Information-Driven Cross-Brand Marketing with Algonomy’s CDP
Strong points Multi-brand conglomerate leverages AI-powered real-time decision-making to personalize omnichannel shopping experience Multi-brand conglomerate leverages AI-powered real-time decision-making to personalize the omnichannel shopping experience Alghanim, one of the largest retailers in the Middle East region, has moved from generic communication to intelligent behavioral targeting by leveraging a customer data platform (CDP). The CDP solution, …
Emergent BioSolutions Provides Corporate Governance Update | 2022-03-23 | Press Releases
Zsolt Harsanyi, Ph.D. Appointed Chairman of the Board Keith Katkin named to board Eliminates the role of executive chairman Appoints new Chairs of the Audit, Strategic Operations and Scientific Review Committees GAITHERSBURG, Md., March 23, 2022 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE:EBS) today announced that its Board of Directors (the ”Board) has undertaken a …
Plugin Hybrid Hackathon for IT Developers on March 27
From any perspective, by organizing this hybrid hackathon, the organizers aim to create unique opportunities for IT developers around the world and explore new ideas on Blockchain technologies. Registration is open to participants who are invited to register individually or as a team. To make it more lively, Hackathon participants will have a whole day …
Corporate culture the secret sauce?
Muscat – Post-COVID corporate culture and its many challenges – from the great resignation that has swept global companies of all sizes to hybrid working and more – is the topic of discussion at the next edition of Tejarah Talks. Organized by the Ministry of Trade, Industry and Investment Promotion (MoCIIP) in association with Oman …
Al Thuriah launches a new residential project in Al Mamzar
Furnished with Al Thuriah’s stylish brand and design technology, Sharjah Terraces is comprised of a ground floor, 5 parking floors, a health club floor, 33 typical residential floors and a technical floor. Sharjah Terraces will house 132 exquisite three and four bedroom apartments which have been carefully designed to offer spacious living areas coupled with …
IRAS introduces new frameworks to help businesses manage corporate tax and GST issues
SINGAPORE: The Inland Revenue Authority of Singapore (IRAS) has introduced two new tax frameworks to help businesses manage corporate tax and goods and services tax (GST) issues, it said Friday 18th March. The Tax Governance Framework and the Tax Risk Management and Control Framework for Corporate Income Tax will help businesses “strengthen tax compliance”, IRAS …
Wonder Bakery opens a 62,000 square foot. food manufacturing facility
The new 62,000 square feet. installation in the industrial city of Dubai will create 350 jobs, facilitating economic growth and employment in the region. Wonder Bakery currently supplies its products to hotels, restaurants, supermarkets, airlines and other F&B businesses. Wonder Bakery will continue to invest in new equipment and infrastructure over the next two years …
Empowering the Retail Shareholder: Fintech as an Enabler of Corporate Governance
The Capital Markets Union (CMU), the flagship of the EU, is centered on engaging retail investors and therefore the European regulatory community ensures that end shareholders have the opportunity to exercise their voting rights. Retail investors represent a major source of potential capital and liquidity for IPOs and subsequent equity offerings, especially for small and …
Rado opens a new store in Dubai
RADO has opened its sixth boutique in the United Arab Emirates on Al Fahidi Street at Meena Bazaar, making it its fourth boutique in Dubai to date. The new store reflects RADO’s pioneering spirit and it shows in its latest retail design concept. Adrian Bosshard, CEO of RADO, said: “We are very honored to open …
Poland, Sweden, Estonia and Malta block EU minimum corporate tax agreement | Investment News
PARIS (Reuters) – Poland, Sweden, Estonia and Malta on Tuesday blocked a compromise proposed by France on how to implement minimum corporate tax in the European Union, dealing a blow to the global overhaul of cross-border tax rules. While tax issues require unanimous support across the EU-27, French Finance Minister Bruno Le Maire has said …
Naver’s new CEO takes office promising to change corporate culture
SEOUL, March 14 (Yonhap) — New Naver Corp. CEO Choi Soo-yeon took office on Monday, pledging to foster innovation and reform corporate culture at the leading portal operator South Korea Internet. Shareholders and the company’s board of directors have approved the appointment of the 40-year-old international trade expert for a three-year term. She was appointed …
