ROSHN signs land deals with Ajdan to develop 270 villas in Riyadh’s SEDRA project
Saudi Arabia's national developer ROSHN has signed a land purchase agreement with real estate firm Ajdan to develop over 270…
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Oman: No VAT increase, no income tax in 2023
The government is neither planning to slap income tax in 2023 on high salaried individuals nor it will raise the…
Nearly 75% of UAE firms to hand out bonuses: new survey
Most companies in the UAE are expected to hand workers their bonuses for 2022, as business conditions improved and the…
Abu Dhabi's ADNOC to acquire 24.9% stake in Austria's OMV from Mubadala – sources
Abu Dhabi National Oil Company has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from…
AXA XL appoints Claudia Ingenhoven as Chief Financial Officer, Reinsurance
AXA XL Reinsurance has announced it will appoint Claudia Ingenhoven as Chief Financial Officer (CFO), Reinsurance effective 13 February 2023.…
Appointment of senior regional officers within Crédit Agricole CIB
Jean-François Deroche is appointed Senior Regional Officer for the Asia-Pacific region as of December 1 , 2022, based in Hong…
Sohar International wins ‘Best-in-Class Wealth Management Service of the Year’ award at Signature Luxury 100
Sohar International has been at the forefront of setting new benchmarks of excellence in innovation, personalised services, and premium products.…
Seychelles inaugurates UAE-funded 5MW solar PV plant
The Seychelles inaugurated a UAE-funded five-megawatt solar photovoltaic plant with battery storage, the second clean-energy project in the African island…
Emiratisation fines, job loss insurance, corporate tax: 5 new UAE laws that will come into effect in 2023
2022 has been a year of labour reforms and a new visa regime. As we gear up to step into…
Professional development is key for growth in Middle East advice industry
It’s an undeniable fact that the relatively recent pandemic proved to be a disruptive catalyst for the insurance sector in…
UAE Corporate Tax: Multinationals' being pegged at 9% for now will be a win-win
The UAE’s decision to peg the corporate tax rate on multinationals based in the country at 9 per cent for…
UAE delegation visits Scotland to discuss renewable energy, technology
Dr Thani bin Ahmed Al Zeyoudi, minister of State for Foreign Trade, led an Emirati delegation of business and investment…