The globalization of corporate governance
The Ukraine conflict has globalized the board’s approach to enterprise risk. Getty Global economic sanctions against Russia, and the potential impact of their enforcement, will have significant implications for US corporate governance. This will be the case whether they have been direct participants in the sanctions process or are merely observers, indirectly affected by what …
Launch of the Middle East’s first book on the transition to net zero
Farah Naz, co-author of the book Image Credit: Supplied Climate change is an alarming topic, but what is often overlooked is the fact that to achieve sustainability, action must start in our cities. Rapid urbanization has resulted in overburdened infrastructure and services and unplanned sprawl. By 2050, cities will be home to an additional 2.5 …
FRC must tackle ‘glacial’ efforts to improve UK business culture
The Financial Reporting Council (FRC) needs to do more to ensure business leaders take corporate culture more seriously, according to Gavin Hayes, head of public policy and external relations at the Chartered Institute for Internal Auditors. (CIIA). “In the next review of the UK Corporate Governance Code, much more emphasis will need to be placed …
Marshall-Tufflex partners with Vivasvaan Industrial Co.
From its factory in Abu Dhabi, and under its Aquaplex business arm, Vivasvaan Industrial Co. will manufacture black and white Marshall-Tufflex conduit and fittings between 20mm and 50mm, as well as recessed and surface boxes. These products will be manufactured to Marshall-Tufflex specifications and standards, which means that customers in the Gulf region will be …
Dhaka Chamber for Corporate Tax Rate Cuts
The Dhaka Chamber of Commerce and Industry (DCCI) yesterday urged the Revenue Authority to cut corporate tax for listed and unlisted companies by 2.5 percentage points in the next fiscal year (FY) from 2022-23. Currently, the tax rate for listed companies is 22.5% and that for unlisted companies is 30%. For all the latest news, …
CytRx Announces Integration of Wholly-Owned Subsidiary Centurion BioPharma and Corporate Governance Updates
believes that the integration will bring greater efficiency and simplicity to the business structure Notes that the company will integrate Centurion with CytRx Dr. Louis Ignarro, Chair of the Compensation Committee, will leave the Board of Directors effective July 2022 Annual Meeting Steven Kriegsman retires with immediate effect LOS ANGELES, March 09, 2022–(BUSINESS WIRE)–CytRx Corporation …
How Toxic Workers Harm Company Culture and Employee Well-Being
It has never been more important for companies to foster employee well-being and protect their corporate culture from the effects of toxic employees. Sustainability relies on happy and productive employees. Employee well-being can be undermined by just one. The corporate culture is vital because it supports business goals and generates a team ethic around achieving …
Wealthface takes stock trading to a new level
Trading is never random, and professional stock trading requires researching new methods to improve trading strategy. So, most of the time, you have to take trading to a new level by exploring amazing updated features. Wealthface fulfills this desire by bringing the convenience of lightning-fast execution, professional trading tools based on strategies and analytics, and …
Corporate Governance and Appeals for Judgment
The Supreme Court also observed that “the best interests of majority shareholders need not conflict with the interests of minority shareholders or the best interests of members of society as a whole, unless there is misappropriation or misappropriation.” This may have been another reason why the Supreme Court prescribed dual obligations for nominee directors and …
Whistleblowing in Japan: Reforming the “Company Culture of Compliance”
The cultural acceptance of whistleblowers is a sensitive and even volatile topic that is generally avoided, especially when discussing the issue in public. Yet societal and historical forces continue to powerfully influence the treatment of those who take it upon themselves to expose corruption. Unless these forces are confronted and addressed, witnesses will continue to …
Explained: does corporation tax apply to the self-employed? – Tax
To print this article, all you need to do is be registered or log in to Mondaq.com. “Corporation tax” can best be understood as a form of direct tax levied on the net income or profit of a company or business entity. It is also commonly referred to as “corporate profit tax” or “corporate income …
The Dubai Carmel School will represent the United Arab Emirates in the global competition
Dubai Carmel School students Nicolas, Lara, Maryam, Jana with Jolly P Joy, IT HOD & Innovation Coordinator Image Credit: Supplied A team of students from Dubai Carmel School have been announced by the British Council as the national winners of the Your World 2021-22 video competition. The theme of the competition was Urban Life: Sustainable …
The importance of corporate governance and corporate documents | Cranfill Sumner LLP
Many people dream of opening their own business and growing from these humble beginnings. Companies can take on multiple locations, new partners and investors, and can merge with other companies. Then, when time is running out, many of these business owners find that they never took the proper steps necessary to commemorate their original business …
Prestigious 2022 ABLF Awards Announced at Expo 2020 Dubai
Among this year’s winners are HE Mahinda Rajapaksa, Prime Minister of Sri Lanka (ABLF Statesperson Award), HE Ban Ki-Moon, Former Secretary General of the United Nations (ABLF Social Humanitarian Award), HE Zayed R. Alzayani, Minister of ‘Industry, Commerce and Tourism, Bahrain (ABLF Ambassador of Commerce Award), HE Mariam bint Mohammed Almheiri, Minister of Climate Change …
Autoneum: 2021 Corporate Governance Report (1 MB) | PDF
42 Autoneum Annual report 2021 1 GROUP STRUCTURE AND SHAREHOLDERS GROUP STRUCTURE Autoneum Holding SA is a company incorporated under Swiss law with its registered office in Winterthur. Its shares are listed on the SIX Swiss Exchange (security code 12748036, ISIN CH0127480363, symbol AUTN). The market capitalization as of December 31, 2021 amounted to 788.5 …
Armada Hoffler Properties Announces New Corporate Governance Enhancements | 2022-02-28 | Press Releases
VIRGINIA BEACH, Va., Feb. 28 10, 2022 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) (the “Company”) announced today that its Board of Directors has approved and unanimously adopted an amendment to the Company”s Regulations to reduce the requirements necessary for shareholders to submit binding proposals to amend the Company’s articles of association. In …
One-click home services on FlogApp
Strong points The innovative independent platform in the UAE that is now expanding its horizons, offering day-to-day services, has partnered with Jino, the leading car care solution provider in the UAE. Understanding the requirements of its busy users with over 35,000 active users over the past two years, FlogApp has connected its users not only …
Severance S1E3: “In Perpetuity” denounces corporate culture
The following contains spoilers for Breakup S1E3, “In Perpetuity” (written by Andrew Colville and directed by Ben Stiller) In my first two articles on Breakup, I called Mark’s boss at work Peggy Cobel, and I’m inclined to leave this even though a reader pointed out that it should be Harmony, and Harmony is what she’s …
Open Sky Outdoor Furniture opens its first store in Dubai
Open Sky’s new collection features one-of-a-kind pieces that align with the brand’s ethos of offering distinctively luxurious pieces of the highest quality, at an accessible price. The main differentiator of the brand is its attention to detail. The pieces on offer are carefully constructed with highly durable materials and feature design accents to suit the …
Harbor Launches Culture Leaders ETF, “HAPY”
Harbor Capital has launched a goal-oriented ETF for investors looking to capitalize on the financial results of companies that foster workplaces where employees are valued and motivated, which promotes equity value. the Harbor Corporate Culture Leaders ETF (HAPY), listed on the NYSE on February 24 with an expense ratio of 50 basis points, will use …
SOL Properties presents SOL Studios Kitchen in Business Bay
Unlike traditional brick-and-mortar locations, cloud kitchens make them a great alternative for growth. Businesses and entrepreneurs can create and deliver food products with minimal overhead and have the freedom to focus on food preparation and product marketing while minimizing the administrative and logistical hassles that often burden businesses food. Additionally, business owners would enjoy many …
How the Extended Deadline for the Corporate Tax Rate Cut Benefits Manufacturing Companies
On February 1, 2022, Union Finance Minister Nirmala Sitharaman announced several initiatives in her paperless budget, which if implemented in the true spirit, should help the government achieve its objective and commitment to making India a global manufacturing hub, as envisaged by the Prime Minister. The Government, through the Revenue Act (Amendment) Order 2019, on …
Labor pledges to cut personal tax and lower corporate tax rate to 25%
Taxpayers will see the non-taxable part of their income increased by €1,700 as part of the tax savings proposed by Labor on the second day of the election campaign. For parents, the first €12,200 of earned income will not be subject to income tax, compared to €10,500 previously. Single people will not be taxed on …
GSN Hosts First Forum in Two Years at Expo 2020
Shaikh Nahyan Bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, welcomed members of the Global Sustainability Network (GSN), an organization comprised of key representatives from several faith communities, business, academia and society. civil society, at Expo 2020 Dubai. The delegation was visiting Dubai to attend the GSN conference, titled Countdown 2030. It was the …
Zimbabwe: MPs slam Mthuli Ncube on corporate tax obscurity
MPs have called on the Ministry of Finance and Economic Development to disclose the list of companies that pay corporation tax to the government as part of measures to improve transparency in public administration. The government struggles to collect enough taxes to fund state operations. Most companies operating in the small and medium enterprise sector …
G20 says global business tax deal set to come into force next year
Band Leigh Thomas PARIS, February 18 (Reuters) – G20 finance ministers recommitted on Friday to implement a global overhaul of cross-border corporate tax rules next year amid fears that meeting the deadline could prove difficult. JThe Organization for Economic Co-operation and Development, which has led negotiations on the deal from the start, said it was …
An exclusive event in Dubai showcased Japanese cuisine
A special Japanese cuisine masterclass was held at Mamalu Kitchen, Nakheel Mall Palm Jumeira Dubai on February 10, 2022, organized by the Ministry of Agriculture, Forestry and Fisheries of Japan. It’s been about 9 years since the “Washoku” was registered as an intangible cultural heritage by UNESCO. As people around the world are becoming more …
Bangladeshi engineer talks about Amazon’s corporate culture
SHADIC MAHBUB ISLAM | Published: February 17, 2022 6:08:06 PM | Update: February 22, 2022 4:02:25 p.m. A little story of wonder A young Bangladeshi IT engineer has landed his dream job with a global tech giant in one of its German offices. Instead of being delighted with such success, he is restless. He had …
ANALYSIS-UAE corporate tax could dilute competitive advantage, as Saudi Arabia intensifies
Band Saeed Azhar and Lisa Barrington DUBAI, February 17 (Reuters) – The UAE’s corporate tax plans risk eroding one of its main attractions as the Gulf’s top destination for foreign business, at a time when Saudi Arabia is opening up and making pressure on multinationals to transfer their regional headquarters there. As the UAE becomes …
New York State Comptroller Reveals Corporate Governance Diversity Efforts
New York State Comptroller Thomas P. DiNapoli on Wednesday announced a series of corporate governance actions involving the New York Common Retirement Fund, Albany, of which he is the sole director. The actions include agreements with two companies to improve their diversity efforts, which led to the pension fund withdrawing shareholder resolutions. The $279.7 billion …
Meet leading Sri Lankan exporters at Expo 2020 Dubai
With the support of Sri Lankan Missions, SLBC and NCE are coordinating with Chambers of Commerce to attract and invite potential buyers to visit the Sri Lanka Export Brands Exhibition. With these efforts and strategic event dates coinciding with Gulf Food Expo 2020, the Sri Lanka Brand Expo can expect more regional visitors and UAE …
Corporate tax in the United Arab Emirates: companies have enough time to put the right processes in place
The UAE plans to introduce a 9% tax on corporate profits from June 2023 as part of an ongoing plan to diversify the economy from oil and gas revenues and ease pressures tax. While the UAE’s tax-free status has long attracted global businesses, the levy-free regime has helped grow the Gulf nation’s economy as a …
Important issues for the future of sustainable corporate governance in Europe – EURACTIV.com
Europe needs a Copernican revolution in corporate behavior to tackle the climate crisis and social disparities, write Wojciech Baginski and Katie Hill. To do this, the EU should start by clarifying the fundamental principles of company law, they argue. Wojciech Baginski is co-founder of the Interdependence Coalition, an organization that aims to transform the way …
What you need to know about corporate tax on business profits in the UAE as of June 1, 2023
The United Arab Emirates Ministry of Finance (MOF) recently announced the introduction of a federal corporate tax in the United Arab Emirates (the “UAE Corporate Tax”). “Corporation tax” can best be understood as a form of direct tax levied on the net income or profit of a company or business entity. It is commonly referred …
Algbra announces partnership with Mastercard
The terms of Algbra’s partnership with Mastercard include support to grow Algbra’s card business as well as global marketing projects. Algbra is also joining the established community of global financial institutions that are part of the Mastercards network, as a direct participant, and will become an active member of the Priceless Planet Coalition – Mastercard’s …
Former Levi’s chairman talks free speech and corporate culture – WWD
The departure of former Levi’s Brand president Jennifer Sey from the company on Sunday — after nearly two years of airing her personal views on mandatory school closures — sparked new international coverage on Monday. In a Monday afternoon interview, Sey said, “For me, it’s not so much about Levi’s, it’s about the stifling of …
Jennifer Sey, former president of Levi’s brand, talks about freedom of expression and corporate culture
The departure of former Levi’s Brand president Jennifer Sey from the company on Sunday — after nearly two years of airing her personal views on mandatory school closures — sparked new international coverage on Monday. In a Monday afternoon interview, Sey said, “For me, it’s not so much about Levi’s, it’s about the stifling of …
Leaders should revisit the works of three pioneers of corporate culture
When it comes to the future of work, digital skills are only part of the story. Resilience and creativity, bolstered by positive leadership, are essential to a thriving and innovative workforce. A new vision requires cultural changes to help you gain the trust of your employees and new technologies to have a lasting impact …
Frankly: New corporate tax unlikely to affect UAE’s competitiveness, says Dubai Multi Commodities Center CEO
DUBAI: The new tax to be introduced on companies in the UAE is unlikely to affect the competitiveness of the country’s free zones, the director of Dubai’s main commodity trading center told Arab News. Ahmed bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre, said: “The comments I had… (is that the tax) does …
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Compensation becomes more transparent and benefits go beyond company culture
This is the weekly Careers newsletter. If you are reading this on the web or someone has emailed you this newsletter, you can sign up for Globe Careers and all Globe newsletters here. Already Leonard is a Calgary-based freelance writer and journalist. According to a recent report from Salary.com, only one in four employees say …
Future Trend and Key Segment Analysis and Forecast 2022 to 2028 Concur, Zoho Expense, Certify, Xpenditure – Talking Democrat
Research reports on “Corporate Governance Services Market” report provides a detailed overview of factors affecting the global scope of business. The information contained in the Global Corporate Governance Services Market report provides forecast data on future market growth in global demand and supply. The report initially provides a basic overview of the segments, market dynamics, …
US Foods Board of Directors Announces Changes in Corporate Governance | Business
ROSEMONT, Ill.–(BUSINESS WIRE)–February 11, 2022– U.S. Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), one of the largest foodservice distributors in the United States, today announced that, following a governance review by the Board of Directors (the “Board”)”, it has implemented a series of changes consistent with its commitment to best practices in …
Asus announces ExpertBook B3 Flip B3402
Asus today announced the ExpertBook B3 Flip (B3402), a powerful and versatile convertible laptop designed for both work and learning. The ExpertBook B3 Flip is designed to embrace the new normal: hybrid work and learning. It is the best companion for teachers and students, and the ideal colleague for business users and professionals. With its …
The MCCI calls for a new reduction in corporate tax
The Metropolitan Chamber of Commerce and Industry (MCCI) yesterday called on the government to cut corporate tax in the national budget this year as well to bring the rate down to a rational level. The government has cut corporation tax by 2.5 percentage points in each of the last two budgets, bringing the rate down …
EFG Hermes shares jump 16% after FAB bid
Today, the Financial Supervisory Authority received the first letter from First Abu Dhabi Bank regarding the disclosure of its intention to submit a non-binding offer to acquire a controlling percentage of at least 51% of the shares of EFG Hermes Holding in accordance with the provisions of Chapter Twelve of the Executive Regulation of the …
SeaWorld: Dubai meets Bangkok concept
Originally located in one of Sheikh Zayed Road’s oldest buildings, the Safest Way Complex, SeaWorld was launched in 2001 as one of the city’s few stand-alone seafood restaurants and quickly became a sensation among diners from all over Dubai, and especially Emiratis and GCC nationals. Now in its new location, also on Sheikh Zayed Road, …
HIGHLY DECORATED FORMER REPUBLIC SERVICES OPERATIONS DIRECTOR IGNITES TOXIC CORPORATE CULTURE, FIRED AFTER FREQUENT COMPLAINTS OF RACIAL INSULENCE BY WHITE SUPERVISOR
‘The boys will do as I say’ – prosecution alleges pervasive racist language by white supervisor. Tweet that The former manager, who had “exceeded expectations” in her annual performance reviews for seven consecutive years, alleges that Republic Services promised her a promotion for almost two years, only to use her as a symbol of diversity. …
Deferral of Inflation Adjustment and Corporate Tax Exemption for Conversion to Turkish Lira Deposit Accounts – Tax
To print this article, all you need to do is be registered or log in to Mondaq.com. Law No. 7352 on Certain Amendments to the Tax Procedures Law and the Corporate Tax Law (“Law No. 7352”) deferred the inflation adjustment and provided an exemption corporate tax for income generated by converting foreign currency and gold …
Will FDI levels fall as the UAE introduces corporate tax? Investment Monitor
The United Arab Emirates (UAE) Ministry of Finance announced on January 31, 2022 that it is introducing the first-ever corporate profit tax in the country’s history. As of June 1, 2023, taxable profits over MAD 375,000 ($102,000) will be taxed at 9%. For a country that has built its business community on a low or …
Asus eShop digital store launched in UAE
The launch of the Asus e-store is designed to improve the overall digital journey for end users, allowing them to enjoy free shipping over Dhs 200, promotional offers, a perfect 2-year warranty as well as call center support in more than 50 service points. The new eShop aims to enhance the customer experience and provide …
Forbes India – ESG, corporate governance: why divestment doesn’t hurt ‘dirty’ companies
People assumed that simply divesting from a dirty company would automatically cause the company to change its policiesImage: Shutterstock IImpact investing is exploding. In 2020, the World Bank’s International Finance Corporation totaled $2.3 trillion in global investments intended to generate social and environmental returns in addition to financial returns. The US SIF Foundation, a …
Al Thuriah Properties launches Future Tower 4
Featuring modern interiors, high quality finishes and floor-to-ceiling windows, Future Tower 4 offers magnificent unobstructed views of the city and the sea. It is composed of a ground floor and 30 floors, 5 for the parking and 25 for housing. Overall, it holds a total of 338 parking spaces and 275 super spacious apartments divided …
Concessional corporate tax rate: Government wants private companies to quickly set up new manufacturing units
The government wants new domestic companies to quickly set up their manufacturing units in India and as a result the preferential tax rate of 15% has been extended for a year until March 2024, the revenue secretary said on Friday. , Tarun Bajaj. Stating that direct and indirect tax revenue is growing and has good …
corporate tax: Reduced corporate tax rate: government wants private companies to quickly set up new manufacturing units
The government wants new domestic companies to quickly set up their manufacturing units in India and as a result the preferential tax rate of 15% has been extended for a year until March 2024, the revenue secretary said on Friday. , Tarun Bajaj. Stating that direct and indirect tax revenue is growing and has good …